Company Details

  GUARANTY INCOME LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

64238


Phone Number:

8475276749


Company Address:

5600 N. River Road, Suite 300 
Rosemont, IL  60018

Description:

Life and Health


License Number:

A423211


Date Admitted:

1972-12-12


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2023 Total Life 0.63% $85,285,674 $0 $10,875,711 $0 N/A
2023 Total Individual Life 0.85% $85,285,674 $0 $10,875,711 $0 N/A
2023 Individual Whole Life 0.00% $17,008 $0 $14,203 $0 N/A
2023 Individual Term Life 0.00% $7,642 $0 $42,102 $0 N/A
2023 Individual Universal Life 0.00% $9,724 $0 $260,000 $0 N/A
2023 Individual Ordinary Annuities 0.62% $16,517,687 $0 $5,374,744 $0 N/A
2023 Individual Equity Indexed Annuities 3.07% $68,733,613 $0 $5,184,662 $0 N/A
2022 Total Life 0.37% $53,714,324 $0 $3,163,806 $0 N/A
2022 Total Individual Life 0.54% $53,714,324 $0 $3,163,806 $0 N/A
2022 Individual Whole Life 0.00% $19,508 $0 $105,442 $0 N/A
2022 Individual Term Life 0.00% $7,101 $0 $4,558 $0 N/A
2022 Individual Universal Life 0.00% $10,441 $0 $81,307 $0 N/A
2022 Individual Ordinary Annuities 0.46% $10,774,796 $0 $1,834,284 $0 N/A
2022 Individual Equity Indexed Annuities 2.22% $42,902,478 $0 $1,138,215 $0 N/A
2021 Total Life 0.32% $39,566,286 $0 $3,717,635 $0 N/A
2021 Total Individual Life 0.50% $39,566,286 $0 $3,717,635 $0 N/A
2021 Individual Whole Life 0.00% $20,933 $0 $30,000 $0 N/A
2021 Individual Term Life 0.00% $6,900 $0 $10,215 $0 N/A
2021 Individual Universal Life 0.00% $11,761 $0 $0 $0 N/A
2021 Individual Ordinary Annuities 0.19% $2,962,792 $0 $1,564,745 $0 N/A
2021 Individual Equity Indexed Annuities 2.68% $36,563,900 $0 $2,112,675 $0 N/A

Enforcements

The department has not taken enforcement action against this company in the past three years.

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2023 Life and Annuities 0.43% 0 0
2022 Health 0.00% 0 0
2022 Life and Annuities 0.35% 0 0
2022 Long-Term Care Insurance 0.01% 0 0
2021 Health 0.00% 0 0
2021 Life and Annuities 0.20% 0 0
2021 Long-Term Care Insurance 0.02% 0 0


Company Changes

Effective Date: 05/31/2019

Comments: Effective 5/31/19 this company redomesticated from LA to IA.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.