Company Details

  GUARANTY INCOME LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

64238


Phone Number:

225-383-0355


Company Address:

P.O. BOX 2231 
BATON ROUGE, LA  70816

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
2018 Total Accident & Health 0.00% $54,385 $54,361 $25,114 $25,085 46.15 %
2018 Total Individual Accident & Health 0.00% $54,385 $54,361 $25,114 $25,085 46.15 %
2018 Individual Long Term Care 0.01% $54,385 $54,361 $25,114 $25,085 46.15 %
2018 Total Life 0.02% $6,084,404 $0 $764,395 $0 N/A
2018 Total Individual Life 0.04% $6,084,404 $0 $764,395 $0 N/A
2018 Individual Whole Life 0.00% $22,779 $0 $280,493 $0 N/A
2018 Individual Term Life 0.00% $4,442 $0 $54,697 $0 N/A
2018 Individual Universal Life 0.00% $9,224 $0 $113,579 $0 N/A
2018 Individual Ordinary Annuities 0.38% $6,047,959 $0 $184,653 $0 N/A
2018 Individual Deposit-Type Funds 0.00% $0 $0 $130,973 $0 N/A
2017 Total Accident & Health 0.00% $51,713 $51,448 $37,111 $37,681 73.24 %
2017 Total Individual Accident & Health 0.00% $51,713 $51,448 $37,111 $37,681 73.24 %
2017 Individual Long Term Care 0.01% $51,713 $51,448 $37,111 $37,681 73.24 %
2017 Total Life 0.01% $2,601,523 $0 $1,271,432 $0 N/A
2017 Total Individual Life 0.02% $2,601,523 $0 $1,271,432 $0 N/A
2017 Individual Whole Life 0.00% $26,986 $0 $440,098 $0 N/A
2017 Individual Term Life 0.00% $4,822 $0 $78,057 $0 N/A
2017 Individual Universal Life 0.00% $11,662 $0 $188,786 $0 N/A
2017 Individual Ordinary Annuities 0.17% $2,368,055 $0 $431,670 $0 N/A
2017 Individual Deposit-Type Funds 0.13% $189,998 $0 $132,821 $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
2018 Health 0.00% 1 4304
2018 Life and Annuities 0.04% 0 0
2018 Long-Term Care Insurance 0.02% 1 2366
2017 Health 0.00% 0 0
2017 Life and Annuities 0.02% 0 0
2017 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.