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Company Details
GUARANTY INCOME LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
64238
Phone Number:
225-490-8238
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 |
|---|---|---|---|---|---|---|---|
| 2019 | Total Accident & Health | 0.00% | $56,204 | $56,204 | $31,998 | $31,998 | 56.93 % |
| 2019 | Total Individual Accident & Health | 0.00% | $56,204 | $56,204 | $31,998 | $31,998 | 56.93 % |
| 2019 | Individual Long Term Care | 0.01% | $56,204 | $56,204 | $31,998 | $31,998 | 56.93 % |
| 2019 | Total Life | 0.02% | $4,177,397 | $0 | $1,594,659 | $0 | N/A |
| 2019 | Total Individual Life | 0.03% | $4,177,397 | $0 | $1,594,659 | $0 | N/A |
| 2019 | Individual Whole Life | 0.00% | $26,258 | $0 | $688,696 | $0 | N/A |
| 2019 | Individual Term Life | 0.00% | $5,120 | $0 | $25,043 | $0 | N/A |
| 2019 | Individual Universal Life | 0.00% | $10,633 | $0 | $162,783 | $0 | N/A |
| 2019 | Individual Ordinary Annuities | 0.15% | $3,348,296 | $0 | $612,137 | $0 | N/A |
| 2019 | Individual Equity Indexed Annuities | 0.02% | $758,105 | $0 | $0 | $0 | N/A |
| 2019 | Individual Deposit-Type Funds | 0.02% | $28,985 | $0 | $0 | $0 | N/A |
| 2019 | Individual Other Consideration | 0.00% | $0 | $0 | $106,000 | $0 | N/A |
| 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 | 0.36% | $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 | 0.16% | $2,368,055 | $0 | $431,670 | $0 | N/A |
| 2017 | Individual Deposit-Type Funds | 0.12% | $189,998 | $0 | $132,821 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2019 | Health | 0.00% | 1 | 4745 |
| 2019 | Life and Annuities | 0.05% | 0 | 0 |
| 2019 | Long-Term Care Insurance | 0.02% | 1 | 2256 |
| 2018 | Long-Term Care Insurance | 0.02% | 1 | 2366 |
| 2018 | Health | 0.00% | 1 | 4304 |
| 2018 | Life and Annuities | 0.04% | 0 | 0 |
| 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.