Company Details

  GUARANTY INCOME LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

64238


Phone Number:

225-490-8238


Company Address:

2638 SOUTH SHERWOOD FOREST BLVD, STE 200 
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
2020 Total Accident & Health 0.00% $54,843 $54,926 $40,465 $41,752 76.02 %
2020 Total Individual Accident & Health 0.00% $54,843 $54,926 $40,465 $41,752 76.02 %
2020 Individual Long Term Care 0.01% $54,843 $54,926 $40,465 $41,752 76.02 %
2020 Total Life 0.03% $14,228,897 $0 $2,141,668 $0 N/A
2020 Total Individual Life 0.07% $14,228,897 $0 $2,141,668 $0 N/A
2020 Individual Whole Life 0.00% $21,673 $0 $51,319 $0 N/A
2020 Individual Term Life 0.00% $7,177 $0 $16,994 $0 N/A
2020 Individual Universal Life 0.00% $13,814 $0 $32,711 $0 N/A
2020 Individual Ordinary Annuities 0.05% $1,147,842 $0 $931,963 $0 N/A
2020 Individual Equity Indexed Annuities 0.35% $12,943,353 $0 $1,007,445 $0 N/A
2020 Individual Deposit-Type Funds 0.07% $95,038 $0 $0 $0 N/A
2020 Individual Other Consideration 0.00% $0 $0 $101,236 $0 N/A
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 %
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 %

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
2020 Health 0.00% 1 5163
2020 Life and Annuities 0.09% 0 0
2020 Long-Term Care Insurance 0.02% 1 2453
2019 Health 0.00% 1 4745
2019 Life and Annuities 0.05% 0 0
2019 Long-Term Care Insurance 0.02% 1 2256
2018 Health 0.00% 1 4304
2018 Life and Annuities 0.04% 0 0
2018 Long-Term Care Insurance 0.02% 1 2366


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.