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Company Details
AMERICAN FINANCIAL SECURITY LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
69337
Phone Number:
631-617-3990
Company Address:
55 NE 5TH AVENUE SUITE 502
BOCA RATON, FL 33432
Description:
Life and Health
License Number:
A424081
Date Admitted:
2005-11-22
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% | $175,050 | $171,121 | $25,018 | $-3,066 | -1.79 % |
| 2018 | Total Group Accident & Health | 0.00% | $175,050 | $171,121 | $25,018 | $-3,066 | -1.79 % |
| 2018 | Group Limited Benefit | 0.02% | $175,050 | $171,121 | $25,018 | $-3,066 | -1.79 % |
| 2018 | Total Life | 0.00% | $201 | $0 | $0 | $0 | N/A |
| 2018 | Total Individual Life | 0.00% | $201 | $0 | $0 | $0 | N/A |
| 2018 | Individual Whole Life | 0.00% | $201 | $0 | $0 | $0 | N/A |
| 2017 | Total Accident & Health | 0.00% | $150,234 | $151,761 | $91,055 | $117,206 | 77.23 % |
| 2017 | Total Group Accident & Health | 0.00% | $150,234 | $151,761 | $91,055 | $117,206 | 77.23 % |
| 2017 | Group Limited Benefit | 0.03% | $150,234 | $151,761 | $91,055 | $117,206 | 77.23 % |
| 2017 | Total Life | 0.00% | $799 | $0 | $0 | $0 | N/A |
| 2017 | Total Individual Life | 0.00% | $799 | $0 | $0 | $0 | N/A |
| 2017 | Individual Term Life | 0.00% | $799 | $0 | $0 | $0 | N/A |
| 2016 | Total Accident & Health | 0.00% | $195,440 | $196,703 | $80,573 | $98,318 | 49.98 % |
| 2016 | Total Group Accident & Health | 0.00% | $195,440 | $196,703 | $80,573 | $98,318 | 49.98 % |
| 2016 | Group Limited Benefit | 0.05% | $195,440 | $196,703 | $80,573 | $98,318 | 49.98 % |
| 2016 | Total Life | 0.00% | $1,339 | $0 | $10,000 | $0 | N/A |
| 2016 | Total Individual Life | 0.00% | $1,339 | $0 | $10,000 | $0 | N/A |
| 2016 | Individual Term Life | 0.00% | $1,339 | $0 | $10,000 | $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 |
|---|---|---|---|---|
| 2018 | Health | 0.00% | 2 | 2550 |
| 2018 | Life and Annuities | 0.00% | 0 | 0 |
| 2017 | Life and Annuities | 0.00% | 0 | 0 |
| 2017 | Health | 0.00% | 1 | 1214 |
| 2016 | Health | 0.00% | 2 | 1876 |
| 2016 | Life and Annuities | 0.00% | 0 | 0 |
Company Changes
Effective Date: 01/21/2016
Comments:
Effective Date: 03/27/2008
Comments: American Financial Security Life Insurance Co. by American Financial Security Holdings Inc.
Effective Date: 08/26/2005
Comments: American Financial Security Life Insurance Co. by ACA Assurance
Effective Date: 08/27/2013
Comments:
Effective Date: 05/16/2014
Comments:
Effective Date: 03/11/2019
Comments:
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
Date: 01/21/2016
Date: 03/11/2019
Order and Exam Report - American Financial Security Life Insurance Company.pdf