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Company Details
AAA LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
71854
Phone Number:
8006241662
Company Address:
17900 N. Laurel Park Drive
Livonia, MI 48152
Description:
Life and Health
License Number:
A423244
Date Admitted:
1974-04-10
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 |
|---|---|---|---|---|---|---|---|
| 2021 | Total Accident & Health | 0.00% | $1,725,184 | $1,738,907 | $618,802 | $838,696 | 48.23 % |
| 2021 | Total Individual Accident & Health | 0.00% | $139,697 | $141,380 | $36,000 | $36,170 | 25.58 % |
| 2021 | Individual Accident Only | 0.05% | $139,697 | $141,380 | $36,000 | $36,170 | 25.58 % |
| 2021 | Total Group Accident & Health | 0.00% | $1,585,487 | $1,597,527 | $582,802 | $802,526 | 50.24 % |
| 2021 | Group Accident Only | 0.44% | $1,585,487 | $1,597,527 | $582,802 | $802,526 | 50.24 % |
| 2021 | Total Life | 0.05% | $16,735,196 | $0 | $9,409,153 | $0 | N/A |
| 2021 | Total Individual Life | 0.05% | $10,419,668 | $0 | $4,939,728 | $0 | N/A |
| 2021 | Individual Whole Life | 0.07% | $1,128,204 | $0 | $171,755 | $0 | N/A |
| 2021 | Individual Term Life | 0.23% | $3,041,835 | $0 | $1,773,438 | $0 | N/A |
| 2021 | Individual Universal Life | 0.04% | $654,226 | $0 | $309,838 | $0 | N/A |
| 2021 | Individual Graded Death Benefits | 16.43% | $5,564,703 | $0 | $2,258,669 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.00% | $30,700 | $0 | $426,028 | $0 | N/A |
| 2021 | Total Group Life | 0.05% | $6,315,528 | $0 | $4,469,425 | $0 | N/A |
| 2021 | Group Term Life | 0.39% | $6,315,528 | $0 | $4,469,425 | $0 | N/A |
| 2020 | Total Accident & Health | 0.00% | $1,697,336 | $1,708,433 | $460,794 | $445,393 | 26.07 % |
| 2020 | Total Individual Accident & Health | 0.00% | $158,104 | $158,160 | $36,965 | $31,395 | 19.85 % |
| 2020 | Individual Accident Only | 0.06% | $158,104 | $158,160 | $36,965 | $31,395 | 19.85 % |
| 2020 | Total Group Accident & Health | 0.00% | $1,539,232 | $1,550,273 | $423,829 | $413,998 | 26.70 % |
| 2020 | Group Accident Only | 0.45% | $1,539,232 | $1,550,273 | $423,829 | $413,998 | 26.70 % |
| 2020 | Total Life | 0.03% | $14,835,892 | $0 | $6,281,580 | $0 | N/A |
| 2020 | Total Individual Life | 0.04% | $9,314,001 | $0 | $3,837,110 | $0 | N/A |
| 2020 | Individual Whole Life | 0.07% | $937,733 | $0 | $439,972 | $0 | N/A |
| 2020 | Individual Term Life | 0.22% | $2,946,900 | $0 | $1,102,593 | $0 | N/A |
| 2020 | Individual Universal Life | 0.04% | $596,347 | $0 | $24,424 | $0 | N/A |
| 2020 | Individual Graded Death Benefits | 14.93% | $4,798,321 | $0 | $2,066,807 | $0 | N/A |
| 2020 | Individual Ordinary Annuities | 0.00% | $34,700 | $0 | $203,314 | $0 | N/A |
| 2020 | Total Group Life | 0.03% | $5,521,891 | $0 | $2,444,470 | $0 | N/A |
| 2020 | Group Term Life | 0.40% | $5,521,891 | $0 | $2,444,470 | $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 |
|---|---|---|---|---|
| 2021 | Health | 0.02% | 0 | 0 |
| 2021 | Life and Annuities | 0.15% | 3 | 251 |
| 2020 | Health | 0.02% | 1 | 174 |
| 2020 | Life and Annuities | 0.14% | 7 | 599 |
Company Changes
No recent changes
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.