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Company Details
BANKERS LIFE AND CASUALTY COMPANY License Status :
Active
NAIC Number :
61263
Phone Number:
3178176485
Company Address:
303 E. Wacker Drive, 5th Floor
CHICAGO, IL 60601
Description:
Life and Health
License Number:
A420662
Date Admitted:
1946-05-16
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 |
---|---|---|---|---|---|---|---|
2023 | Total Accident & Health | 0.13% | $19,267,622 | $20,872,309 | $22,676,291 | $23,909,736 | N/A |
2023 | Total Individual Accident & Health | 0.35% | $18,246,620 | $19,825,945 | $21,775,195 | $22,985,445 | N/A |
2023 | Individual Medicare Supplement | 0.30% | $1,593,567 | $1,715,354 | $1,757,545 | $1,720,934 | N/A |
2023 | Individual Long Term Care | 7.72% | $15,221,595 | $16,747,431 | $19,526,028 | $20,908,670 | N/A |
2023 | Individual Specified Disease | 1.18% | $1,238,443 | $1,166,434 | $406,268 | $481,297 | 41.26 % |
2023 | Individual Accident Only | 0.00% | $2,721 | $2,845 | $25 | $-49 | -1.72 % |
2023 | Individual Disability Income | 0.03% | $35,963 | $39,475 | $48,254 | $-136,123 | -344.83 % |
2023 | Individual Limited Benefit | 0.14% | $154,331 | $154,406 | $37,075 | $10,716 | 6.94 % |
2023 | Total Group Accident & Health | 0.01% | $1,021,002 | $1,046,364 | $901,096 | $924,291 | 88.33 % |
2023 | Group Medicare Supplement | 0.38% | $1,021,002 | $1,046,364 | $901,096 | $924,291 | 88.33 % |
2023 | Total Life | 0.40% | $54,329,469 | $0 | $37,995,656 | $0 | N/A |
2023 | Total Individual Life | 0.54% | $54,329,469 | $0 | $37,971,528 | $0 | N/A |
2023 | Individual Whole Life | 0.97% | $8,488,222 | $0 | $6,568,678 | $0 | N/A |
2023 | Individual Term Life | 0.07% | $412,183 | $0 | $57,962 | $0 | N/A |
2023 | Individual Universal Life | 0.88% | $5,007,841 | $0 | $2,252,890 | $0 | N/A |
2023 | Individual Ordinary Annuities | 0.19% | $5,051,458 | $0 | $8,326,917 | $0 | N/A |
2023 | Individual Equity Indexed Annuities | 1.58% | $35,335,567 | $0 | $20,765,081 | $0 | N/A |
2023 | Individual Deposit-Type Funds | 0.00% | $34,198 | $0 | $0 | $0 | N/A |
2023 | Total Group Life | 0.00% | $0 | $0 | $24,128 | $0 | N/A |
2023 | Group Ordinary Annuities | 0.00% | $0 | $0 | $24,128 | $0 | N/A |
2022 | Total Accident & Health | 0.17% | $20,258,509 | $21,776,981 | $20,980,612 | $24,282,135 | N/A |
2022 | Total Individual Accident & Health | 0.40% | $19,040,001 | $20,493,163 | $19,759,513 | $23,157,713 | N/A |
2022 | Individual Medicare Supplement | 0.38% | $1,912,747 | $1,946,460 | $1,685,535 | $1,616,411 | 83.04 % |
2022 | Individual Long Term Care | 7.96% | $15,847,135 | $17,265,754 | $17,631,402 | $21,174,803 | N/A |
2022 | Individual Specified Disease | 0.92% | $1,077,214 | $1,069,482 | $373,076 | $402,541 | 37.64 % |
2022 | Individual Accident Only | 0.01% | $3,191 | $3,212 | $0 | $66 | 2.05 % |
2022 | Individual Disability Income | 0.03% | $37,183 | $41,668 | $54,210 | $-58,376 | -140.10 % |
2022 | Individual Limited Benefit | 0.16% | $162,531 | $166,587 | $15,290 | $22,268 | 13.37 % |
2022 | Total Group Accident & Health | 0.02% | $1,218,508 | $1,283,818 | $1,221,099 | $1,124,422 | 87.58 % |
2022 | Group Medicare Supplement | 0.48% | $1,218,499 | $1,283,809 | $1,221,099 | $1,124,433 | 87.59 % |
2022 | Group Disability Income | 0.00% | $9 | $9 | $0 | $-11 | -122.22 % |
2022 | Total Life | 0.41% | $59,105,378 | $0 | $32,583,296 | $0 | N/A |
2022 | Total Individual Life | 0.60% | $59,105,378 | $0 | $32,559,457 | $0 | N/A |
2022 | Individual Whole Life | 0.99% | $8,530,657 | $0 | $7,041,567 | $0 | N/A |
2022 | Individual Term Life | 0.07% | $409,980 | $0 | $250,000 | $0 | N/A |
2022 | Individual Universal Life | 0.65% | $5,064,708 | $0 | $3,071,943 | $0 | N/A |
2022 | Individual Ordinary Annuities | 0.11% | $2,513,692 | $0 | $10,156,653 | $0 | N/A |
2022 | Individual Equity Indexed Annuities | 2.20% | $42,531,341 | $0 | $0 | $0 | N/A |
2022 | Individual Deposit-Type Funds | 0.01% | $55,000 | $0 | $12,039,294 | $0 | N/A |
2022 | Total Group Life | 0.00% | $0 | $0 | $23,839 | $0 | N/A |
2022 | Group Ordinary Annuities | 0.00% | $0 | $0 | $23,839 | $0 | N/A |
2021 | Total Accident & Health | 0.17% | $21,202,749 | $22,581,221 | $20,753,463 | $19,561,289 | 86.63 % |
2021 | Total Individual Accident & Health | 0.44% | $19,683,266 | $21,017,652 | $19,277,601 | $18,078,858 | 86.02 % |
2021 | Individual Medicare Supplement | 0.37% | $2,169,824 | $2,209,553 | $1,936,445 | $1,904,977 | 86.22 % |
2021 | Individual Long Term Care | 7.88% | $16,362,699 | $17,665,723 | $16,949,196 | $15,838,985 | 89.66 % |
2021 | Individual Specified Disease | 0.92% | $948,658 | $937,744 | $270,000 | $315,086 | 33.60 % |
2021 | Individual Accident Only | 0.01% | $3,187 | $3,549 | $10,300 | $10,174 | N/A |
2021 | Individual Disability Income | 0.04% | $42,081 | $45,690 | $96,996 | $-33,714 | -73.79 % |
2021 | Individual Limited Benefit | 0.23% | $156,817 | $155,393 | $14,664 | $43,350 | 27.90 % |
2021 | Total Group Accident & Health | 0.02% | $1,519,483 | $1,563,569 | $1,475,862 | $1,482,431 | 94.81 % |
2021 | Group Medicare Supplement | 0.66% | $1,519,421 | $1,563,484 | $1,475,862 | $1,482,432 | 94.82 % |
2021 | Group Accident Only | 0.00% | $62 | $85 | $0 | $-1 | -1.18 % |
2021 | Total Life | 0.39% | $48,233,320 | $0 | $30,684,655 | $0 | N/A |
2021 | Total Individual Life | 0.61% | $48,233,320 | $0 | $30,663,052 | $0 | N/A |
2021 | Individual Whole Life | 1.03% | $9,036,051 | $0 | $5,885,338 | $0 | N/A |
2021 | Individual Term Life | 0.07% | $415,706 | $0 | $244,353 | $0 | N/A |
2021 | Individual Universal Life | 0.58% | $4,592,804 | $0 | $3,175,649 | $0 | N/A |
2021 | Individual Ordinary Annuities | 0.04% | $648,250 | $0 | $8,374,845 | $0 | N/A |
2021 | Individual Equity Indexed Annuities | 2.46% | $33,508,509 | $0 | $12,982,867 | $0 | N/A |
2021 | Individual Deposit-Type Funds | 0.03% | $32,000 | $0 | $0 | $0 | N/A |
2021 | Total Group Life | 0.00% | $0 | $0 | $21,603 | $0 | N/A |
2021 | Group Ordinary Annuities | 0.00% | $0 | $0 | $21,603 | $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 |
---|---|---|---|---|
2023 | Health | 0.19% | 25 | 599 |
2023 | Life and Annuities | 0.50% | 15 | 407 |
2023 | Long-Term Care Insurance | 6.53% | 19 | 178 |
2023 | Medicare Supplement Insurance | 0.39% | 0 | 0 |
2022 | Health | 0.25% | 25 | 455 |
2022 | Life and Annuities | 0.48% | 15 | 431 |
2022 | Long-Term Care Insurance | 6.67% | 21 | 206 |
2022 | Medicare Supplement Insurance | 0.46% | 0 | 0 |
2021 | Health | 0.26% | 22 | 339 |
2021 | Life and Annuities | 0.44% | 13 | 379 |
2021 | Long-Term Care Insurance | 6.76% | 18 | 157 |
2021 | Medicare Supplement Insurance | 0.55% | 0 | 0 |
Company Changes
Effective Date: 03/01/2000
Comments: Certified Life Insurance Co. merged with and into Bankers Life and Casualty Co.
Market Conduct
Date: 03/27/2008
Date: 10/28/2022
Date: 05/28/2024
Financial Exams
This company does not have any financial exams.