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.

Link to Enforcements Page


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

conseco-bankers_Stip.pdf

Date: 10/28/2022

BLIC1022.pdf

Date: 05/28/2024

BLCC524.pdf


Financial Exams

This company does not have any financial exams.