Company search
Company Details
BANKERS LIFE AND CASUALTY COMPANY License Status :
Active
NAIC Number :
61263
Phone Number:
312-396-6000
Company Address:
111 EAST WACKER DRIVE, SUITE 2100
CHICAGO, IL 60601-4508
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 |
|---|---|---|---|---|---|---|---|
| 2019 | Total Accident & Health | 0.04% | $22,697,593 | $24,289,327 | $24,986,642 | $26,905,540 | N/A |
| 2019 | Total Individual Accident & Health | 0.11% | $20,689,304 | $22,275,181 | $23,097,577 | $25,029,111 | N/A |
| 2019 | Individual Medicare Supplement | 0.13% | $2,958,483 | $3,029,849 | $2,423,151 | $2,359,370 | 77.87 % |
| 2019 | Individual Long Term Care | 3.61% | $16,868,352 | $18,385,456 | $20,361,674 | $22,135,820 | N/A |
| 2019 | Individual Specified Disease | 0.12% | $667,352 | $662,938 | $184,455 | $173,057 | 26.10 % |
| 2019 | Individual Accident Only | 0.00% | $4,031 | $3,972 | $0 | $-71 | -1.79 % |
| 2019 | Individual Disability Income | 0.02% | $56,572 | $60,600 | $110,297 | $345,247 | N/A |
| 2019 | Individual Limited Benefit | 0.08% | $134,514 | $132,366 | $18,000 | $15,688 | 11.85 % |
| 2019 | Total Group Accident & Health | 0.00% | $2,008,289 | $2,014,146 | $1,889,065 | $1,876,429 | 93.16 % |
| 2019 | Group Medicare Supplement | 0.15% | $2,008,227 | $2,014,084 | $1,889,065 | $1,876,429 | 93.17 % |
| 2019 | Group Accident Only | 0.00% | $62 | $62 | $0 | $0 | 0.00 % |
| 2019 | Total Life | 0.15% | $40,134,051 | $0 | $25,910,968 | $0 | N/A |
| 2019 | Total Individual Life | 0.24% | $40,134,051 | $0 | $25,887,763 | $0 | N/A |
| 2019 | Individual Whole Life | 0.57% | $7,416,740 | $0 | $4,996,852 | $0 | N/A |
| 2019 | Individual Term Life | 0.04% | $420,123 | $0 | $130,001 | $0 | N/A |
| 2019 | Individual Universal Life | 0.29% | $4,264,166 | $0 | $1,918,218 | $0 | N/A |
| 2019 | Individual Ordinary Annuities | 0.04% | $830,718 | $0 | $9,501,312 | $0 | N/A |
| 2019 | Individual Equity Indexed Annuities | 0.61% | $26,525,116 | $0 | $0 | $0 | N/A |
| 2019 | Individual Deposit-Type Funds | 0.40% | $677,188 | $0 | $9,341,380 | $0 | N/A |
| 2019 | Total Group Life | 0.00% | $0 | $0 | $23,205 | $0 | N/A |
| 2019 | Group Ordinary Annuities | 0.00% | $0 | $0 | $23,205 | $0 | N/A |
| 2018 | Total Accident & Health | 0.04% | $23,305,329 | $25,250,937 | $25,328,945 | $25,231,127 | 99.92 % |
| 2018 | Total Individual Accident & Health | 0.12% | $21,166,812 | $23,036,525 | $23,183,122 | $23,255,649 | N/A |
| 2018 | Individual Medicare Supplement | 0.14% | $3,278,756 | $3,440,232 | $2,735,595 | $2,565,317 | 74.57 % |
| 2018 | Individual Long Term Care | 3.62% | $17,069,090 | $18,773,545 | $19,901,487 | $20,145,591 | N/A |
| 2018 | Individual Specified Disease | 0.13% | $617,996 | $618,279 | $355,739 | $400,230 | 64.73 % |
| 2018 | Individual Accident Only | 0.00% | $4,350 | $4,442 | $0 | $-27 | -0.61 % |
| 2018 | Individual Disability Income | 0.03% | $61,285 | $66,211 | $151,966 | $74,939 | N/A |
| 2018 | Individual Limited Benefit | 0.10% | $135,335 | $133,816 | $38,335 | $69,599 | 52.01 % |
| 2018 | Total Group Accident & Health | 0.00% | $2,138,517 | $2,214,412 | $2,145,823 | $1,975,478 | 89.21 % |
| 2018 | Group Medicare Supplement | 0.15% | $2,138,476 | $2,214,337 | $2,145,823 | $1,975,493 | 89.21 % |
| 2018 | Group Accident Only | 0.00% | $41 | $75 | $0 | $-15 | -20.00 % |
| 2018 | Total Life | 0.11% | $37,693,103 | $0 | $27,797,961 | $0 | N/A |
| 2018 | Total Individual Life | 0.25% | $37,693,103 | $0 | $27,746,765 | $0 | N/A |
| 2018 | Individual Whole Life | 0.56% | $7,199,268 | $0 | $4,850,395 | $0 | N/A |
| 2018 | Individual Term Life | 0.04% | $425,207 | $0 | $200,000 | $0 | N/A |
| 2018 | Individual Universal Life | 0.28% | $4,304,008 | $0 | $3,500,964 | $0 | N/A |
| 2018 | Individual Ordinary Annuities | 0.06% | $980,058 | $0 | $11,131,899 | $0 | N/A |
| 2018 | Individual Equity Indexed Annuities | 0.55% | $24,744,562 | $0 | $8,063,507 | $0 | N/A |
| 2018 | Individual Deposit-Type Funds | 0.03% | $40,000 | $0 | $0 | $0 | N/A |
| 2018 | Total Group Life | 0.00% | $0 | $0 | $51,196 | $0 | N/A |
| 2018 | Group Term Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2018 | Group Ordinary Annuities | 0.00% | $0 | $0 | $51,196 | $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 |
|---|---|---|---|---|
| 2019 | Long-Term Care Insurance | 6.95% | 16 | 113 |
| 2019 | Medicare Supplement Insurance | 0.66% | 4 | 431 |
| 2019 | Health | 0.24% | 26 | 282 |
| 2019 | Life and Annuities | 0.38% | 15 | 397 |
| 2018 | Health | 0.28% | 33 | 291 |
| 2018 | Life and Annuities | 0.33% | 14 | 390 |
| 2018 | Long-Term Care Insurance | 7.13% | 23 | 155 |
| 2018 | Medicare Supplement Insurance | 0.79% | 4 | 352 |
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
Financial Exams
This company does not have any financial exams.