Company Details

  BANKERS LIFE AND CASUALTY COMPANY License Status :
Active

NAIC Number :

61263


Phone Number:

3123966000


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
2021 Total Accident & Health 0.03% $21,202,749 $22,581,221 $20,753,463 $19,561,289 86.63 %
2021 Total Individual Accident & Health 0.09% $19,683,266 $21,017,652 $19,277,601 $18,078,858 86.02 %
2021 Individual Medicare Supplement 0.07% $2,169,824 $2,209,553 $1,936,445 $1,904,977 86.22 %
2021 Individual Long Term Care 3.19% $16,362,699 $17,665,723 $16,949,196 $15,838,985 89.66 %
2021 Individual Specified Disease 0.12% $948,658 $937,744 $270,000 $315,086 33.60 %
2021 Individual Accident Only 0.00% $3,187 $3,549 $10,300 $10,174 N/A
2021 Individual Disability Income 0.02% $42,081 $45,690 $96,996 $-33,714 -73.79 %
2021 Individual Limited Benefit 0.05% $156,817 $155,393 $14,664 $43,350 27.90 %
2021 Total Group Accident & Health 0.00% $1,519,483 $1,563,569 $1,475,862 $1,482,431 94.81 %
2021 Group Medicare Supplement 0.08% $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 0.14% $48,233,320 $0 $30,684,655 $0 N/A
2021 Total Individual Life 0.22% $48,233,320 $0 $30,663,052 $0 N/A
2021 Individual Whole Life 0.54% $9,036,051 $0 $5,885,338 $0 N/A
2021 Individual Term Life 0.03% $415,706 $0 $244,353 $0 N/A
2021 Individual Universal Life 0.25% $4,592,804 $0 $3,175,649 $0 N/A
2021 Individual Ordinary Annuities 0.02% $648,250 $0 $8,374,845 $0 N/A
2021 Individual Equity Indexed Annuities 0.69% $33,508,509 $0 $12,982,867 $0 N/A
2021 Individual Deposit-Type Funds 0.02% $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
2020 Total Accident & Health 0.03% $21,464,547 $23,620,132 $23,120,396 $20,738,889 87.80 %
2020 Total Individual Accident & Health 0.08% $19,770,843 $21,891,045 $21,625,845 $19,250,962 87.94 %
2020 Individual Medicare Supplement 0.09% $2,559,668 $2,617,360 $1,959,634 $1,921,792 73.42 %
2020 Individual Long Term Care 3.14% $16,269,838 $18,341,283 $19,199,344 $16,927,014 92.29 %
2020 Individual Specified Disease 0.11% $753,562 $739,297 $280,345 $353,914 47.87 %
2020 Individual Accident Only 0.00% $3,460 $3,669 $0 $-32 -0.87 %
2020 Individual Disability Income 0.02% $46,171 $52,063 $151,997 $-15,323 -29.43 %
2020 Individual Limited Benefit 0.06% $138,144 $137,373 $34,525 $63,597 46.30 %
2020 Total Group Accident & Health 0.00% $1,693,704 $1,729,087 $1,494,551 $1,487,927 86.05 %
2020 Group Medicare Supplement 0.09% $1,693,642 $1,729,025 $1,494,551 $1,487,926 86.06 %
2020 Group Accident Only 0.00% $62 $62 $0 $1 1.61 %
2020 Total Life 0.09% $40,240,031 $0 $25,558,344 $0 N/A
2020 Total Individual Life 0.19% $40,240,031 $0 $25,535,139 $0 N/A
2020 Individual Whole Life 0.53% $7,670,009 $0 $5,903,185 $0 N/A
2020 Individual Term Life 0.03% $406,043 $0 $183,000 $0 N/A
2020 Individual Universal Life 0.24% $4,151,937 $0 $3,001,017 $0 N/A
2020 Individual Ordinary Annuities 0.04% $949,059 $0 $7,664,298 $0 N/A
2020 Individual Equity Indexed Annuities 0.62% $27,032,983 $0 $8,783,639 $0 N/A
2020 Individual Deposit-Type Funds 0.02% $30,000 $0 $0 $0 N/A
2020 Total Group Life 0.00% $0 $0 $23,205 $0 N/A
2020 Group Term Life 0.00% $0 $0 $0 $0 N/A
2020 Group Ordinary Annuities 0.00% $0 $0 $23,205 $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
2021 Health 0.22% 22 339
2021 Life and Annuities 0.44% 13 379
2021 Long-Term Care Insurance 6.73% 18 157
2021 Medicare Supplement Insurance 0.53% 0 0
2020 Health 0.23% 22 278
2020 Life and Annuities 0.42% 11 319
2020 Long-Term Care Insurance 6.78% 17 137
2020 Medicare Supplement Insurance 0.62% 1 151


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


Financial Exams

This company does not have any financial exams.