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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 |
|---|---|---|---|---|---|---|---|
| 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 | 0.09% | $19,770,843 | $21,891,045 | $21,625,845 | $19,250,962 | 87.94 % |
| 2020 | Individual Medicare Supplement | 0.10% | $2,559,668 | $2,617,360 | $1,959,634 | $1,921,792 | 73.42 % |
| 2020 | Individual Long Term Care | 3.28% | $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 | 0.12% | $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 | 0.10% | $40,240,031 | $0 | $25,558,344 | $0 | N/A |
| 2020 | Total Individual Life | 0.20% | $40,240,031 | $0 | $25,535,139 | $0 | N/A |
| 2020 | Individual Whole Life | 0.55% | $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 | 0.25% | $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 | 0.73% | $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 |
| 2019 | Total Accident & Health | 0.03% | $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 | 0.12% | $2,958,483 | $3,029,849 | $2,423,151 | $2,359,370 | 77.87 % |
| 2019 | Individual Long Term Care | 3.31% | $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 | 0.07% | $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 | 0.14% | $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 | 0.14% | $40,134,051 | $0 | $25,910,968 | $0 | N/A |
| 2019 | Total Individual Life | 0.23% | $40,134,051 | $0 | $25,887,763 | $0 | N/A |
| 2019 | Individual Whole Life | 0.54% | $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 | 0.27% | $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 | 0.60% | $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 | 0.11% | $21,166,812 | $23,036,525 | $23,183,122 | $23,255,649 | N/A |
| 2018 | Individual Medicare Supplement | 0.13% | $3,278,756 | $3,440,232 | $2,735,595 | $2,565,317 | 74.57 % |
| 2018 | Individual Long Term Care | 3.32% | $17,069,090 | $18,773,545 | $19,901,487 | $20,145,591 | N/A |
| 2018 | Individual Specified Disease | 0.12% | $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 | 0.09% | $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 | 0.10% | $37,693,103 | $0 | $27,797,961 | $0 | N/A |
| 2018 | Total Individual Life | 0.24% | $37,693,103 | $0 | $27,746,765 | $0 | N/A |
| 2018 | Individual Whole Life | 0.54% | $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 | 0.25% | $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 | 0.54% | $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 |
|---|---|---|---|---|
| 2020 | Health | 0.25% | 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 |
| 2019 | Medicare Supplement Insurance | 0.66% | 4 | 431 |
| 2019 | Health | 0.26% | 26 | 282 |
| 2019 | Life and Annuities | 0.39% | 15 | 397 |
| 2019 | Long-Term Care Insurance | 6.96% | 16 | 113 |
| 2018 | Health | 0.30% | 33 | 291 |
| 2018 | Life and Annuities | 0.33% | 14 | 390 |
| 2018 | Long-Term Care Insurance | 7.14% | 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.