Company Details

  FREEDOM LIFE INSURANCE COMPANY OF AMERICA License Status :
Active

NAIC Number :

62324


Phone Number:

8178783300


Company Address:

300 BURNETT ST SUITE 200 
FORT WORTH, TX  76102

Description:

Life and Health


License Number:

A7306630


Date Admitted:

1971-12-20


Market Share

Link to Supplemental Data Page

Year Line Market Share Direct Premium Earned Direct Premium Written Direct Losses Paid Direct Losses Incurred Loss Ratio
2018 Total Accident & Health 0.02% $9,385,929 $9,303,382 $3,123,790 $3,713,248 39.91 %
2018 Total Individual Accident & Health 0.05% $8,452,178 $8,369,989 $2,803,553 $3,463,593 41.38 %
2018 Individual Comprehensive Medical Expense 0.00% $99,819 $99,857 $1,334,012 $1,648,080 N/A
2018 Individual Specified Disease 1.46% $6,905,888 $6,841,193 $1,077,105 $1,330,687 19.45 %
2018 Individual Accident Only 0.40% $999,029 $989,257 $232,751 $287,547 29.07 %
2018 Individual Dental 0.23% $355,489 $350,618 $121,902 $150,601 42.95 %
2018 Individual Limited Benefit 0.07% $91,953 $89,064 $37,783 $46,678 52.41 %
2018 Total Group Accident & Health 0.00% $933,751 $933,393 $320,237 $249,655 26.75 %
2018 Group Comprehensive Medical Expense - Association 0.07% $93,732 $95,467 $15,637 $12,190 12.77 %
2018 Group Specified Disease 0.61% $468,199 $469,031 $184,077 $143,506 30.60 %
2018 Group Accident Only 0.04% $107,121 $107,341 $34,673 $27,031 25.18 %
2018 Group Dental 0.00% $13,359 $13,332 $4,479 $3,491 26.19 %
2018 Group Limited Benefit 0.05% $251,340 $248,222 $81,371 $63,437 25.56 %
2018 Total Life 0.00% $1,107,118 $0 $176,783 $0 N/A
2018 Total Individual Life 0.01% $1,107,118 $0 $176,783 $0 N/A
2018 Individual Term Life 0.11% $1,107,118 $0 $176,783 $0 N/A
2017 Total Accident & Health 0.01% $4,863,616 $4,785,092 $1,391,293 $1,592,071 33.27 %
2017 Total Individual Accident & Health 0.02% $3,763,019 $3,681,160 $928,327 $1,092,719 29.68 %
2017 Individual Comprehensive Medical Expense 0.00% $54,222 $53,042 $349,060 $410,873 N/A
2017 Individual Specified Disease 0.86% $3,126,862 $3,058,841 $471,780 $555,325 18.15 %
2017 Individual Accident Only 0.20% $458,544 $448,569 $54,940 $64,669 14.42 %
2017 Individual Dental 0.08% $121,148 $118,513 $51,251 $60,327 50.90 %
2017 Individual Limited Benefit 0.00% $2,243 $2,195 $1,296 $1,525 69.48 %
2017 Total Group Accident & Health 0.00% $1,100,597 $1,103,932 $462,966 $499,352 45.23 %
2017 Group Comprehensive Medical Expense - Association 0.08% $122,396 $122,767 $107,170 $115,592 94.16 %
2017 Group Specified Disease 0.58% $428,274 $429,571 $163,808 $176,683 41.13 %
2017 Group Accident Only 0.04% $118,709 $119,069 $22,068 $23,803 19.99 %
2017 Group Dental 0.01% $71,597 $71,814 $20,351 $21,950 30.57 %
2017 Group Limited Benefit 0.08% $359,621 $360,711 $149,569 $161,324 44.72 %
2017 Total Life 0.00% $574,136 $0 $20,253 $0 N/A
2017 Total Individual Life 0.00% $574,136 $0 $20,253 $0 N/A
2017 Individual Term Life 0.06% $574,136 $0 $20,253 $0 N/A
2016 Total Accident & Health 0.00% $2,809,645 $2,768,181 $1,268,465 $1,397,328 50.48 %
2016 Total Individual Accident & Health 0.01% $1,493,048 $1,467,117 $460,873 $519,664 35.42 %
2016 Individual Comprehensive Medical Expense 0.00% $17,419 $17,117 $178,418 $201,178 N/A
2016 Individual Specified Disease 0.40% $1,208,395 $1,187,408 $237,460 $267,752 22.55 %
2016 Individual Accident Only 0.09% $214,822 $211,091 $29,507 $33,271 15.76 %
2016 Individual Dental 0.03% $49,596 $48,734 $14,721 $16,599 34.06 %
2016 Individual Limited Benefit 0.00% $2,816 $2,767 $767 $864 31.23 %
2016 Total Group Accident & Health 0.00% $1,316,597 $1,301,064 $807,592 $877,664 67.46 %
2016 Group Comprehensive Medical Expense - Association 0.07% $137,755 $136,130 $125,738 $136,647 N/A
2016 Group Specified Disease 0.69% $540,997 $534,614 $418,707 $455,037 85.12 %
2016 Group Accident Only 0.06% $172,645 $170,608 $64,695 $70,308 41.21 %
2016 Group Dental 0.00% $15,933 $15,745 $8,986 $9,766 62.03 %
2016 Group Limited Benefit 0.11% $449,267 $443,967 $189,466 $205,906 46.38 %
2016 Total Life 0.00% $336,747 $0 $177,670 $0 N/A
2016 Total Individual Life 0.00% $336,747 $0 $177,670 $0 N/A
2016 Individual Term Life 0.04% $336,747 $0 $177,670 $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
2018 Health 0.04% 6 344
2018 Life and Annuities 0.00% 0 0
2017 Life and Annuities 0.00% 0 0
2017 Health 0.04% 6 344
2016 Health 0.03% 10 658
2016 Life and Annuities 0.00% 0 0


Company Changes

Effective Date: 01/03/2014

Comments:

Effective Date: 11/26/2014

Comments:

Effective Date: 07/03/2014

Comments:

Effective Date: 01/10/2014

Comments:

Effective Date: 01/17/2014

Comments:

Effective Date: 10/01/2014

Comments:

Effective Date: 10/24/2014

Comments:

Effective Date: 10/14/2014

Comments:

Effective Date: 09/15/2014

Comments:

Effective Date: 09/05/2014

Comments:

Effective Date: 08/25/2014

Comments:

Effective Date: 11/10/2014

Comments:

Effective Date: 12/23/2014

Comments:

Effective Date: 04/11/2019

Comments:


Market Conduct

Date: 04/11/2019

FLICA419.pdf


Financial Exams

This company does not have any financial exams.