Company Details

  EQUITRUST LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

62510


Phone Number:

3127023400


Company Address:

7100 WESTOWN PARKWAY, SUITE 200 
WEST DES MOINES, IA  50266

Description:

Life and Health


License Number:

A421551


Date Admitted:

1969-04-23


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 Life 0.38% $51,675,562 $0 $48,114,421 $0 N/A
2023 Total Individual Life 0.52% $51,675,562 $0 $45,784,839 $0 N/A
2023 Individual Whole Life 0.00% $430 $0 $61,327 $0 N/A
2023 Individual Term Life 0.00% $0 $0 $49,074 $0 N/A
2023 Individual Universal Life 0.00% $300 $0 $1,600 $0 N/A
2023 Individual Variable Life 0.00% $0 $0 $0 $0 N/A
2023 Individual Ordinary Annuities 0.78% $20,912,075 $0 $15,356,274 $0 N/A
2023 Individual Variable Annuities 0.00% $0 $0 $431,433 $0 N/A
2023 Individual Equity Indexed Annuities 1.37% $30,742,042 $0 $29,864,122 $0 N/A
2023 Individual Deposit-Type Funds 0.00% $20,715 $0 $21,009 $0 N/A
2023 Total Group Life 0.00% $0 $0 $2,329,582 $0 N/A
2023 Group Ordinary Annuities 0.00% $0 $0 $347,418 $0 N/A
2023 Group Equity Indexed Annuities 0.00% $0 $0 $1,982,164 $0 N/A
2022 Total Life 0.23% $32,895,904 $0 $40,042,644 $0 N/A
2022 Total Individual Life 0.33% $32,882,804 $0 $38,758,704 $0 N/A
2022 Individual Whole Life 0.00% $180 $0 $0 $0 N/A
2022 Individual Term Life 0.00% $0 $0 $0 $0 N/A
2022 Individual Universal Life 0.00% $5,568 $0 $896,919 $0 N/A
2022 Individual Variable Life 0.01% $11,045 $0 $42,050 $0 N/A
2022 Individual Ordinary Annuities 0.02% $384,944 $0 $0 $0 N/A
2022 Individual Variable Annuities 0.00% $17,135 $0 $325,704 $0 N/A
2022 Individual Modified Guaranteed Annuities 8.56% $6,541,894 $0 $728,247 $0 N/A
2022 Individual Equity Indexed Annuities 1.32% $25,537,094 $0 $11,489,439 $0 N/A
2022 Individual Deposit-Type Funds 0.04% $384,944 $0 $24,238,165 $0 N/A
2022 Individual Other Consideration 0.00% $0 $0 $1,038,180 $0 N/A
2022 Total Group Life 0.00% $13,100 $0 $1,283,940 $0 N/A
2022 Group Equity Indexed Annuities 0.45% $13,100 $0 $1,283,940 $0 N/A
2021 Total Life 0.26% $32,146,916 $0 $37,545,819 $0 N/A
2021 Total Individual Life 0.41% $32,133,816 $0 $37,217,419 $0 N/A
2021 Individual Whole Life 0.00% $270 $0 $0 $0 N/A
2021 Individual Term Life 0.00% $0 $0 $0 $0 N/A
2021 Individual Universal Life 0.01% $118,494 $0 $-643,028 $0 N/A
2021 Individual Variable Life 0.01% $14,612 $0 $0 $0 N/A
2021 Individual Ordinary Annuities 0.02% $314,750 $0 $347,677 $0 N/A
2021 Individual Variable Annuities 0.00% $31,812 $0 $904,199 $0 N/A
2021 Individual Modified Guaranteed Annuities 1.33% $529,406 $0 $11,740,745 $0 N/A
2021 Individual Equity Indexed Annuities 2.23% $30,356,528 $0 $23,803,725 $0 N/A
2021 Individual Deposit-Type Funds 0.84% $767,944 $0 $1,064,101 $0 N/A
2021 Total Group Life 0.00% $13,100 $0 $328,400 $0 N/A
2021 Group Equity Indexed Annuities 0.30% $13,100 $0 $328,400 $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 Life and Annuities 0.30% 1 46
2022 Life and Annuities 0.34% 1 41
2021 Life and Annuities 0.35% 1 37


Company Changes

Effective Date: 08/01/1998

Comments: Continental Western Life Insurance Co. changed its name to EquiTrust Life Insurance Co.

Effective Date: 02/07/2014

Comments: Effective 02/07/14 this company redomesticated to Illinois.


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

This company does not have any financial exams.