Company Details

  INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH & ACCIDENT License Status :
Active

NAIC Number :

81779


Phone Number:

405-285-0838


Company Address:

PO BOX 30685 
EDMOND, OK  73003

Description:

Life and Health


License Number:

A7307138


Date Admitted:

1973-11-27


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 0.01% $8,036,660 $8,035,774 $5,945,260 $5,985,265 74.48 %
2018 Total Individual Accident & Health 0.05% $8,048,328 $7,999,193 $5,914,704 $5,971,367 74.65 %
2018 Individual Medicare Supplement 0.39% $8,047,736 $7,998,589 $5,914,704 $5,971,367 74.66 %
2018 Individual Disability Income 0.00% $592 $604 $0 $0 0.00 %
2018 Total Group Accident & Health -0.00% $-11,668 $36,581 $30,556 $13,898 37.99 %
2018 Group Short Term Credit Disability -0.07% $-11,668 $36,581 $30,556 $13,898 37.99 %
2018 Total Life 0.00% $524,598 $0 $308,842 $0 N/A
2018 Total Individual Life 0.00% $147,794 $0 $114,666 $0 N/A
2018 Individual Whole Life 0.00% $0 $0 $5,000 $0 N/A
2018 Individual Term Life 0.01% $147,794 $0 $97,514 $0 N/A
2018 Individual Universal Life 0.00% $0 $0 $0 $0 N/A
2018 Individual Ordinary Annuities 0.00% $0 $0 $12,152 $0 N/A
2018 Total Group Life 0.00% $376,804 $0 $194,176 $0 N/A
2018 Group Term Life 0.04% $395,426 $0 $151,678 $0 N/A
2018 Group Credit Life -0.09% $-18,622 $0 $42,498 $0 N/A
2017 Total Accident & Health 0.02% $8,325,341 $8,571,515 $5,938,171 $5,885,371 68.66 %
2017 Total Individual Accident & Health 0.04% $8,375,978 $8,433,725 $5,875,988 $5,898,774 69.94 %
2017 Individual Medicare Supplement 0.41% $8,375,285 $8,433,030 $5,875,988 $5,898,774 69.95 %
2017 Individual Disability Income 0.00% $693 $695 $0 $0 0.00 %
2017 Total Group Accident & Health -0.00% $-50,637 $137,790 $62,183 $-13,403 -9.73 %
2017 Group Short Term Credit Disability -0.29% $-50,637 $137,790 $62,183 $-13,403 -9.73 %
2017 Total Life 0.00% $465,307 $0 $651,836 $0 N/A
2017 Total Individual Life 0.00% $156,570 $0 $337,664 $0 N/A
2017 Individual Whole Life 0.00% $0 $0 $13,077 $0 N/A
2017 Individual Term Life 0.02% $155,546 $0 $310,133 $0 N/A
2017 Individual Universal Life 0.00% $1,024 $0 $0 $0 N/A
2017 Individual Ordinary Annuities 0.00% $0 $0 $14,454 $0 N/A
2017 Total Group Life 0.00% $308,737 $0 $314,172 $0 N/A
2017 Group Term Life 0.04% $369,162 $0 $205,642 $0 N/A
2017 Group Credit Life -0.28% $-60,425 $0 $108,530 $0 N/A
2016 Total Accident & Health 0.01% $7,011,892 $7,022,977 $4,214,689 $4,515,563 64.30 %
2016 Total Individual Accident & Health 0.03% $7,011,892 $7,022,977 $4,214,689 $4,515,563 64.30 %
2016 Individual Medicare Supplement 0.35% $6,997,797 $6,725,349 $4,101,147 $4,469,665 66.46 %
2016 Individual Disability Income 0.00% $844 $842 $0 $0 0.00 %
2016 Individual Short Term Credit Disability 1.21% $13,251 $296,786 $113,542 $45,898 15.47 %
2016 Total Life 0.00% $622,334 $0 $660,192 $0 N/A
2016 Total Individual Life 0.00% $174,264 $0 $148,142 $0 N/A
2016 Individual Whole Life 0.00% $0 $0 $1,000 $0 N/A
2016 Individual Term Life 0.02% $173,234 $0 $131,466 $0 N/A
2016 Individual Universal Life 0.00% $1,030 $0 $0 $0 N/A
2016 Individual Ordinary Annuities 0.00% $0 $0 $15,676 $0 N/A
2016 Total Group Life 0.01% $448,070 $0 $512,050 $0 N/A
2016 Group Term Life 0.04% $384,280 $0 $141,668 $0 N/A
2016 Group Credit Life 0.30% $63,790 $0 $370,382 $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 0.07% 2 66
2018 Life and Annuities 0.01% 0 0
2018 Medicare Supplement Insurance 0.75% 2 175
2017 Life and Annuities 0.01% 0 0
2017 Medicare Supplement Insurance 0.75% 2 175
2017 Health 0.07% 2 66
2016 Health 0.04% 1 52
2016 Life and Annuities 0.01% 0 0
2016 Medicare Supplement Insurance 0.40% 1 158


Company Changes

Effective Date: 03/27/2014

Comments:

Effective Date: 11/19/2012

Comments: Individual Assurance Company, Life, Health & Accident

Effective Date: 09/08/2014

Comments: Effective 09/08/14 this company redomesticated from Misssouri to Oklahoma.


Market Conduct

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


Financial Exams

Date: 03/27/2014

IndividualAC.pdf