Company Details

  INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH & ACCIDENT License Status :
Active

NAIC Number :

81779


Phone Number:

4052425109


Company Address:

PO BOX 14998 
OKLAHOMA CITY, OK  73113-0998

Description:

Life and Health


License Number:

A420689


Date Admitted:

1973-11-27


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
2022 Total Accident & Health 0.01% $5,556,926 $5,680,088 $4,719,979 $4,567,371 80.41 %
2022 Total Individual Accident & Health 0.03% $5,556,926 $5,679,693 $4,719,979 $4,567,374 80.42 %
2022 Individual Medicare Supplement 0.21% $5,556,394 $5,679,158 $4,719,979 $4,567,374 80.42 %
2022 Individual Disability Income 0.00% $532 $535 $0 $0 0.00 %
2022 Total Group Accident & Health 0.00% $0 $395 $0 $-3 -0.76 %
2022 Group Short Term Credit Disability 0.00% $0 $395 $0 $-3 -0.76 %
2022 Total Life 0.00% $248,489 $0 $140,337 $0 N/A
2022 Total Individual Life 0.00% $127,391 $0 $139,544 $0 N/A
2022 Individual Whole Life 0.00% $0 $0 $0 $0 N/A
2022 Individual Term Life 0.01% $127,391 $0 $139,544 $0 N/A
2022 Individual Universal Life 0.00% $0 $0 $0 $0 N/A
2022 Individual Ordinary Annuities 0.00% $0 $0 $0 $0 N/A
2022 Total Group Life 0.00% $121,098 $0 $793 $0 N/A
2022 Group Term Life 0.01% $121,098 $0 $793 $0 N/A
2022 Group Credit Life 0.00% $0 $0 $0 $0 N/A
2021 Total Accident & Health 0.01% $7,984,131 $8,094,381 $6,442,762 $7,948,292 98.20 %
2021 Total Individual Accident & Health 0.03% $7,984,431 $8,093,559 $6,442,762 $7,948,316 98.21 %
2021 Individual Medicare Supplement 0.26% $7,983,809 $8,092,951 $6,442,762 $7,948,316 98.21 %
2021 Individual Disability Income 0.00% $622 $608 $0 $0 0.00 %
2021 Total Group Accident & Health 0.00% $-300 $822 $0 $-24 -2.92 %
2021 Group Short Term Credit Disability 0.00% $-300 $822 $0 $-24 -2.92 %
2021 Total Life 0.00% $265,651 $0 $218,126 $0 N/A
2021 Total Individual Life 0.00% $131,940 $0 $52,234 $0 N/A
2021 Individual Whole Life 0.00% $0 $0 $0 $0 N/A
2021 Individual Term Life 0.01% $131,940 $0 $52,234 $0 N/A
2021 Individual Universal Life 0.00% $0 $0 $0 $0 N/A
2021 Individual Ordinary Annuities 0.00% $0 $0 $0 $0 N/A
2021 Total Group Life 0.00% $133,711 $0 $165,892 $0 N/A
2021 Group Term Life 0.01% $140,039 $0 $165,892 $0 N/A
2021 Group Universal Life 0.00% $0 $0 $0 $0 N/A
2021 Group Credit Life -0.03% $-6,328 $0 $0 $0 N/A
2020 Total Accident & Health 0.01% $9,843,117 $9,957,818 $7,810,626 $7,947,951 79.82 %
2020 Total Individual Accident & Health 0.04% $9,843,505 $9,952,833 $7,810,626 $7,948,316 79.86 %
2020 Individual Medicare Supplement 0.32% $9,842,913 $9,952,246 $7,810,626 $7,948,316 79.86 %
2020 Individual Disability Income 0.00% $592 $587 $0 $0 0.00 %
2020 Total Group Accident & Health 0.00% $-388 $4,985 $0 $-365 -7.32 %
2020 Group Short Term Credit Disability 0.00% $-388 $4,985 $0 $-365 -7.32 %
2020 Total Life 0.00% $275,879 $0 $274,660 $0 N/A
2020 Total Individual Life 0.00% $133,388 $0 $126,381 $0 N/A
2020 Individual Whole Life 0.00% $0 $0 $0 $0 N/A
2020 Individual Term Life 0.01% $133,388 $0 $115,693 $0 N/A
2020 Individual Universal Life 0.00% $0 $0 $0 $0 N/A
2020 Individual Ordinary Annuities 0.00% $0 $0 $10,688 $0 N/A
2020 Total Group Life 0.00% $142,491 $0 $148,279 $0 N/A
2020 Group Term Life 0.01% $143,352 $0 $148,279 $0 N/A
2020 Group Credit Life 0.00% $-861 $0 $0 $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
2022 Health 0.08% 0 0
2022 Life and Annuities 0.00% 0 0
2022 Medicare Supplement Insurance 0.94% 0 0
2021 Health 0.10% 0 0
2021 Life and Annuities 0.00% 0 0
2021 Medicare Supplement Insurance 1.14% 0 0
2020 Health 0.10% 1 31
2020 Life and Annuities 0.00% 0 0
2020 Medicare Supplement Insurance 1.18% 1 79


Company Changes

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

Date: 11/13/2019

IAC1119.pdf


Financial Exams

Date: 03/27/2014

IndividualAC.pdf