Company Details

  INDIVIDUAL ASSURANCE COMPANY LIFE HEALTH & ACCIDENT License Status :
Active

NAIC Number :

81779


Phone Number:

405-285-5307


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
2020 Total Accident & Health 0.02% $9,843,117 $9,957,818 $7,810,626 $7,947,951 79.82 %
2020 Total Individual Accident & Health 0.05% $9,843,505 $9,952,833 $7,810,626 $7,948,316 79.86 %
2020 Individual Medicare Supplement 0.37% $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
2019 Total Accident & Health 0.02% $10,043,382 $9,891,382 $7,715,462 $7,921,897 80.09 %
2019 Total Individual Accident & Health 0.05% $10,047,313 $9,888,996 $7,703,098 $7,925,008 80.14 %
2019 Individual Medicare Supplement 0.40% $10,046,721 $9,888,406 $7,703,098 $7,925,008 80.14 %
2019 Individual Disability Income 0.00% $592 $590 $0 $0 0.00 %
2019 Total Group Accident & Health 0.00% $-3,931 $2,386 $12,364 $-3,111 -130.39 %
2019 Group Short Term Credit Disability -0.02% $-3,931 $2,386 $12,364 $-3,111 -130.39 %
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 0.04% $8,048,328 $7,999,193 $5,914,704 $5,971,367 74.65 %
2018 Individual Medicare Supplement 0.32% $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 -0.06% $-11,668 $36,581 $30,556 $13,898 37.99 %

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
2020 Health 0.10% 1 31
2020 Life and Annuities 0.00% 0 0
2020 Medicare Supplement Insurance 1.18% 1 79
2019 Health 0.10% 2 58
2019 Life and Annuities 0.01% 0 0
2019 Medicare Supplement Insurance 1.05% 2 136
2018 Health 0.09% 3 85
2018 Life and Annuities 0.01% 0 0
2018 Medicare Supplement Insurance 0.97% 3 214


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