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Company Details
LIFESECURE INSURANCE COMPANY License Status :
Active
NAIC Number :
77720
Phone Number:
8665827702
Company Address:
53200 Grand River Avenue
New Hudson, MI 48165
Description:
Life and Health
License Number:
A419826
Date Admitted:
1988-07-18
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 Accident & Health | 0.01% | $938,750 | $937,948 | $170,685 | $528,941 | 56.39 % |
| 2023 | Total Individual Accident & Health | 0.02% | $936,350 | $935,594 | $170,685 | $528,952 | 56.54 % |
| 2023 | Individual Medicare Supplement | 0.00% | $579 | $580 | $295 | $290 | 50.00 % |
| 2023 | Individual Long Term Care | 0.41% | $807,306 | $805,553 | $75,981 | $424,667 | 52.72 % |
| 2023 | Individual Specified Disease | 0.02% | $17,843 | $17,818 | $10,070 | $18,534 | N/A |
| 2023 | Individual Accident Only | 0.12% | $99,324 | $100,154 | $84,339 | $84,151 | 84.02 % |
| 2023 | Individual Limited Benefit | 0.01% | $11,298 | $11,489 | $0 | $1,310 | 11.40 % |
| 2023 | Total Group Accident & Health | 0.00% | $2,400 | $2,354 | $0 | $-11 | -0.47 % |
| 2023 | Group Long Term Care | 0.00% | $1,722 | $1,722 | $0 | $0 | 0.00 % |
| 2023 | Group Accident Only | 0.00% | $348 | $324 | $0 | $-10 | -3.09 % |
| 2023 | Group Disability Income | 0.00% | $330 | $308 | $0 | $-1 | -0.32 % |
| 2023 | Total Life | 0.00% | $48,313 | $0 | $88,244 | $0 | N/A |
| 2023 | Total Individual Life | 0.00% | $48,313 | $0 | $88,244 | $0 | N/A |
| 2023 | Individual Whole Life | 0.00% | $11,923 | $0 | $66,228 | $0 | N/A |
| 2023 | Individual Term Life | 0.00% | $510 | $0 | $0 | $0 | N/A |
| 2023 | Individual Universal Life | 0.00% | $2,783 | $0 | $4,166 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.00% | $33,097 | $0 | $17,850 | $0 | N/A |
| 2022 | Total Accident & Health | 0.01% | $934,469 | $944,425 | $110,771 | $110,201 | 11.67 % |
| 2022 | Total Individual Accident & Health | 0.02% | $932,256 | $942,144 | $110,771 | $110,176 | 11.69 % |
| 2022 | Individual Medicare Supplement | 0.00% | $0 | $0 | $870 | $862 | N/A |
| 2022 | Individual Long Term Care | 0.41% | $822,612 | $830,594 | $67,878 | $64,904 | 7.81 % |
| 2022 | Individual Specified Disease | 0.01% | $17,230 | $17,484 | $0 | $847 | 4.84 % |
| 2022 | Individual Accident Only | 0.14% | $84,919 | $86,548 | $42,023 | $43,314 | 50.05 % |
| 2022 | Individual Limited Benefit | 0.01% | $7,495 | $7,518 | $0 | $249 | 3.31 % |
| 2022 | Total Group Accident & Health | 0.00% | $2,213 | $2,281 | $0 | $25 | 1.10 % |
| 2022 | Group Long Term Care | 0.00% | $1,432 | $1,690 | $0 | $0 | 0.00 % |
| 2022 | Group Accident Only | 0.00% | $415 | $315 | $0 | $14 | 4.44 % |
| 2022 | Group Limited Benefit | 0.00% | $366 | $276 | $0 | $11 | 3.99 % |
| 2022 | Total Life | 0.00% | $48,948 | $0 | $99,580 | $0 | N/A |
| 2022 | Total Individual Life | 0.00% | $48,948 | $0 | $99,580 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $14,093 | $0 | $62,814 | $0 | N/A |
| 2022 | Individual Term Life | 0.00% | $497 | $0 | $10,000 | $0 | N/A |
| 2022 | Individual Universal Life | 0.00% | $3,262 | $0 | $2,329 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.00% | $31,096 | $0 | $24,437 | $0 | N/A |
| 2021 | Total Accident & Health | 0.01% | $872,820 | $873,334 | $105,981 | $215,759 | 24.71 % |
| 2021 | Total Individual Accident & Health | 0.02% | $869,786 | $870,155 | $105,981 | $215,729 | 24.79 % |
| 2021 | Individual Medicare Supplement | 0.00% | $1,159 | $1,152 | $537 | $527 | 45.75 % |
| 2021 | Individual Long Term Care | 0.38% | $787,298 | $789,065 | $72,126 | $179,724 | 22.78 % |
| 2021 | Individual Specified Disease | 0.01% | $9,225 | $9,032 | $0 | $-245 | -2.71 % |
| 2021 | Individual Accident Only | 0.10% | $64,492 | $63,664 | $33,318 | $35,430 | 55.65 % |
| 2021 | Individual Limited Benefit | 0.01% | $7,612 | $7,242 | $0 | $293 | 4.05 % |
| 2021 | Total Group Accident & Health | 0.00% | $3,034 | $3,179 | $0 | $30 | 0.94 % |
| 2021 | Group Long Term Care | 0.00% | $1,607 | $1,608 | $0 | $0 | 0.00 % |
| 2021 | Group Accident Only | 0.00% | $799 | $876 | $0 | $-4 | -0.46 % |
| 2021 | Group Limited Benefit | 0.00% | $628 | $695 | $0 | $34 | 4.89 % |
| 2021 | Total Life | 0.00% | $28,744 | $0 | $74,932 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $28,744 | $0 | $74,932 | $0 | N/A |
| 2021 | Individual Whole Life | 0.00% | $15,175 | $0 | $65,680 | $0 | N/A |
| 2021 | Individual Term Life | 0.00% | $1,794 | $0 | $0 | $0 | N/A |
| 2021 | Individual Universal Life | 0.00% | $2,678 | $0 | $0 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.00% | $9,097 | $0 | $9,252 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.01% | 0 | 0 |
| 2023 | Life and Annuities | 0.00% | 0 | 0 |
| 2023 | Long-Term Care Insurance | 0.33% | 0 | 0 |
| 2023 | Medicare Supplement Insurance | 0.00% | 0 | 0 |
| 2022 | Health | 0.01% | 0 | 0 |
| 2022 | Life and Annuities | 0.00% | 0 | 0 |
| 2022 | Long-Term Care Insurance | 0.33% | 0 | 0 |
| 2022 | Medicare Supplement Insurance | 0.00% | 0 | 0 |
| 2021 | Health | 0.01% | 0 | 0 |
| 2021 | Life and Annuities | 0.00% | 1 | 9999 |
| 2021 | Long-Term Care Insurance | 0.32% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 0.00% | 0 | 0 |
Company Changes
Effective Date: 07/16/2007
Comments: Columbia Universal Life Insurance Company changed its name to Life Secure Insurance Company and redomesticated from Texas to Michigan.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.