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Company Details
MADISON NATIONAL LIFE INSURANCE COMPANY INC License Status :
Active
NAIC Number :
65781
Phone Number:
6082382691
Company Address:
1 Horace Mann Plaza
Springfield, IL 62715
Description:
Life and Health
License Number:
A418932
Date Admitted:
1976-11-19
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 | 0.00% | $251,396 | $250,763 | $280,296 | $260,846 | N/A |
| 2022 | Total Individual Accident & Health | 0.00% | $1,152 | $1,132 | $0 | $14 | 1.24 % |
| 2022 | Individual Disability Income | 0.00% | $1,152 | $1,132 | $0 | $14 | 1.24 % |
| 2022 | Total Group Accident & Health | 0.00% | $250,244 | $249,631 | $280,296 | $260,832 | N/A |
| 2022 | Group Accident Only | 0.00% | $20,254 | $19,838 | $2,257 | $947 | 4.77 % |
| 2022 | Group Disability Income | 0.01% | $90,748 | $91,974 | $223,012 | $204,668 | N/A |
| 2022 | Group Dental | 0.01% | $86,896 | $86,481 | $38,869 | $39,108 | 45.22 % |
| 2022 | Group Limited Benefit | 0.01% | $52,346 | $51,338 | $16,158 | $16,109 | 31.38 % |
| 2022 | Total Life | 0.00% | $168,166 | $0 | $380,775 | $0 | N/A |
| 2022 | Total Individual Life | 0.00% | $154,772 | $0 | $336,492 | $0 | N/A |
| 2022 | Individual Whole Life | 0.00% | $74,151 | $0 | $119,698 | $0 | N/A |
| 2022 | Individual Term Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Individual Universal Life | 0.00% | $4,925 | $0 | $25,171 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.00% | $75,696 | $0 | $190,520 | $0 | N/A |
| 2022 | Individual Other Consideration | 0.00% | $0 | $0 | $1,103 | $0 | N/A |
| 2022 | Total Group Life | 0.00% | $13,394 | $0 | $44,283 | $0 | N/A |
| 2022 | Group Term Life | 0.00% | $13,394 | $0 | $44,283 | $0 | N/A |
| 2021 | Total Accident & Health | 0.00% | $286,849 | $283,385 | $306,562 | $106,793 | 37.68 % |
| 2021 | Total Individual Accident & Health | 0.00% | $1,024 | $1,035 | $0 | $-54 | -5.22 % |
| 2021 | Individual Disability Income | 0.00% | $1,024 | $1,035 | $0 | $-54 | -5.22 % |
| 2021 | Total Group Accident & Health | 0.00% | $285,825 | $282,350 | $306,562 | $106,847 | 37.84 % |
| 2021 | Group Disability Income | 0.00% | $27,572 | $27,689 | $10,881 | $5,097 | 18.41 % |
| 2021 | Group Dental | 0.01% | $108,282 | $106,817 | $210,463 | $20,801 | 19.47 % |
| 2021 | Group Limited Benefit | 0.01% | $92,074 | $90,862 | $39,019 | $37,895 | 41.71 % |
| 2021 | Group Short Term Credit Disability | 0.33% | $57,897 | $56,982 | $46,199 | $43,054 | 75.56 % |
| 2021 | Total Life | 0.00% | $190,356 | $0 | $252,475 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $182,553 | $0 | $227,475 | $0 | N/A |
| 2021 | Individual Whole Life | 0.00% | $84,247 | $0 | $98,231 | $0 | N/A |
| 2021 | Individual Term Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Individual Universal Life | 0.00% | $5,346 | $0 | $8,577 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.00% | $92,960 | $0 | $119,564 | $0 | N/A |
| 2021 | Individual Other Consideration | 0.00% | $0 | $0 | $1,103 | $0 | N/A |
| 2021 | Total Group Life | 0.00% | $7,803 | $0 | $25,000 | $0 | N/A |
| 2021 | Group Term Life | 0.00% | $7,803 | $0 | $25,000 | $0 | N/A |
| 2020 | Total Accident & Health | 0.00% | $383,332 | $381,292 | $409,626 | $672,959 | N/A |
| 2020 | Total Individual Accident & Health | 0.00% | $1,024 | $1,045 | $1,500 | $1,503 | N/A |
| 2020 | Individual Disability Income | 0.00% | $1,024 | $1,045 | $1,500 | $1,503 | N/A |
| 2020 | Total Group Accident & Health | 0.00% | $382,308 | $380,247 | $408,126 | $671,456 | N/A |
| 2020 | Group Accident Only | 0.01% | $37,400 | $37,202 | $20,651 | $19,603 | 52.69 % |
| 2020 | Group Disability Income | 0.02% | $155,734 | $155,597 | $318,838 | $579,370 | N/A |
| 2020 | Group Dental | 0.01% | $103,053 | $100,893 | $46,992 | $41,135 | 40.77 % |
| 2020 | Group Limited Benefit | 0.01% | $86,121 | $86,555 | $21,645 | $31,348 | 36.22 % |
| 2020 | Total Life | 0.00% | $252,860 | $0 | $366,838 | $0 | N/A |
| 2020 | Total Individual Life | 0.00% | $221,717 | $0 | $366,838 | $0 | N/A |
| 2020 | Individual Whole Life | 0.01% | $97,374 | $0 | $85,965 | $0 | N/A |
| 2020 | Individual Term Life | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2020 | Individual Universal Life | 0.00% | $11,132 | $0 | $51,975 | $0 | N/A |
| 2020 | Individual Ordinary Annuities | 0.00% | $113,211 | $0 | $226,059 | $0 | N/A |
| 2020 | Individual Other Consideration | 0.00% | $0 | $0 | $2,839 | $0 | N/A |
| 2020 | Total Group Life | 0.00% | $31,143 | $0 | $0 | $0 | N/A |
| 2020 | Group Term Life | 0.00% | $31,143 | $0 | $0 | $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 |
|---|---|---|---|---|
| 2022 | Health | 0.00% | 2 | 2486 |
| 2022 | Life and Annuities | 0.00% | 0 | 0 |
| 2021 | Health | 0.00% | 2 | 1843 |
| 2021 | Life and Annuities | 0.00% | 0 | 0 |
| 2020 | Health | 0.00% | 2 | 1392 |
| 2020 | Life and Annuities | 0.00% | 0 | 0 |
Company Changes
Market Conduct
Date: 09/17/2020
Financial Exams
This company does not have any financial exams.