Company Details

  ABILITY INSURANCE COMPANY License Status :
Active

NAIC Number :

71471


Phone Number:

978-261-3070


Company Address:

5601 SOUTH 59TH STREET 
LINCOLN, NE  68516

Description:

Life and Health


License Number:

A421571


Date Admitted:

1970-04-21


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 0.00% $1,959,364 $2,029,437 $3,863,238 $2,492,258 N/A
2020 Total Individual Accident & Health 0.01% $1,959,364 $2,029,437 $3,863,238 $2,492,258 N/A
2020 Individual Long Term Care 0.39% $1,959,364 $2,029,437 $3,863,238 $2,492,258 N/A
2020 Total Life 0.00% $192 $0 $5,000 $0 N/A
2020 Total Individual Life 0.00% $192 $0 $5,000 $0 N/A
2020 Individual Whole Life 0.00% $192 $0 $5,000 $0 N/A
2019 Total Accident & Health 0.00% $2,198,122 $2,248,021 $4,393,909 $4,140,913 N/A
2019 Total Individual Accident & Health 0.01% $2,198,122 $2,248,021 $4,393,909 $4,140,913 N/A
2019 Individual Long Term Care 0.43% $2,198,122 $2,248,021 $4,393,909 $4,140,913 N/A
2019 Total Life 0.00% $192 $0 $15,001 $0 N/A
2019 Total Individual Life 0.00% $192 $0 $15,001 $0 N/A
2019 Individual Whole Life 0.00% $192 $0 $15,001 $0 N/A
2019 Individual Graded Death Benefits 0.00% $0 $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
2021 Health 0.02% 1 171
2021 Life and Annuities 0.00% 0 0
2021 Long-Term Care Insurance 0.80% 1 73
2020 Health 0.02% 2 260
2020 Life and Annuities 0.00% 0 0
2020 Long-Term Care Insurance 0.88% 2 123
2019 Health 0.03% 3 328
2019 Life and Annuities 0.00% 0 0
2019 Long-Term Care Insurance 0.94% 3 156


Company Changes

Effective Date: 08/27/2009

Comments: Medico Life Insurance Company changed its name to Ability Insurance Company.


Market Conduct

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


Financial Exams

This company does not have any financial exams.