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Company Details
PROTECTIVE LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
68136
Phone Number:
205-268-1000
Company Address:
P. O. BOX 2606
BIRMINGHAM, AL 35202
Description:
Life and Health
License Number:
A422427
Date Admitted:
1970-12-01
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 |
|---|---|---|---|---|---|---|---|
| 2019 | Total Accident & Health | 0.00% | $129,232 | $153,462 | $238,710 | $271,671 | N/A |
| 2019 | Total Individual Accident & Health | 0.00% | $129,188 | $153,418 | $238,710 | $271,671 | N/A |
| 2019 | Individual Specified Disease | 0.02% | $128,381 | $150,781 | $238,710 | $271,362 | N/A |
| 2019 | Individual Disability Income | 0.00% | $807 | $804 | $0 | $292 | 36.32 % |
| 2019 | Individual Long Term Credit Disability | nan% | $0 | $1,833 | $0 | $17 | 0.93 % |
| 2019 | Total Group Accident & Health | 0.00% | $44 | $44 | $0 | $0 | 0.00 % |
| 2019 | Group Disability Income | 0.00% | $44 | $44 | $0 | $0 | 0.00 % |
| 2019 | Total Life | 0.37% | $100,853,031 | $0 | $532,738,729 | $0 | N/A |
| 2019 | Total Individual Life | 0.62% | $100,606,100 | $0 | $504,138,890 | $0 | N/A |
| 2019 | Individual Whole Life | 0.05% | $701,868 | $0 | $299,462 | $0 | N/A |
| 2019 | Individual Term Life | 1.06% | $11,835,175 | $0 | $12,481,501 | $0 | N/A |
| 2019 | Individual Universal Life | 1.54% | $22,287,096 | $0 | $14,340,310 | $0 | N/A |
| 2019 | Individual Credit Life | 0.07% | $854 | $0 | $1,146 | $0 | N/A |
| 2019 | Individual Variable Life | 0.73% | $3,532,090 | $0 | $2,967,056 | $0 | N/A |
| 2019 | Individual Ordinary Annuities | 0.78% | $17,667,323 | $0 | $8,819,863 | $0 | N/A |
| 2019 | Individual Variable Annuities | 0.62% | $31,860,437 | $0 | $446,745,048 | $0 | N/A |
| 2019 | Individual Modified Guaranteed Annuities | 0.00% | $0 | $0 | $10,110,418 | $0 | N/A |
| 2019 | Individual Equity Indexed Annuities | 0.20% | $8,619,567 | $0 | $8,374,086 | $0 | N/A |
| 2019 | Individual Deposit-Type Funds | 2.41% | $4,101,690 | $0 | $0 | $0 | N/A |
| 2019 | Total Group Life | 0.00% | $246,931 | $0 | $28,599,839 | $0 | N/A |
| 2019 | Group Whole Life | 0.00% | $2,124 | $0 | $1,000 | $0 | N/A |
| 2019 | Group Term Life | 0.02% | $238,112 | $0 | $333,750 | $0 | N/A |
| 2019 | Group Universal Life | 0.01% | $6,695 | $0 | $0 | $0 | N/A |
| 2019 | Group Modified Guaranteed Annuities | 0.00% | $0 | $0 | $28,265,089 | $0 | N/A |
| 2018 | Total Accident & Health | 0.00% | $144,592 | $143,981 | $310,960 | $294,952 | N/A |
| 2018 | Total Individual Accident & Health | 0.00% | $144,570 | $143,959 | $310,960 | $294,952 | N/A |
| 2018 | Individual Specified Disease | 0.03% | $143,783 | $138,564 | $310,157 | $294,843 | N/A |
| 2018 | Individual Disability Income | 0.00% | $1,716 | $1,574 | $0 | $589 | 37.42 % |
| 2018 | Individual Long Term Credit Disability | -0.62% | $-929 | $3,821 | $803 | $-480 | -12.56 % |
| 2018 | Total Group Accident & Health | 0.00% | $22 | $22 | $0 | $0 | 0.00 % |
| 2018 | Group Long Term Credit Disability | 0.44% | $22 | $22 | $0 | $0 | 0.00 % |
| 2018 | Total Life | 0.32% | $106,480,750 | $0 | $514,184,852 | $0 | N/A |
| 2018 | Total Individual Life | 0.72% | $106,228,483 | $0 | $468,068,731 | $0 | N/A |
| 2018 | Individual Whole Life | 0.03% | $350,863 | $0 | $2,159,950 | $0 | N/A |
| 2018 | Individual Term Life | 1.62% | $18,124,155 | $0 | $10,243,521 | $0 | N/A |
| 2018 | Individual Universal Life | 1.30% | $19,833,584 | $0 | $430,486,732 | $0 | N/A |
| 2018 | Individual Credit Life | 0.17% | $2,028 | $0 | $0 | $0 | N/A |
| 2018 | Individual Variable Life | 0.97% | $3,374,674 | $0 | $21,939,860 | $0 | N/A |
| 2018 | Individual Ordinary Annuities | 0.96% | $16,123,035 | $0 | $863,143 | $0 | N/A |
| 2018 | Individual Variable Annuities | 0.50% | $18,800,502 | $0 | $2,188,235 | $0 | N/A |
| 2018 | Individual Modified Guaranteed Annuities | 1.18% | $325,575 | $0 | $0 | $0 | N/A |
| 2018 | Individual Equity Indexed Annuities | 0.62% | $27,761,955 | $0 | $187,290 | $0 | N/A |
| 2018 | Individual Deposit-Type Funds | 1.04% | $1,532,112 | $0 | $0 | $0 | N/A |
| 2018 | Total Group Life | 0.00% | $252,267 | $0 | $46,116,121 | $0 | N/A |
| 2018 | Group Whole Life | 0.02% | $16,081 | $0 | $45,631,928 | $0 | N/A |
| 2018 | Group Term Life | 0.02% | $236,186 | $0 | $484,193 | $0 | N/A |
| 2018 | Group Ordinary Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2017 | Total Accident & Health | 0.00% | $128,503 | $128,504 | $361,712 | $348,094 | N/A |
| 2017 | Total Individual Accident & Health | 0.00% | $128,503 | $128,504 | $361,712 | $348,094 | N/A |
| 2017 | Individual Specified Disease | 0.03% | $127,747 | $120,379 | $359,503 | $349,570 | N/A |
| 2017 | Individual Disability Income | 0.00% | $1,153 | $1,153 | $0 | $-1,358 | -117.78 % |
| 2017 | Individual Long Term Credit Disability | 12.50% | $-397 | $6,972 | $2,209 | $-118 | -1.69 % |
| 2017 | Total Life | 0.75% | $165,942,165 | $0 | $420,326,203 | $0 | N/A |
| 2017 | Total Individual Life | 1.20% | $165,441,615 | $0 | $392,498,369 | $0 | N/A |
| 2017 | Individual Whole Life | 0.08% | $951,475 | $0 | $7,564,160 | $0 | N/A |
| 2017 | Individual Term Life | 1.24% | $12,849,966 | $0 | $9,528,423 | $0 | N/A |
| 2017 | Individual Universal Life | 1.53% | $22,997,689 | $0 | $354,270,695 | $0 | N/A |
| 2017 | Individual Credit Life | 0.64% | $8,677 | $0 | $0 | $0 | N/A |
| 2017 | Individual Variable Life | 1.12% | $3,831,215 | $0 | $18,397,767 | $0 | N/A |
| 2017 | Individual Ordinary Annuities | 2.16% | $31,602,481 | $0 | $1,092 | $0 | N/A |
| 2017 | Individual Variable Annuities | 0.99% | $36,540,663 | $0 | $1,849,497 | $0 | N/A |
| 2017 | Individual Modified Guaranteed Annuities | 1.64% | $367,044 | $0 | $728,437 | $0 | N/A |
| 2017 | Individual Equity Indexed Annuities | 1.40% | $53,958,147 | $0 | $158,298 | $0 | N/A |
| 2017 | Individual Deposit-Type Funds | 1.52% | $2,334,258 | $0 | $0 | $0 | N/A |
| 2017 | Total Group Life | 0.01% | $500,550 | $0 | $27,827,834 | $0 | N/A |
| 2017 | Group Whole Life | 0.01% | $8,804 | $0 | $27,190,119 | $0 | N/A |
| 2017 | Group Term Life | 0.02% | $250,650 | $0 | $637,654 | $0 | N/A |
| 2017 | Group Ordinary Annuities | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2017 | Group Modified Guaranteed Annuities | 12.49% | $241,096 | $0 | $61 | $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 |
|---|---|---|---|---|
| 2019 | Health | 0.00% | 0 | 0 |
| 2019 | Life and Annuities | 1.33% | 11 | 84 |
| 2018 | Health | 0.00% | 0 | 0 |
| 2018 | Life and Annuities | 1.92% | 9 | 43 |
| 2017 | Health | 0.00% | 0 | 0 |
| 2017 | Life and Annuities | 2.87% | 9 | 27 |
Company Changes
Effective Date: 01/01/2007
Comments: Chase Life & Annuity Company merged with and into Protective Life Insurance Company.
Effective Date: 01/01/2004
Comments: First Variable Life Insurance Co. merged with and into Protective Life Insurance Co.
Effective Date: 07/01/2002
Comments: Inter-State Assurance Co. merged with and into Proptective Life Insurance Company.
Effective Date: 07/01/2012
Comments: Effective 7/1/2012 United Investors Life Insurance Company merged with and into Protective Life Insurance Company.
Market Conduct
Date: 02/10/2006
Date: 07/30/2019
Date: 05/05/2020
Financial Exams
This company does not have any financial exams.