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Company Details
PROTECTIVE LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
68136
Phone Number:
205-268-1000
Company Address:
PO BOX 2723
BIRMINGHAM, AL 35202-2723
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 |
|---|---|---|---|---|---|---|---|
| 2020 | Total Accident & Health | 0.00% | $189,245 | $189,507 | $267,743 | $240,421 | N/A |
| 2020 | Total Individual Accident & Health | 0.00% | $189,245 | $189,507 | $267,743 | $240,421 | N/A |
| 2020 | Individual Specified Disease | 0.03% | $188,794 | $188,106 | $267,743 | $240,465 | N/A |
| 2020 | Individual Disability Income | 0.00% | $746 | $746 | $0 | $0 | 0.00 % |
| 2020 | Individual Long Term Credit Disability | 12.50% | $-295 | $655 | $0 | $-44 | -6.72 % |
| 2020 | Total Life | 0.49% | $207,640,504 | $0 | $414,990,300 | $0 | N/A |
| 2020 | Total Individual Life | 0.97% | $207,391,196 | $0 | $396,566,935 | $0 | N/A |
| 2020 | Individual Whole Life | 0.08% | $1,168,039 | $0 | $234,846 | $0 | N/A |
| 2020 | Individual Term Life | 0.92% | $12,328,550 | $0 | $12,457,220 | $0 | N/A |
| 2020 | Individual Universal Life | 1.25% | $21,078,600 | $0 | $14,706,507 | $0 | N/A |
| 2020 | Individual Credit Life | -0.02% | $-270 | $0 | $0 | $0 | N/A |
| 2020 | Individual Variable Life | 0.66% | $3,074,417 | $0 | $1,362,484 | $0 | N/A |
| 2020 | Individual Ordinary Annuities | 0.38% | $8,798,377 | $0 | $8,056,036 | $0 | N/A |
| 2020 | Individual Variable Annuities | 1.39% | $134,128,699 | $0 | $343,277,491 | $0 | N/A |
| 2020 | Individual Modified Guaranteed Annuities | 0.00% | $0 | $0 | $11,141,983 | $0 | N/A |
| 2020 | Individual Equity Indexed Annuities | 0.57% | $24,214,642 | $0 | $5,330,368 | $0 | N/A |
| 2020 | Individual Deposit-Type Funds | 1.80% | $2,600,142 | $0 | $0 | $0 | N/A |
| 2020 | Total Group Life | 0.00% | $249,308 | $0 | $18,423,365 | $0 | N/A |
| 2020 | Group Whole Life | 0.00% | $2,023 | $0 | $0 | $0 | N/A |
| 2020 | Group Term Life | 0.02% | $234,427 | $0 | $195,000 | $0 | N/A |
| 2020 | Group Universal Life | 0.01% | $6,695 | $0 | $0 | $0 | N/A |
| 2020 | Group Variable Annuities | 0.00% | $6,163 | $0 | $0 | $0 | N/A |
| 2020 | Group Modified Guaranteed Annuities | 0.00% | $0 | $0 | $18,228,365 | $0 | N/A |
| 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 | 0.32% | $100,853,031 | $0 | $532,738,729 | $0 | N/A |
| 2019 | Total Individual Life | 0.51% | $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 | 0.92% | $11,835,175 | $0 | $12,481,501 | $0 | N/A |
| 2019 | Individual Universal Life | 1.39% | $22,287,096 | $0 | $14,340,310 | $0 | N/A |
| 2019 | Individual Credit Life | 0.06% | $854 | $0 | $1,146 | $0 | N/A |
| 2019 | Individual Variable Life | 0.64% | $3,532,090 | $0 | $2,967,056 | $0 | N/A |
| 2019 | Individual Ordinary Annuities | 0.74% | $17,667,323 | $0 | $8,819,863 | $0 | N/A |
| 2019 | Individual Variable Annuities | 0.47% | $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 | 0.16% | $8,619,567 | $0 | $8,374,086 | $0 | N/A |
| 2019 | Individual Deposit-Type Funds | 2.30% | $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 | 0.00% | $6,695 | $0 | $0 | $0 | N/A |
| 2019 | Group Modified Guaranteed Annuities | 0.00% | $0 | $0 | $28,265,089 | $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 |
|---|---|---|---|---|
| 2021 | Health | 0.00% | 0 | 0 |
| 2021 | Life and Annuities | 2.28% | 12 | 68 |
| 2020 | Health | 0.00% | 0 | 0 |
| 2020 | Life and Annuities | 1.47% | 11 | 92 |
| 2019 | Health | 0.00% | 0 | 0 |
| 2019 | Life and Annuities | 1.34% | 11 | 84 |
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.