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 0.38% $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 1.55% $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 0.79% $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 2.44% $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 0.33% $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 1.31% $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 0.98% $16,123,035 $0 $863,143 $0 N/A
2018 Individual Variable Annuities 0.51% $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 1.06% $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 0.76% $165,942,165 $0 $420,326,203 $0 N/A
2017 Total Individual Life 1.21% $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 1.55% $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 2.19% $31,602,481 $0 $1,092 $0 N/A
2017 Individual Variable Annuities 1.00% $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 1.57% $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.

Link to Enforcements Page


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

A7308198_order.pdf

Date: 07/30/2019

PLICRSA719.pdf

Date: 05/05/2020

PLIC520.pdf


Financial Exams

This company does not have any financial exams.