Company Details

  PROTECTIVE LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

68136


Phone Number:

2052681000


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
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 0.02% $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 -0.31% $-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 0.22% $22 $22 $0 $0 0.00 %
2018 Total Life 0.17% $106,480,750 $0 $514,184,852 $0 N/A
2018 Total Individual Life 0.38% $106,228,483 $0 $468,068,731 $0 N/A
2018 Individual Whole Life 0.01% $350,863 $0 $2,159,950 $0 N/A
2018 Individual Term Life 0.84% $18,124,155 $0 $10,243,521 $0 N/A
2018 Individual Universal Life 0.69% $19,833,584 $0 $430,486,732 $0 N/A
2018 Individual Credit Life 0.08% $2,028 $0 $0 $0 N/A
2018 Individual Variable Life 0.55% $3,374,674 $0 $21,939,860 $0 N/A
2018 Individual Ordinary Annuities 0.51% $16,123,035 $0 $863,143 $0 N/A
2018 Individual Variable Annuities 0.27% $18,800,502 $0 $2,188,235 $0 N/A
2018 Individual Modified Guaranteed Annuities 0.60% $325,575 $0 $0 $0 N/A
2018 Individual Equity Indexed Annuities 0.31% $27,761,955 $0 $187,290 $0 N/A
2018 Individual Deposit-Type Funds 0.54% $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 0.01% $16,081 $0 $45,631,928 $0 N/A
2018 Group Term Life 0.01% $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 14.29% $-397 $6,972 $2,209 $-118 -1.69 %
2017 Total Life 0.79% $165,942,165 $0 $420,326,203 $0 N/A
2017 Total Individual Life 1.26% $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 1.29% $12,849,966 $0 $9,528,423 $0 N/A
2017 Individual Universal Life 1.64% $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 1.22% $3,831,215 $0 $18,397,767 $0 N/A
2017 Individual Ordinary Annuities 2.33% $31,602,481 $0 $1,092 $0 N/A
2017 Individual Variable Annuities 1.05% $36,540,663 $0 $1,849,497 $0 N/A
2017 Individual Modified Guaranteed Annuities 1.67% $367,044 $0 $728,437 $0 N/A
2017 Individual Equity Indexed Annuities 1.43% $53,958,147 $0 $158,298 $0 N/A
2017 Individual Deposit-Type Funds 1.61% $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 14.28% $241,096 $0 $61 $0 N/A
2016 Total Accident & Health 0.00% $167,904 $169,544 $236,292 $222,941 N/A
2016 Total Individual Accident & Health 0.00% $167,250 $168,890 $236,292 $222,941 N/A
2016 Individual Specified Disease 0.05% $147,353 $144,862 $225,938 $227,985 N/A
2016 Individual Disability Income 0.01% $13,841 $13,841 $3,105 $3,105 22.43 %
2016 Individual Long Term Credit Disability 14.29% $6,056 $10,187 $7,249 $-8,149 -79.99 %
2016 Total Group Accident & Health 0.00% $654 $654 $0 $0 0.00 %
2016 Group Disability Income 0.00% $654 $654 $0 $0 0.00 %
2016 Total Life 1.09% $249,677,773 $0 $338,599,598 $0 N/A
2016 Total Individual Life 1.65% $249,406,990 $0 $282,187,559 $0 N/A
2016 Individual Whole Life 0.04% $449,690 $0 $1,558,284 $0 N/A
2016 Individual Term Life 1.43% $13,921,387 $0 $9,934,980 $0 N/A
2016 Individual Universal Life 1.47% $21,121,229 $0 $253,040,576 $0 N/A
2016 Individual Credit Life 0.00% $28 $0 $168,151 $0 N/A
2016 Individual Variable Life 1.27% $3,904,246 $0 $14,067,955 $0 N/A
2016 Individual Ordinary Annuities 0.69% $10,049,066 $0 $976,226 $0 N/A
2016 Individual Variable Annuities 1.78% $94,563,394 $0 $2,231,628 $0 N/A
2016 Individual Modified Guaranteed Annuities 0.84% $233,228 $0 $22,657 $0 N/A
2016 Individual Equity Indexed Annuities 2.64% $103,434,525 $0 $187,102 $0 N/A
2016 Individual Deposit-Type Funds 1.07% $1,730,197 $0 $0 $0 N/A
2016 Total Group Life 0.00% $270,783 $0 $56,412,039 $0 N/A
2016 Group Whole Life 0.12% $270,783 $0 $56,411,855 $0 N/A
2016 Group Ordinary Annuities 0.00% $0 $0 $0 $0 N/A
2016 Group Equity Indexed Annuities 0.00% $0 $0 $184 $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
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
2016 Health 0.00% 0 0
2016 Life and Annuities 3.49% 9 22


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: 02/10/2006

Comments:

Effective Date: 07/01/2012

Comments: Effective 7/1/2012 United Investors Life Insurance Company merged with and into Protective Life Insurance Company.

Effective Date: 07/30/2019

Comments:


Market Conduct

Date: 02/10/2006

A7308198_order.pdf

Date: 07/30/2019

PLICRSA719.pdf


Financial Exams

This company does not have any financial exams.