Company Details

  PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY License Status :
Active

NAIC Number :

68195


Phone Number:

4232941011


Company Address:

1 FOUNTAIN SQUARE 
CHATTANOOGA, TN  37402-1330

Description:

Life and Health


License Number:

A422428


Date Admitted:

1917-01-02


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
2022 Total Accident & Health 0.01% $9,852,213 $9,916,894 $7,614,025 $6,454,762 65.09 %
2022 Total Individual Accident & Health 0.04% $9,841,292 $9,905,980 $7,399,029 $6,298,585 63.58 %
2022 Individual Long Term Care 0.08% $401,084 $420,814 $133,023 $239,023 56.80 %
2022 Individual Specified Disease 0.02% $175,766 $170,773 $62,957 $57,018 33.39 %
2022 Individual Accident Only 0.06% $193,006 $188,859 $9,825 $10,010 5.30 %
2022 Individual Disability Income 4.01% $9,069,966 $9,124,094 $7,193,224 $5,992,534 65.68 %
2022 Individual Limited Benefit 0.00% $1,470 $1,440 $0 $0 0.00 %
2022 Total Group Accident & Health 0.00% $10,921 $10,914 $214,996 $156,177 N/A
2022 Group Long Term Care 0.01% $10,631 $10,631 $108,386 $129,330 N/A
2022 Group Specified Disease 0.00% $63 $62 $2,638 $2,394 N/A
2022 Group Disability Income 0.00% $227 $221 $103,972 $24,453 N/A
2022 Total Life 0.02% $6,175,939 $0 $4,600,387 $0 N/A
2022 Total Individual Life 0.02% $6,154,911 $0 $2,251,156 $0 N/A
2022 Individual Whole Life 0.26% $3,922,321 $0 $1,571,055 $0 N/A
2022 Individual Term Life 0.00% $17,946 $0 $0 $0 N/A
2022 Individual Universal Life 0.12% $2,214,644 $0 $680,071 $0 N/A
2022 Individual Ordinary Annuities 0.00% $0 $0 $30 $0 N/A
2022 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2022 Total Group Life 0.00% $21,028 $0 $2,349,231 $0 N/A
2022 Group Term Life 0.00% $17,750 $0 $228,616 $0 N/A
2022 Group Universal Life 0.00% $3,278 $0 $0 $0 N/A
2022 Group Ordinary Annuities 0.00% $0 $0 $2,120,615 $0 N/A
2022 Group Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2021 Total Accident & Health 0.01% $10,266,917 $10,430,281 $6,808,468 $5,676,985 54.43 %
2021 Total Individual Accident & Health 0.04% $10,253,721 $10,417,145 $6,673,642 $5,635,877 54.10 %
2021 Individual Long Term Care 0.08% $442,782 $455,928 $142,808 $179,454 39.36 %
2021 Individual Specified Disease 0.03% $209,532 $207,319 $48,552 $53,700 25.90 %
2021 Individual Accident Only 0.08% $234,551 $228,071 $17,115 $15,746 6.90 %
2021 Individual Disability Income 3.98% $9,365,429 $9,524,382 $6,465,167 $5,386,977 56.56 %
2021 Individual Limited Benefit 0.00% $1,427 $1,445 $0 $0 0.00 %
2021 Total Group Accident & Health 0.00% $13,196 $13,136 $134,826 $41,108 N/A
2021 Group Long Term Care 0.01% $12,906 $12,906 $13,424 $17,110 N/A
2021 Group Specified Disease 0.00% $63 $63 $2,668 $2,609 N/A
2021 Group Disability Income 0.00% $227 $167 $118,734 $21,389 N/A
2021 Total Life 0.02% $6,393,784 $0 $4,953,681 $0 N/A
2021 Total Individual Life 0.03% $6,371,748 $0 $2,606,498 $0 N/A
2021 Individual Whole Life 0.24% $4,054,742 $0 $1,570,387 $0 N/A
2021 Individual Term Life 0.00% $28,220 $0 $0 $0 N/A
2021 Individual Universal Life 0.13% $2,288,786 $0 $1,036,058 $0 N/A
2021 Individual Ordinary Annuities 0.00% $0 $0 $53 $0 N/A
2021 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2021 Total Group Life 0.00% $22,036 $0 $2,347,183 $0 N/A
2021 Group Term Life 0.00% $18,758 $0 $130,849 $0 N/A
2021 Group Universal Life 0.00% $3,278 $0 $0 $0 N/A
2021 Group Ordinary Annuities 0.00% $0 $0 $2,216,334 $0 N/A
2021 Group Deposit-Type Funds 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
2022 Life and Annuities 0.06% 1 223
2022 Long-Term Care Insurance 0.18% 0 0
2022 Health 0.11% 2 75
2021 Health 0.11% 2 60
2021 Life and Annuities 0.07% 0 0
2021 Long-Term Care Insurance 0.19% 0 0


Company Changes

No recent changes


Market Conduct

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


Financial Exams

This company does not have any financial exams.