Company Details

  PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY License Status :
Active

NAIC Number :

68195


Phone Number:

423-294-1882


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
2020 Total Accident & Health 0.02% $10,407,296 $10,633,962 $7,594,198 $6,812,114 64.06 %
2020 Total Individual Accident & Health 0.05% $10,392,393 $10,619,005 $7,241,745 $6,635,913 62.49 %
2020 Individual Long Term Care 0.09% $462,859 $479,480 $155,770 $207,290 43.23 %
2020 Individual Specified Disease 0.03% $231,137 $226,616 $127,151 $134,156 59.20 %
2020 Individual Accident Only 0.11% $288,006 $275,132 $26,098 $23,975 8.71 %
2020 Individual Disability Income 4.05% $9,408,930 $9,636,402 $6,932,726 $6,270,492 65.07 %
2020 Individual Limited Benefit 0.00% $1,461 $1,375 $0 $0 0.00 %
2020 Total Group Accident & Health 0.00% $14,903 $14,957 $352,453 $176,201 N/A
2020 Group Long Term Care 0.01% $14,506 $14,506 $201,864 $137,457 N/A
2020 Group Specified Disease 0.00% $63 $62 $5,907 $5,776 N/A
2020 Group Disability Income 0.00% $334 $389 $144,682 $32,968 N/A
2020 Total Life 0.02% $6,415,829 $0 $4,768,153 $0 N/A
2020 Total Individual Life 0.03% $6,392,523 $0 $2,065,133 $0 N/A
2020 Individual Whole Life 0.29% $4,115,806 $0 $1,478,677 $0 N/A
2020 Individual Term Life 0.00% $35,687 $0 $0 $0 N/A
2020 Individual Universal Life 0.13% $2,241,030 $0 $586,414 $0 N/A
2020 Individual Ordinary Annuities 0.00% $0 $0 $42 $0 N/A
2020 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2020 Total Group Life 0.00% $23,306 $0 $2,703,020 $0 N/A
2020 Group Term Life 0.00% $20,028 $0 $319,009 $0 N/A
2020 Group Universal Life 0.00% $3,278 $0 $0 $0 N/A
2020 Group Ordinary Annuities 0.00% $0 $0 $2,384,011 $0 N/A
2020 Group Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2019 Total Accident & Health 0.02% $12,772,990 $12,809,030 $8,199,158 $7,137,001 55.72 %
2019 Total Individual Accident & Health 0.06% $12,755,406 $12,792,088 $7,885,902 $6,940,479 54.26 %
2019 Individual Long Term Care 0.09% $457,704 $485,235 $116,453 $199,658 41.15 %
2019 Individual Specified Disease 0.12% $700,431 $692,264 $246,364 $230,581 33.31 %
2019 Individual Accident Only 0.30% $813,736 $776,180 $121,370 $108,704 14.00 %
2019 Individual Disability Income 4.31% $10,781,520 $10,836,351 $7,401,715 $6,401,536 59.07 %
2019 Individual Limited Benefit 0.00% $2,015 $2,058 $0 $0 0.00 %
2019 Total Group Accident & Health 0.00% $17,584 $16,942 $313,256 $196,522 N/A
2019 Group Long Term Care 0.01% $17,012 $17,011 $96,078 $124,556 N/A
2019 Group Specified Disease 0.00% $63 $62 $27,377 $25,775 N/A
2019 Group Disability Income 0.00% $509 $-131 $189,801 $46,191 -35,260.31 %
2019 Total Life 0.02% $7,065,433 $0 $41,390,675 $0 N/A
2019 Total Individual Life 0.04% $7,040,733 $0 $38,888,306 $0 N/A
2019 Individual Whole Life 0.47% $6,623,019 $0 $1,687,131 $0 N/A
2019 Individual Term Life 0.00% $37,114 $0 $83,999 $0 N/A
2019 Individual Universal Life 0.02% $380,600 $0 $37,117,124 $0 N/A
2019 Individual Ordinary Annuities 0.00% $0 $0 $52 $0 N/A
2019 Individual Deposit-Type Funds 0.00% $0 $0 $0 $0 N/A
2019 Total Group Life 0.00% $24,700 $0 $2,502,369 $0 N/A
2019 Group Term Life 0.00% $21,422 $0 $156,429 $0 N/A
2019 Group Universal Life 0.00% $3,278 $0 $0 $0 N/A
2019 Group Variable Life 0.00% $0 $0 $2,345,940 $0 N/A
2019 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
2021 Health 0.12% 2 60
2021 Life and Annuities 0.07% 0 0
2021 Long-Term Care Insurance 0.19% 0 0
2020 Health 0.14% 2 46
2020 Life and Annuities 0.08% 0 0
2020 Long-Term Care Insurance 0.20% 0 0
2019 Health 0.15% 0 0
2019 Life and Annuities 0.08% 0 0
2019 Long-Term Care Insurance 0.21% 0 0


Company Changes


Market Conduct

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


Financial Exams

This company does not have any financial exams.