Company Details

  STATE FARM LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

69108


Phone Number:

800-782-8332


Company Address:

ONE STATE FARM PLAZA 
BLOOMINGTON, IL  61710

Description:

Life and Health


License Number:

A418083


Date Admitted:

1929-05-24


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 Life 0.33% $136,747,792 $0 $146,501,895 $0 N/A
2020 Total Individual Life 0.66% $135,665,383 $0 $143,415,395 $0 N/A
2020 Individual Whole Life 2.96% $41,461,632 $0 $39,950,753 $0 N/A
2020 Individual Term Life 3.77% $49,141,989 $0 $28,702,068 $0 N/A
2020 Individual Universal Life 2.22% $37,427,478 $0 $37,626,933 $0 N/A
2020 Individual Variable Life 0.33% $1,519,856 $0 $2,662,917 $0 N/A
2020 Individual Ordinary Annuities 0.25% $5,651,614 $0 $32,646,409 $0 N/A
2020 Individual Variable Annuities 0.01% $462,814 $0 $1,826,315 $0 N/A
2020 Total Group Life 0.01% $1,082,409 $0 $3,086,500 $0 N/A
2020 Group Term Life 0.08% $1,082,409 $0 $3,086,500 $0 N/A
2019 Total Life 0.47% $143,333,931 $0 $123,110,544 $0 N/A
2019 Total Individual Life 0.78% $142,253,727 $0 $121,895,544 $0 N/A
2019 Individual Whole Life 2.86% $40,146,668 $0 $33,133,600 $0 N/A
2019 Individual Term Life 3.79% $46,950,937 $0 $18,883,626 $0 N/A
2019 Individual Universal Life 2.36% $37,717,410 $0 $39,505,943 $0 N/A
2019 Individual Variable Life 0.28% $1,537,405 $0 $1,689,526 $0 N/A
2019 Individual Ordinary Annuities 0.65% $15,363,292 $0 $26,706,267 $0 N/A
2019 Individual Variable Annuities 0.01% $405,097 $0 $1,976,582 $0 N/A
2019 Individual Deposit-Type Funds 0.08% $132,918 $0 $0 $0 N/A
2019 Total Group Life 0.01% $1,080,204 $0 $1,215,000 $0 N/A
2019 Group Term Life 0.08% $1,080,204 $0 $1,215,000 $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 Life and Annuities 1.45% 11 98
2020 Life and Annuities 1.51% 12 97
2019 Life and Annuities 1.53% 14 93


Company Changes


Market Conduct

Date: 11/01/2017

SFLIC318.pdf


Financial Exams

This company does not have any financial exams.