Company Details

  STATE FARM LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

69108


Phone Number:

8007828332


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
2022 Total Life 0.39% $156,095,017 $0 $147,019,938 $0 N/A
2022 Total Individual Life 0.61% $155,028,623 $0 $144,742,438 $0 N/A
2022 Individual Whole Life 2.99% $45,641,885 $0 $37,014,814 $0 N/A
2022 Individual Term Life 3.72% $55,150,479 $0 $32,484,645 $0 N/A
2022 Individual Universal Life 2.03% $36,731,279 $0 $39,360,014 $0 N/A
2022 Individual Variable Life 0.29% $1,408,750 $0 $2,594,213 $0 N/A
2022 Individual Ordinary Annuities 0.40% $15,706,835 $0 $31,218,803 $0 N/A
2022 Individual Variable Annuities 0.00% $389,357 $0 $2,069,949 $0 N/A
2022 Individual Deposit-Type Funds 0.00% $38 $0 $0 $0 N/A
2022 Total Group Life 0.01% $1,066,394 $0 $2,277,500 $0 N/A
2022 Group Term Life 0.07% $1,066,394 $0 $2,277,500 $0 N/A
2021 Total Life 0.40% $140,177,018 $0 $143,929,786 $0 N/A
2021 Total Individual Life 0.62% $139,137,972 $0 $141,948,286 $0 N/A
2021 Individual Whole Life 2.60% $44,011,581 $0 $39,668,431 $0 N/A
2021 Individual Term Life 3.87% $52,194,671 $0 $29,127,756 $0 N/A
2021 Individual Universal Life 2.05% $37,247,129 $0 $40,316,809 $0 N/A
2021 Individual Variable Life 0.29% $1,492,820 $0 $3,015,265 $0 N/A
2021 Individual Ordinary Annuities 0.13% $3,810,968 $0 $28,232,638 $0 N/A
2021 Individual Variable Annuities 0.00% $351,265 $0 $1,587,387 $0 N/A
2021 Individual Deposit-Type Funds 0.02% $29,538 $0 $0 $0 N/A
2021 Total Group Life 0.01% $1,039,046 $0 $1,981,500 $0 N/A
2021 Group Term Life 0.06% $1,039,046 $0 $1,981,500 $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 1.41% 9 88
2021 Life and Annuities 1.45% 11 98


Company Changes


Market Conduct

Date: 11/01/2017

SFLIC318.pdf


Financial Exams

This company does not have any financial exams.