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Company Details
5 STAR LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
77879
Phone Number:
7035494455
Company Address:
909 N. Washington Street
Alexandria, VA 22314
Description:
Life and Health
License Number:
A418965
Date Admitted:
1986-07-31
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 |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.00% | $227,203 | $205,084 | $103,301 | $113,301 | 55.25 % |
| 2023 | Total Group Accident & Health | 0.00% | $227,203 | $205,084 | $103,301 | $113,301 | 55.25 % |
| 2023 | Group Specified Disease | 0.02% | $10,104 | $173,472 | $0 | $10,000 | 5.76 % |
| 2023 | Group Accident Only | 0.02% | $24,918 | $22,492 | $1,400 | $1,400 | 6.22 % |
| 2023 | Group Limited Benefit | 0.06% | $192,181 | $9,120 | $101,901 | $101,901 | N/A |
| 2023 | Total Life | 0.03% | $3,500,232 | $0 | $69,588 | $0 | N/A |
| 2023 | Total Individual Life | 0.01% | $650,141 | $0 | $53,394 | $0 | N/A |
| 2023 | Individual Whole Life | 0.05% | $434,173 | $0 | $53,394 | $0 | N/A |
| 2023 | Individual Term Life | 0.04% | $214,930 | $0 | $0 | $0 | N/A |
| 2023 | Individual Universal Life | 0.00% | $1,038 | $0 | $0 | $0 | N/A |
| 2023 | Total Group Life | 0.08% | $2,850,091 | $0 | $16,194 | $0 | N/A |
| 2023 | Group Whole Life | 0.01% | $3,648 | $0 | $0 | $0 | N/A |
| 2023 | Group Term Life | 0.47% | $2,799,865 | $0 | $0 | $0 | N/A |
| 2023 | Group Universal Life | 0.10% | $46,578 | $0 | $16,194 | $0 | N/A |
| 2022 | Total Accident & Health | 0.00% | $214,174 | $222,360 | $73,608 | $73,608 | 33.10 % |
| 2022 | Total Group Accident & Health | 0.00% | $214,174 | $222,360 | $73,608 | $73,608 | 33.10 % |
| 2022 | Group Specified Disease | 0.02% | $11,433 | $11,870 | $0 | $0 | 0.00 % |
| 2022 | Group Accident Only | 0.02% | $27,887 | $28,953 | $0 | $0 | 0.00 % |
| 2022 | Group Limited Benefit | 0.06% | $174,854 | $181,537 | $73,608 | $73,608 | 40.55 % |
| 2022 | Total Life | 0.03% | $4,605,173 | $0 | $4,249,186 | $0 | N/A |
| 2022 | Total Individual Life | 0.01% | $716,416 | $0 | $495,905 | $0 | N/A |
| 2022 | Individual Whole Life | 0.06% | $479,649 | $0 | $465,905 | $0 | N/A |
| 2022 | Individual Term Life | 0.04% | $235,729 | $0 | $30,000 | $0 | N/A |
| 2022 | Individual Universal Life | 0.00% | $1,038 | $0 | $0 | $0 | N/A |
| 2022 | Total Group Life | 0.09% | $3,888,757 | $0 | $3,753,281 | $0 | N/A |
| 2022 | Group Whole Life | 0.01% | $3,184 | $0 | $0 | $0 | N/A |
| 2022 | Group Term Life | 0.70% | $3,845,431 | $0 | $3,500,927 | $0 | N/A |
| 2022 | Group Universal Life | 0.03% | $40,142 | $0 | $252,354 | $0 | N/A |
| 2021 | Total Accident & Health | 0.00% | $122,896 | $139,325 | $56,937 | $56,937 | 40.87 % |
| 2021 | Total Group Accident & Health | 0.00% | $122,896 | $139,325 | $56,937 | $56,937 | 40.87 % |
| 2021 | Group Specified Disease | 0.01% | $3,847 | $4,529 | $0 | $0 | 0.00 % |
| 2021 | Group Accident Only | 0.01% | $17,510 | $20,536 | $1,150 | $1,150 | 5.60 % |
| 2021 | Group Limited Benefit | 0.04% | $101,539 | $114,260 | $55,787 | $55,787 | 48.82 % |
| 2021 | Total Life | 0.03% | $3,436,542 | $0 | $3,388,225 | $0 | N/A |
| 2021 | Total Individual Life | 0.01% | $763,625 | $0 | $857,813 | $0 | N/A |
| 2021 | Individual Whole Life | 0.06% | $518,977 | $0 | $617,813 | $0 | N/A |
| 2021 | Individual Term Life | 0.04% | $243,610 | $0 | $240,000 | $0 | N/A |
| 2021 | Individual Universal Life | 0.00% | $1,038 | $0 | $0 | $0 | N/A |
| 2021 | Total Group Life | 0.06% | $2,672,917 | $0 | $2,530,412 | $0 | N/A |
| 2021 | Group Whole Life | 0.00% | $2,256 | $0 | $0 | $0 | N/A |
| 2021 | Group Term Life | 0.43% | $2,626,971 | $0 | $2,399,683 | $0 | N/A |
| 2021 | Group Universal Life | 0.12% | $43,690 | $0 | $130,729 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.00% | 0 | 0 |
| 2023 | Life and Annuities | 0.04% | 2 | 723 |
| 2022 | Health | 0.00% | 0 | 0 |
| 2022 | Life and Annuities | 0.04% | 0 | 0 |
| 2021 | Health | 0.00% | 0 | 0 |
| 2021 | Life and Annuities | 0.03% | 0 | 0 |
Company Changes
Effective Date: 03/01/2001
Comments: AFBA Life Insurance Co. changed its name to 5 Star Life Insurance Co. Acceptance Casualty Insurance Co. redomesticated from Texas to Nebraska.
Effective Date: 07/24/2018
Comments: Effective 7/24/2018 this company redomesticated from Louisiana to Nebraska.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.