Company Details

  CHESAPEAKE LIFE INSURANCE COMPANY THE License Status :
Active

NAIC Number :

61832


Phone Number:

8172553100


Company Address:

9800 Health Care Lane, MN006-W500 
Minnetonka, MN  55343

Description:

Life and Health


License Number:

A423462


Date Admitted:

1963-06-12


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 0.06% $8,248,729 $8,139,569 $2,917,993 $3,071,281 37.73 %
2023 Total Individual Accident & Health 0.16% $8,248,729 $8,139,569 $2,917,993 $3,071,281 37.73 %
2023 Individual Specified Disease 2.24% $2,345,676 $2,350,115 $966,250 $1,069,626 45.51 %
2023 Individual Accident Only 1.99% $1,601,247 $1,600,426 $285,463 $350,963 21.93 %
2023 Individual Disability Income 0.06% $64,163 $64,747 $5,158 $-27,295 -42.16 %
2023 Individual Dental 1.51% $793,946 $668,943 $347,958 $307,130 45.91 %
2023 Individual Limited Benefit 3.05% $3,443,697 $3,455,338 $1,313,164 $1,370,857 39.67 %
2023 Total Life 0.01% $1,118,778 $0 $682,115 $0 N/A
2023 Total Individual Life 0.01% $1,118,778 $0 $682,115 $0 N/A
2023 Individual Whole Life 0.03% $259,911 $0 $201,044 $0 N/A
2023 Individual Term Life 0.13% $755,752 $0 $436,071 $0 N/A
2023 Individual Universal Life 0.02% $102,997 $0 $45,000 $0 N/A
2023 Individual Ordinary Annuities 0.00% $118 $0 $0 $0 N/A
2022 Total Accident & Health 0.06% $7,685,966 $7,695,038 $2,550,628 $2,050,693 26.65 %
2022 Total Individual Accident & Health 0.16% $7,685,966 $7,695,038 $2,550,628 $2,050,693 26.65 %
2022 Individual Specified Disease 2.02% $2,375,423 $2,381,195 $805,750 $423,890 17.80 %
2022 Individual Accident Only 2.50% $1,546,476 $1,550,272 $256,780 $282,606 18.23 %
2022 Individual Disability Income 0.06% $63,698 $63,227 $22,915 $52,723 83.39 %
2022 Individual Dental 1.72% $775,265 $777,012 $337,539 $321,265 41.35 %
2022 Individual Limited Benefit 2.93% $2,925,104 $2,923,332 $1,127,644 $970,209 33.19 %
2022 Total Life 0.01% $1,037,097 $0 $651,835 $0 N/A
2022 Total Individual Life 0.01% $1,037,097 $0 $651,835 $0 N/A
2022 Individual Whole Life 0.04% $317,700 $0 $391,433 $0 N/A
2022 Individual Term Life 0.10% $614,448 $0 $150,000 $0 N/A
2022 Individual Universal Life 0.01% $104,831 $0 $110,402 $0 N/A
2022 Individual Ordinary Annuities 0.00% $118 $0 $0 $0 N/A
2021 Total Accident & Health 0.06% $7,414,500 $7,415,648 $2,316,610 $2,816,881 37.99 %
2021 Total Individual Accident & Health 0.16% $7,414,500 $7,415,648 $2,316,610 $2,816,881 37.99 %
2021 Individual Specified Disease 2.31% $2,387,947 $2,387,352 $844,000 $1,237,494 51.84 %
2021 Individual Accident Only 2.26% $1,412,126 $1,404,169 $172,415 $151,699 10.80 %
2021 Individual Disability Income 0.05% $61,598 $61,599 $23,146 $23,493 38.14 %
2021 Individual Dental 2.01% $939,172 $941,643 $442,966 $406,659 43.19 %
2021 Individual Limited Benefit 3.85% $2,613,657 $2,620,885 $834,083 $997,536 38.06 %
2021 Total Life 0.01% $852,115 $0 $972,341 $0 N/A
2021 Total Individual Life 0.01% $852,115 $0 $972,341 $0 N/A
2021 Individual Whole Life 0.04% $317,174 $0 $453,554 $0 N/A
2021 Individual Term Life 0.07% $423,217 $0 $424,787 $0 N/A
2021 Individual Universal Life 0.01% $111,358 $0 $94,000 $0 N/A
2021 Individual Ordinary Annuities 0.00% $366 $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
2023 Health 0.07% 6 395
2023 Life and Annuities 0.01% 3 4617
2022 Health 0.09% 7 371
2022 Life and Annuities 0.01% 1 1470
2021 Health 0.08% 5 253
2021 Life and Annuities 0.01% 0 0


Company Changes


Market Conduct

Date: 10/06/2015

CLI.pdf


Financial Exams

This company does not have any financial exams.