Company Details

  S USA LIFE INSURANCE COMPANY INC License Status :
Active

NAIC Number :

60183


Phone Number:

8777254375


Company Address:

P.O. BOX 1050 
NEWARK, NJ  07101-1050

Description:

Life and Health


License Number:

A420018


Date Admitted:

1997-09-26


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 Accident & Health 0.00% $549,445 $574,256 $216,700 $286,628 49.91 %
2022 Total Individual Accident & Health 0.00% $227,150 $227,629 $152,499 $152,400 66.95 %
2022 Individual Medicare Supplement 0.01% $227,150 $227,629 $152,499 $152,400 66.95 %
2022 Total Group Accident & Health 0.00% $322,295 $346,627 $64,201 $134,228 38.72 %
2022 Group Accident Only 0.08% $322,295 $346,627 $64,201 $134,228 38.72 %
2022 Total Life 0.03% $13,263,469 $0 $341,063 $0 N/A
2022 Total Individual Life 0.05% $13,262,879 $0 $341,063 $0 N/A
2022 Individual Whole Life 0.06% $980,023 $0 $30,797 $0 N/A
2022 Individual Term Life 0.01% $110,233 $0 $107,678 $0 N/A
2022 Individual Ordinary Annuities 0.31% $12,172,623 $0 $202,588 $0 N/A
2022 Total Group Life 0.00% $590 $0 $0 $0 N/A
2022 Group Term Life 0.00% $590 $0 $0 $0 N/A
2021 Total Accident & Health 0.00% $329,863 $343,576 $255,138 $264,818 77.08 %
2021 Total Individual Accident & Health 0.00% $264,746 $264,230 $245,338 $245,993 93.10 %
2021 Individual Medicare Supplement 0.01% $264,746 $264,230 $245,338 $245,993 93.10 %
2021 Total Group Accident & Health 0.00% $65,117 $79,346 $9,800 $18,825 23.73 %
2021 Group Accident Only 0.02% $65,117 $79,346 $9,800 $18,825 23.73 %
2021 Total Life 0.02% $7,055,257 $0 $142,347 $0 N/A
2021 Total Individual Life 0.03% $7,054,608 $0 $142,347 $0 N/A
2021 Individual Whole Life 0.04% $710,498 $0 $113,709 $0 N/A
2021 Individual Term Life 0.01% $70,923 $0 $400 $0 N/A
2021 Individual Ordinary Annuities 0.21% $6,273,187 $0 $28,238 $0 N/A
2021 Total Group Life 0.00% $649 $0 $0 $0 N/A
2021 Group Term Life 0.00% $649 $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
2022 Health 0.00% 0 0
2022 Life and Annuities 0.07% 2 369
2022 Medicare Supplement Insurance 0.03% 0 0
2021 Health 0.00% 0 0
2021 Life and Annuities 0.04% 0 0
2021 Medicare Supplement Insurance 0.03% 0 0


Company Changes

Effective Date: 12/01/2002

Comments: SBLI USA Financial Services changed its name to S. USA Life Insurance Co. Inc.


Market Conduct

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


Financial Exams

This company does not have any financial exams.