Company Details
Company Name:
Merit Life Insurance Co.License Status:
ActiveNAIC Number:
65951Company Address:
1900 South Blvd, Suite 300 Charlotte, NC 28203
Phone Number:
8336374854Mailing Address:
1900 South Blvd, Suite 300 Charlotte, NC 28203
Mailing Phone:
8336374854Description:
Life and Health (Ch 376 & 377, RSMo)License Number:
A419750Date Admitted:
1963-09-05Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Dividends Paid | Direct Losses Paid | Direct Losses Incurred | In Force | Loss Ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | Total Life & Annuities | 0.03% | $4,507,982 | $0 | $0 | $7,000 | $0 | $4,504,129 | 0% |
| 2025 | Total Individual Life | 0% | $4,577 | $0 | $0 | $7,000 | $0 | $724 | 0% |
| 2025 | Individual Whole Life | 0% | $4,181 | $0 | $0 | $7,000 | $0 | $339 | 0% |
| 2025 | Individual Term Life | 0% | $396 | $0 | $0 | $0 | $0 | $385 | 0% |
| 2025 | Total Individual Annuities | 0.05% | $4,503,405 | $0 | $0 | $0 | $0 | $4,503,405 | 0% |
| 2025 | Individual Fixed Annuities | 0.15% | $4,503,405 | $0 | $0 | $0 | $0 | $4,503,405 | 0% |
| 2025 | Total Individual Life & Annuities | 0.03% | $4,507,982 | $0 | $0 | $7,000 | $0 | $4,504,129 | 0% |
| 2024 | Total Life & Annuities | 0% | $4,695 | $0 | $0 | $2,542 | $0 | $1,258 | 0% |
| 2024 | Total Individual Life | 0% | $4,697 | $0 | $0 | $2,542 | $0 | $1,258 | 0% |
| 2024 | Individual Whole Life | 0% | $4,249 | $0 | $0 | $0 | $0 | $358 | 0% |
| 2024 | Individual Term Life | 0% | $448 | $0 | $0 | $2,542 | $0 | $900 | 0% |
| 2024 | Total Individual Life & Annuities | 0% | $4,697 | $0 | $0 | $2,542 | $0 | $1,258 | 0% |
| 2024 | Total Group Life | 0% | $-2 | $0 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Group Credit Life | 0% | $-2 | $0 | $0 | $0 | $0 | $0 | 0% |
| 2024 | Total Group Life & Annuities | 0% | $-2 | $0 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Total Life | 0% | $4,971 | $0 | $0 | $24,582 | $0 | $1,722 | 0% |
| 2023 | Total Individual Life | 0% | $4,971 | $0 | $0 | $24,582 | $0 | $1,722 | 0% |
| 2023 | Individual Whole Life | 0% | $4,575 | $0 | $0 | $21,208 | $0 | $386 | 0% |
| 2023 | Individual Term Life | 0% | $396 | $0 | $0 | $3,374 | $0 | $1,336 | 0% |
| 2022 | Total Accident & Health | 0% | $0 | $56 | $0 | $0 | $-2,968 | $0 | 0% |
| 2022 | Total Group Accident & Health | 0% | $0 | $56 | $0 | $0 | $-2,968 | $0 | 0% |
| 2022 | Group Short Term Credit Disability | 0% | $0 | $56 | $0 | $0 | $-2,968 | $0 | 0% |
| 2022 | Total Life | 0% | $5,526 | $0 | $0 | $64,161 | $0 | $1,972 | 0% |
| 2022 | Total Individual Life | 0% | $6,039 | $0 | $0 | $60,417 | $0 | $1,948 | 0% |
| 2022 | Individual Term Life | 0% | $6,039 | $0 | $0 | $60,417 | $0 | $1,948 | 0% |
| 2022 | Total Group Life | 0% | $-513 | $0 | $0 | $3,744 | $0 | $24 | 0% |
| 2022 | Group Credit Life | -0.01% | $-513 | $0 | $0 | $3,744 | $0 | $24 | 0% |
| 2021 | Total Accident & Health | 0% | $-308 | $2,841 | $0 | $13,443 | $-3,914 | $0 | -29.12% |
| 2021 | Total Individual Accident & Health | 0% | $-135 | $-135 | $0 | $0 | $0 | $0 | 0% |
| 2021 | Individual Accident Only | 0% | $-135 | $-135 | $0 | $0 | $0 | $0 | 0% |
| 2021 | Total Group Accident & Health | 0% | $-173 | $2,976 | $0 | $13,443 | $-3,914 | $0 | -29.12% |
| 2021 | Group Short Term Credit Disability | 0% | $-173 | $2,976 | $0 | $13,443 | $-3,914 | $0 | -29.12% |
| 2021 | Total Life | 0% | $-4,650 | $0 | $0 | $55,573 | $0 | $2,118 | 0% |
| 2021 | Total Individual Life | 0% | $7,490 | $0 | $0 | $28,172 | $0 | $1,930 | 0% |
| 2021 | Individual Term Life | 0% | $7,490 | $0 | $0 | $28,172 | $0 | $1,930 | 0% |
| 2021 | Total Group Life | 0% | $-12,140 | $0 | $0 | $27,401 | $0 | $188 | 0% |
| 2021 | Group Credit Life | -0.11% | $-12,140 | $0 | $0 | $27,401 | $0 | $188 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2024 | Life and Annuities | 0% | 0 | 0 |
| 2023 | Life and Annuities | 0% | 0 | 0 |
Company Changes
Date:
2019-03-12Comments:
Effective 3/12/2019 the above company redomesticated from Indiana to Texas.Date:
2023-05-08Comments:
Effective 05/08/2023 the above company redomesticated from Texas to Oklahoma and was issued a new Certificate of Authority reflecting this change on 10/27/2023. They also updated their Statutory Home Office Address. Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.