Company Details
Company Name:
FREEDOM LIFE INSURANCE COMPANY OF AMERICALicense Status:
ActiveNAIC Number:
62324Company Address:
9800 Health Care Lane Minnetonka, MN 55343
Phone Number:
9522515641Mailing Address:
300 Burnett Street, Suite 200 Fort Worth, TX 76102-2734
Mailing Phone:
9529361300Description:
Life and Health (Ch 376 & 377, RSMo)License Number:
A419800Date Admitted:
1971-12-20Market 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 Accident & Health | 0.25% | $42,294,943 | $42,258,746 | $0 | $15,675,380 | $15,643,561 | $0 | 99.8% |
| 2025 | Total Individual Accident & Health | 0.49% | $41,724,186 | $41,690,970 | $0 | $15,437,217 | $15,616,110 | $0 | 101.16% |
| 2025 | Individual Specified Disease | 11.64% | $12,651,725 | $12,672,462 | $0 | $5,404,696 | $5,467,328 | $0 | 101.16% |
| 2025 | Individual Accident Only | 3.79% | $3,389,680 | $3,392,272 | $0 | $752,939 | $761,664 | $0 | 101.16% |
| 2025 | Individual Dental | 4.93% | $3,054,283 | $3,050,726 | $0 | $1,515,122 | $1,532,680 | $0 | 101.16% |
| 2025 | Individual Limited Benefit | 17.58% | $22,628,498 | $22,575,510 | $0 | $7,764,460 | $7,854,438 | $0 | 101.16% |
| 2025 | Total Group Accident & Health | 0.01% | $570,757 | $567,776 | $0 | $238,163 | $27,451 | $0 | 11.53% |
| 2025 | Group Comprehensive Medical Expenses - Association | 7.58% | $9,923 | $9,923 | $0 | $8,445 | $973 | $0 | 11.52% |
| 2025 | Group Specified Disease | 0.49% | $300,244 | $299,267 | $0 | $83,217 | $9,592 | $0 | 11.53% |
| 2025 | Group Accident Only | 0.04% | $63,638 | $63,445 | $0 | $18,034 | $2,079 | $0 | 11.53% |
| 2025 | Group Dental | 0.01% | $21,614 | $21,468 | $0 | $16,389 | $1,889 | $0 | 11.53% |
| 2025 | Group Limited Benefit | 0.05% | $175,338 | $173,673 | $0 | $112,078 | $12,918 | $0 | 11.53% |
| 2025 | Total Life & Annuities | 0.02% | $4,014,296 | $0 | $0 | $134,924 | $0 | $352,899 | 0% |
| 2025 | Total Individual Life | 0.1% | $4,014,296 | $0 | $0 | $134,924 | $0 | $352,899 | 0% |
| 2025 | Individual Term Life | 0.66% | $4,014,296 | $0 | $0 | $134,924 | $0 | $352,899 | 0% |
| 2025 | Total Individual Life & Annuities | 0.03% | $4,014,296 | $0 | $0 | $134,924 | $0 | $352,899 | 0% |
| 2024 | Total Accident & Health | 0.25% | $39,257,609 | $39,203,721 | $0 | $17,848,922 | $17,848,920 | $0 | 100% |
| 2024 | Total Individual Accident & Health | 0.57% | $38,617,372 | $38,564,926 | $0 | $858,376 | $17,822,243 | $0 | 0% |
| 2024 | Individual Comprehensive Medical Expense | 0.01% | $239,805 | $239,805 | $0 | $22,338 | $463,797 | $0 | 0% |
| 2024 | Individual Specified Disease | 12.33% | $13,310,648 | $13,327,754 | $0 | $297,577 | $6,178,520 | $0 | 0% |
| 2024 | Individual Accident Only | 3.27% | $3,158,493 | $3,153,487 | $0 | $32,917 | $683,440 | $0 | 0% |
| 2024 | Individual Dental | 4.65% | $2,694,288 | $2,689,952 | $0 | $3,407 | $70,733 | $0 | 0% |
| 2024 | Individual Limited Benefit | 14.72% | $19,214,138 | $19,153,928 | $0 | $502,137 | $10,425,753 | $0 | 0% |
| 2024 | Total Group Accident & Health | 0.01% | $640,237 | $638,795 | $0 | $16,990,546 | $26,677 | $0 | 0.16% |
| 2024 | Group Comprehensive Medical Expenses - Association | 22.53% | $35,728 | $36,411 | $0 | $11,784 | $19 | $0 | 0.16% |
| 2024 | Group Specified Disease | 0.67% | $344,519 | $343,909 | $0 | $-162,255 | $-255 | $0 | 0.16% |
| 2024 | Group Accident Only | 0.05% | $66,008 | $65,752 | $0 | $5,069 | $8 | $0 | 0.16% |
| 2024 | Group Dental | 0.01% | $23,158 | $22,865 | $0 | $700 | $1 | $0 | 0.14% |
| 2024 | Group Limited Benefit | 0.05% | $170,824 | $169,858 | $0 | $17,135,248 | $26,904 | $0 | 0.16% |
| 2024 | Total Life & Annuities | 0.02% | $3,630,991 | $0 | $0 | $339,588 | $0 | $310,882 | 0% |
| 2024 | Total Individual Life | 0.08% | $3,630,991 | $0 | $0 | $339,588 | $0 | $310,882 | 0% |
| 2024 | Individual Term Life | 0.6% | $3,630,991 | $0 | $0 | $339,588 | $0 | $310,882 | 0% |
| 2024 | Total Individual Life & Annuities | 0.03% | $3,630,991 | $0 | $0 | $339,588 | $0 | $310,882 | 0% |
| 2023 | Total Accident & Health | 0.25% | $36,636,599 | $36,605,590 | $0 | $15,650,195 | $15,205,072 | $0 | 97.16% |
| 2023 | Total Individual Accident & Health | 0.7% | $36,059,788 | $36,032,271 | $0 | $15,350,219 | $14,916,132 | $0 | 97.17% |
| 2023 | Individual Comprehensive Medical Expense | 0.02% | $335,183 | $335,183 | $0 | $4,022,813 | $3,808,114 | $0 | 94.66% |
| 2023 | Individual Specified Disease | 14.06% | $14,748,304 | $14,797,657 | $0 | $4,456,899 | $3,999,646 | $0 | 89.74% |
| 2023 | Individual Accident Only | 3.83% | $3,085,420 | $3,088,507 | $0 | $794,732 | $421,862 | $0 | 53.08% |
| 2023 | Individual Dental | 4.61% | $2,426,371 | $2,423,519 | $0 | $995,003 | $1,006,927 | $0 | 101.2% |
| 2023 | Individual Limited Benefit | 13.7% | $15,464,510 | $15,387,405 | $0 | $5,080,772 | $5,679,583 | $0 | 111.79% |
| 2023 | Total Group Accident & Health | 0.01% | $576,811 | $573,319 | $0 | $299,976 | $288,940 | $0 | 96.32% |
| 2023 | Group Comprehensive Medical Expense - Association | 2.73% | $20,174 | $20,817 | $0 | $296 | $1,606 | $0 | 0% |
| 2023 | Group Specified Disease | 0.67% | $337,910 | $335,261 | $0 | $200,300 | $205,473 | $0 | 102.58% |
| 2023 | Group Accident Only | 0.05% | $66,512 | $66,212 | $0 | $45,012 | $40,623 | $0 | 90.25% |
| 2023 | Group Dental | 0.01% | $18,898 | $18,724 | $0 | $12,148 | $12,132 | $0 | 99.87% |
| 2023 | Group Limited Benefit | 0.04% | $133,317 | $132,305 | $0 | $42,220 | $29,106 | $0 | 68.94% |
| 2023 | Total Life | 0.03% | $3,390,995 | $0 | $0 | $547,292 | $0 | $310,882 | 0% |
| 2023 | Total Individual Life | 0.03% | $3,390,995 | $0 | $0 | $547,292 | $0 | $310,882 | 0% |
| 2023 | Individual Term Life | 0.57% | $3,390,995 | $0 | $0 | $547,292 | $0 | $310,882 | 0% |
| 2022 | Total Accident & Health | 0.25% | $32,602,115 | $32,469,302 | $0 | $14,722,040 | $17,255,768 | $0 | 117.21% |
| 2022 | Total Individual Accident & Health | 0.65% | $31,856,436 | $31,724,366 | $0 | $14,562,414 | $17,184,761 | $0 | 118.01% |
| 2022 | Individual Comprehensive Medical Expense | 0.02% | $396,610 | $396,610 | $0 | $4,673,619 | $5,515,227 | $0 | 118.01% |
| 2022 | Individual Specified Disease | 14.98% | $17,579,571 | $17,625,622 | $0 | $5,137,346 | $6,062,461 | $0 | 118.01% |
| 2022 | Individual Accident Only | 4.84% | $2,989,385 | $2,983,420 | $0 | $539,767 | $636,967 | $0 | 118.01% |
| 2022 | Individual Dental | 4.19% | $2,046,713 | $2,036,179 | $0 | $750,823 | $886,028 | $0 | 118.01% |
| 2022 | Individual Limited Benefit | 8.84% | $8,844,157 | $8,682,535 | $0 | $3,460,859 | $4,084,078 | $0 | 118.01% |
| 2022 | Total Group Accident & Health | 0.01% | $745,679 | $744,936 | $0 | $159,626 | $71,007 | $0 | 44.48% |
| 2022 | Group Comprehensive Medical Expense - Association | 2.74% | $31,877 | $33,061 | $0 | $43,102 | $19,173 | $0 | 44.48% |
| 2022 | Group Long Term Care | 1.24% | $446,334 | $445,698 | $0 | $51,147 | $22,752 | $0 | 44.48% |
| 2022 | Group Accident Only | 0.07% | $91,994 | $91,862 | $0 | $9,684 | $4,307 | $0 | 44.48% |
| 2022 | Group Dental | 0.01% | $31,069 | $31,017 | $0 | $8,162 | $3,631 | $0 | 44.49% |
| 2022 | Group Limited Benefit | 0.05% | $144,405 | $143,298 | $0 | $47,531 | $21,144 | $0 | 44.48% |
| 2022 | Total Life | 0.02% | $2,980,839 | $0 | $0 | $407,017 | $0 | $287,964 | 0% |
| 2022 | Total Individual Life | 0.03% | $2,980,839 | $0 | $0 | $407,017 | $0 | $287,964 | 0% |
| 2022 | Individual Term Life | 0.48% | $2,980,839 | $0 | $0 | $407,017 | $0 | $287,964 | 0% |
| 2021 | Total Accident & Health | 0.21% | $25,483,185 | $25,340,017 | $0 | $9,576,502 | $10,961,737 | $0 | 114.46% |
| 2021 | Total Individual Accident & Health | 0.55% | $24,753,207 | $24,610,960 | $0 | $9,198,814 | $10,530,803 | $0 | 114.48% |
| 2021 | Individual Comprehensive Medical Expense | 0.01% | $212,361 | $212,361 | $0 | $3,024,648 | $3,462,617 | $0 | 114.48% |
| 2021 | Individual Specified Disease | 16.94% | $17,470,411 | $17,406,677 | $0 | $3,788,316 | $4,336,864 | $0 | 114.48% |
| 2021 | Individual Accident Only | 4.05% | $2,530,001 | $2,516,227 | $0 | $373,947 | $428,094 | $0 | 114.48% |
| 2021 | Individual Dental | 3.16% | $1,475,314 | $1,463,995 | $0 | $547,179 | $626,410 | $0 | 114.48% |
| 2021 | Individual Limited Benefit | 4.51% | $3,065,120 | $3,011,700 | $0 | $1,464,724 | $1,676,818 | $0 | 114.48% |
| 2021 | Total Group Accident & Health | 0.01% | $729,978 | $729,057 | $0 | $377,688 | $430,934 | $0 | 114.1% |
| 2021 | Group Comprehensive Medical Expense - Association | 0.15% | $61,725 | $61,678 | $0 | $36,157 | $41,254 | $0 | 114.1% |
| 2021 | Group Specified Disease | 1.01% | $449,966 | $450,665 | $0 | $283,565 | $323,541 | $0 | 114.1% |
| 2021 | Group Accident Only | 0.07% | $87,324 | $87,569 | $0 | $18,672 | $21,304 | $0 | 114.1% |
| 2021 | Group Dental | 0.01% | $25,860 | $25,821 | $0 | $9,076 | $10,356 | $0 | 114.1% |
| 2021 | Group Limited Benefit | 0.04% | $105,103 | $103,324 | $0 | $30,218 | $34,479 | $0 | 114.1% |
| 2021 | Total Life | 0.02% | $2,388,047 | $0 | $0 | $67,345 | $0 | $231,278 | 0% |
| 2021 | Total Individual Life | 0.03% | $2,388,047 | $0 | $0 | $67,345 | $0 | $231,278 | 0% |
| 2021 | Individual Whole Life | 0.27% | $2,388,047 | $0 | $0 | $67,345 | $0 | $231,278 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2025 | Health | 0% | 20 | 0 |
| 2025 | Life and Annuities | 0% | 1 | 0 |
| 2024 | Health | 0% | 13 | 0 |
| 2024 | Life and Annuities | 0.03% | 0 | 0 |
| 2023 | Health | 0.27% | 6 | 103 |
| 2023 | Life and Annuities | 0.02% | 0 | 0 |
| 2023 | Long-Term Care Insurance | 0.06% | 0 | 0 |
| 2022 | Health | 0.3% | 6 | 90 |
| 2022 | Life and Annuities | 0.02% | 0 | 0 |
| 2022 | Long-Term Care Insurance | 0.06% | 0 | 0 |
| 2021 | Health | 0.23% | 5 | 89 |
| 2021 | Life and Annuities | 0.02% | 0 | 0 |
Company Changes
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Financial Exams
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