Company Details
Company Name:
COLONIAL PENN LIFE INSURANCE COMPANYLicense Status:
ActiveNAIC Number:
62065Company Address:
399 Market Street Philadelphia, PA 19181
Phone Number:
2159288000Mailing Address:
11299 Illinois Street, Suite 200 Carmel, IN 46032
Mailing Phone:
3178176485Description:
Life and Health (Ch 376 & 377, RSMo)License Number:
A420668Date Admitted:
1968-08-30Market 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 | 0.04% | $6,895,673 | $6,937,492 | $0 | $5,932,579 | $5,946,599 | $0 | 100.24% |
| 2025 | Total Individual Accident & Health | 0.08% | $6,895,370 | $6,937,090 | $0 | $5,932,579 | $5,946,759 | $0 | 100.24% |
| 2025 | Individual Medicare Supplement | 1.13% | $6,895,370 | $6,937,090 | $0 | $5,932,579 | $5,946,759 | $0 | 100.24% |
| 2025 | Total Group Accident & Health | 0% | $303 | $402 | $0 | $0 | $-160 | $0 | 0% |
| 2025 | Group Limited Benefit | 0% | $303 | $402 | $0 | $0 | $-160 | $0 | 0% |
| 2025 | Total Life & Annuities | 0.04% | $6,607,845 | $0 | $0 | $3,787,378 | $0 | $69,304,496 | 0% |
| 2025 | Total Individual Life | 0.08% | $3,325,410 | $0 | $0 | $1,564,612 | $0 | $27,596,151 | 0% |
| 2025 | Individual Whole Life | 0.36% | $3,309,966 | $0 | $0 | $1,539,612 | $0 | $26,436,539 | 0% |
| 2025 | Individual Term Life | 0% | $15,444 | $0 | $0 | $25,000 | $0 | $748,000 | 0% |
| 2025 | Individual Universal Life | 0% | $0 | $0 | $0 | $0 | $0 | $411,612 | 0% |
| 2025 | Total Individual Annuities | 0% | $0 | $0 | $0 | $36,000 | $0 | $320,623 | 0% |
| 2025 | Individual Life Contingencies | 0% | $0 | $0 | $0 | $36,000 | $0 | $320,623 | 0% |
| 2025 | Total Individual Life & Annuities | 0.02% | $3,325,410 | $0 | $0 | $1,600,612 | $0 | $27,916,774 | 0% |
| 2025 | Total Group Life | 0.22% | $3,282,435 | $0 | $0 | $2,186,142 | $0 | $41,384,572 | 0% |
| 2025 | Group Whole Life | 4.96% | $2,887,889 | $0 | $0 | $1,882,560 | $0 | $32,368,032 | 0% |
| 2025 | Group Term Life | 0.06% | $394,546 | $0 | $0 | $303,582 | $0 | $9,016,540 | 0% |
| 2025 | Total Group Annuities | 0% | $0 | $0 | $0 | $624 | $0 | $3,150 | 0% |
| 2025 | Group Life Contingencies | 0% | $0 | $0 | $0 | $624 | $0 | $3,150 | 0% |
| 2025 | Total Group Life & Annuities | 0.1% | $3,282,435 | $0 | $0 | $2,186,766 | $0 | $41,387,722 | 0% |
| 2024 | Total Accident & Health | 0.05% | $7,606,951 | $7,534,742 | $0 | $5,867,239 | $5,756,037 | $0 | 98.1% |
| 2024 | Total Individual Accident & Health | 0.11% | $7,606,547 | $7,534,338 | $0 | $5,867,239 | $5,756,030 | $0 | 98.1% |
| 2024 | Individual Medicare Supplement | 1.34% | $7,606,547 | $7,534,338 | $0 | $5,867,239 | $5,756,030 | $0 | 98.1% |
| 2024 | Total Group Accident & Health | 0% | $404 | $404 | $0 | $0 | $7 | $0 | 0% |
| 2024 | Group Limited Benefit | 0% | $404 | $404 | $0 | $0 | $7 | $0 | 0% |
| 2024 | Total Life & Annuities | 0.04% | $6,549,650 | $0 | $0 | $3,848,358 | $0 | $69,905,473 | 0% |
| 2024 | Total Individual Life | 0.07% | $3,165,314 | $0 | $0 | $1,341,896 | $0 | $25,909,313 | 0% |
| 2024 | Individual Whole Life | 0.35% | $3,147,793 | $0 | $0 | $1,321,399 | $0 | $24,794,324 | 0% |
| 2024 | Individual Term Life | 0% | $17,521 | $0 | $0 | $20,497 | $0 | $703,000 | 0% |
| 2024 | Individual Universal Life | 0% | $0 | $0 | $0 | $0 | $0 | $411,989 | 0% |
| 2024 | Total Individual Annuities | 0% | $0 | $0 | $0 | $36,000 | $0 | $329,110 | 0% |
| 2024 | Individual Life Contingencies | 0% | $0 | $0 | $0 | $36,000 | $0 | $329,110 | 0% |
| 2024 | Total Individual Life & Annuities | 0.02% | $3,165,314 | $0 | $0 | $1,377,896 | $0 | $26,238,423 | 0% |
| 2024 | Total Group Life | 0.23% | $3,384,336 | $0 | $0 | $2,469,289 | $0 | $43,663,714 | 0% |
| 2024 | Group Whole Life | 4.56% | $2,955,468 | $0 | $0 | $1,999,565 | $0 | $33,370,174 | 0% |
| 2024 | Group Term Life | 0.07% | $428,868 | $0 | $0 | $469,724 | $0 | $10,293,540 | 0% |
| 2024 | Total Group Annuities | 0% | $0 | $0 | $0 | $1,173 | $0 | $3,336 | 0% |
| 2024 | Group Life Contingencies | 0% | $0 | $0 | $0 | $1,173 | $0 | $3,336 | 0% |
| 2024 | Total Group Life & Annuities | 0.1% | $3,384,336 | $0 | $0 | $2,470,462 | $0 | $43,667,050 | 0% |
| 2023 | Total Accident & Health | 0.06% | $8,421,428 | $8,631,400 | $0 | $6,651,059 | $6,417,433 | $0 | 96.49% |
| 2023 | Total Individual Accident & Health | 0.16% | $8,420,883 | $8,630,839 | $0 | $6,651,059 | $6,418,031 | $0 | 96.5% |
| 2023 | Individual Medicare Supplement | 1.58% | $8,420,883 | $8,630,839 | $0 | $6,651,059 | $6,418,031 | $0 | 96.5% |
| 2023 | Total Group Accident & Health | 0% | $545 | $561 | $0 | $0 | $-598 | $0 | 0% |
| 2023 | Group Specified Disease | 0% | $141 | $157 | $0 | $0 | $-630 | $0 | 0% |
| 2023 | Group Limited Benefit | 0% | $404 | $404 | $0 | $0 | $32 | $0 | 0% |
| 2023 | Total Life | 0.05% | $6,431,340 | $0 | $0 | $3,211,536 | $0 | $68,750,678 | 0% |
| 2023 | Total Individual Life | 0.03% | $2,959,653 | $0 | $0 | $1,181,860 | $0 | $23,600,621 | 0% |
| 2023 | Individual Whole Life | 0.03% | $221,667 | $0 | $0 | $117,404 | $0 | $4,268,746 | 0% |
| 2023 | Individual Term Life | 0% | $19,666 | $0 | $0 | $35,000 | $0 | $903,000 | 0% |
| 2023 | Individual Universal Life | 0% | $0 | $0 | $0 | $0 | $0 | $412,307 | 0% |
| 2023 | Individual Graded Death Benefits | 15.54% | $2,718,320 | $0 | $0 | $993,456 | $0 | $18,016,568 | 0% |
| 2023 | Individual Ordinary Annuities | 0% | $0 | $0 | $0 | $36,000 | $0 | $0 | 0% |
| 2023 | Total Group Life | 0.1% | $3,471,687 | $0 | $0 | $2,029,676 | $0 | $45,150,057 | 0% |
| 2023 | Group Whole Life | 0.73% | $432,467 | $0 | $0 | $210,088 | $0 | $9,862,300 | 0% |
| 2023 | Group Term Life | 0.08% | $458,671 | $0 | $0 | $310,625 | $0 | $11,456,540 | 0% |
| 2023 | Group Graded Death Benefits | 64.07% | $2,580,549 | $0 | $0 | $1,507,607 | $0 | $23,831,217 | 0% |
| 2023 | Group Ordinary Annuities | 0% | $0 | $0 | $0 | $1,356 | $0 | $0 | 0% |
| 2022 | Total Accident & Health | 0.08% | $10,065,022 | $10,231,042 | $0 | $7,259,531 | $7,123,783 | $0 | 98.13% |
| 2022 | Total Individual Accident & Health | 0.21% | $10,064,055 | $10,230,007 | $0 | $7,259,531 | $7,123,932 | $0 | 98.13% |
| 2022 | Individual Medicare Supplement | 1.88% | $10,064,055 | $10,230,007 | $0 | $7,259,531 | $7,123,932 | $0 | 98.13% |
| 2022 | Total Group Accident & Health | 0% | $967 | $1,035 | $0 | $0 | $-149 | $0 | 0% |
| 2022 | Group Specified Disease | 0% | $563 | $631 | $0 | $0 | $-151 | $0 | 0% |
| 2022 | Group Limited Benefit | 0% | $404 | $404 | $0 | $0 | $2 | $0 | 0% |
| 2022 | Total Life | 0.04% | $6,168,210 | $0 | $0 | $3,590,446 | $0 | $66,776 | 0% |
| 2022 | Total Individual Life | 0.03% | $2,633,640 | $0 | $0 | $1,282,138 | $0 | $20,188 | 0% |
| 2022 | Individual Whole Life | 0.02% | $214,310 | $0 | $0 | $176,280 | $0 | $4,275 | 0% |
| 2022 | Individual Term Life | 0% | $20,707 | $0 | $0 | $30,258 | $0 | $973 | 0% |
| 2022 | Individual Universal Life | 0% | $0 | $0 | $0 | $0 | $0 | $413 | 0% |
| 2022 | Individual Graded Death Benefits | 10.23% | $2,398,623 | $0 | $0 | $1,039,600 | $0 | $14,527 | 0% |
| 2022 | Individual Ordinary Annuities | 0% | $0 | $0 | $0 | $36,000 | $0 | $0 | 0% |
| 2022 | Total Group Life | 0.08% | $3,534,570 | $0 | $0 | $2,308,308 | $0 | $46,588 | 0% |
| 2022 | Group Whole Life | 1.1% | $452,384 | $0 | $0 | $240,809 | $0 | $10,365 | 0% |
| 2022 | Group Term Life | 0.09% | $481,722 | $0 | $0 | $300,875 | $0 | $12,435 | 0% |
| 2022 | Group Graded Death Benefits | 62.82% | $2,600,464 | $0 | $0 | $1,765,268 | $0 | $23,788 | 0% |
| 2022 | Group Ordinary Annuities | 0% | $0 | $0 | $0 | $1,356 | $0 | $0 | 0% |
| 2021 | Total Accident & Health | 0.1% | $11,893,542 | $11,999,638 | $0 | $7,893,267 | $7,912,292 | $0 | 100.24% |
| 2021 | Total Individual Accident & Health | 0.26% | $11,892,107 | $11,998,200 | $0 | $7,893,267 | $7,912,848 | $0 | 100.25% |
| 2021 | Individual Medicare Supplement | 2.04% | $11,892,107 | $11,998,200 | $0 | $7,893,267 | $7,912,848 | $0 | 100.25% |
| 2021 | Total Group Accident & Health | 0% | $1,435 | $1,438 | $0 | $0 | $-556 | $0 | 0% |
| 2021 | Group Specified Disease | 0% | $911 | $908 | $0 | $0 | $-222 | $0 | 0% |
| 2021 | Group Limited Benefit | 0% | $524 | $530 | $0 | $0 | $-334 | $0 | 0% |
| 2021 | Total Life | 0.05% | $5,850,362 | $0 | $0 | $3,765,710 | $0 | $65,658 | 0% |
| 2021 | Total Individual Life | 0.03% | $2,226,145 | $0 | $0 | $978,216 | $0 | $17,373 | 0% |
| 2021 | Individual Whole Life | 0.02% | $181,290 | $0 | $0 | $190,817 | $0 | $3,758 | 0% |
| 2021 | Individual Term Life | 0% | $21,737 | $0 | $0 | $40,000 | $0 | $1,178 | 0% |
| 2021 | Individual Universal Life | 0% | $0 | $0 | $0 | $0 | $0 | $413 | 0% |
| 2021 | Individual Graded Death Benefits | 9.33% | $2,023,118 | $0 | $0 | $711,399 | $0 | $12,024 | 0% |
| 2021 | Individual Ordinary Annuities | 0% | $0 | $0 | $0 | $36,000 | $0 | $0 | 0% |
| 2021 | Total Group Life | 0.08% | $3,624,217 | $0 | $0 | $2,787,494 | $0 | $48,285 | 0% |
| 2021 | Group Whole Life | 1.08% | $494,454 | $0 | $0 | $244,203 | $0 | $10,813 | 0% |
| 2021 | Group Term Life | 0.09% | $518,079 | $0 | $0 | $520,280 | $0 | $13,776 | 0% |
| 2021 | Group Graded Death Benefits | 58.91% | $2,611,684 | $0 | $0 | $2,021,655 | $0 | $23,696 | 0% |
| 2021 | Group Ordinary Annuities | 0% | $0 | $0 | $0 | $1,356 | $0 | $0 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2025 | Health | 0.54% | 1 | 8 |
| 2025 | Life and Annuities | 0% | 4 | 0 |
| 2025 | Medicare Supplement Insurance | 0% | 1 | 0 |
| 2024 | Health | 0.48% | 3 | 30 |
| 2024 | Life and Annuities | 0.05% | 7 | 1922 |
| 2024 | Medicare Supplement Insurance | 0% | 3 | 0 |
| 2023 | Health | 0.1% | 4 | 181 |
| 2023 | Life and Annuities | 0.06% | 9 | 2177 |
| 2023 | Medicare Supplement Insurance | 1.26% | 4 | 417 |
| 2022 | Health | 0.14% | 5 | 166 |
| 2022 | Life and Annuities | 0.06% | 8 | 1943 |
| 2022 | Medicare Supplement Insurance | 0.92% | 5 | 736 |
| 2021 | Health | 0.15% | 5 | 137 |
| 2021 | Life and Annuities | 0.06% | 4 | 903 |
| 2021 | Medicare Supplement Insurance | 1.04% | 5 | 600 |
Company Changes
Date:
2002-10-01Comments:
Conseco Direct Life Insurance Co. changed its name to Colonial Penn Life Insurance Co.Market Regulation Actions
Date:
2021-11-29Financial Exams
This company does not have any financial exams.