Company Details
Company Name:
MEDICO CORP LIFE INSURANCE COMPANYLicense Status:
ActiveNAIC Number:
79987Company Address:
601 Sixth Avenue Des Moines, IA 50309
Phone Number:
5156952402Mailing Address:
P.O. Box 10482 Des Moines, IA 50306-0482
Mailing Phone:
5156952402Description:
Life and Health (Ch 376 & 377, RSMo)License Number:
A423295Date Admitted:
2017-01-01Market 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 | 0.18% | $30,468,136 | $30,279,044 | $0 | $29,771,027 | $30,214,252 | $0 | 101.49% |
| 2025 | Total Individual Accident & Health | 0.36% | $30,468,136 | $30,279,044 | $0 | $29,771,027 | $30,214,252 | $0 | 101.49% |
| 2025 | Individual Medicare Supplement | 5% | $30,455,149 | $30,266,057 | $0 | $29,771,027 | $30,215,127 | $0 | 101.49% |
| 2025 | Individual Specified Disease | 0.01% | $11,662 | $11,662 | $0 | $0 | $-830 | $0 | 0% |
| 2025 | Individual Limited Benefit | 0% | $1,325 | $1,325 | $0 | $0 | $-45 | $0 | 0% |
| 2024 | Total Accident & Health | 0.17% | $26,431,827 | $26,378,699 | $0 | $25,301,766 | $25,352,218 | $0 | 100.2% |
| 2024 | Total Individual Accident & Health | 0.39% | $26,431,827 | $26,378,699 | $0 | $25,301,766 | $25,352,218 | $0 | 100.2% |
| 2024 | Individual Medicare Supplement | 4.65% | $26,419,224 | $26,365,754 | $0 | $25,298,966 | $25,350,214 | $0 | 100.2% |
| 2024 | Individual Specified Disease | 0.01% | $11,278 | $11,620 | $0 | $2,800 | $2,004 | $0 | 71.57% |
| 2024 | Individual Limited Benefit | 0% | $1,325 | $1,325 | $0 | $0 | $0 | $0 | 0% |
| 2023 | Total Accident & Health | 0.16% | $23,676,998 | $23,616,915 | $0 | $22,446,602 | $23,718,784 | $0 | 105.67% |
| 2023 | Total Individual Accident & Health | 0.46% | $23,676,998 | $23,616,915 | $0 | $22,446,602 | $23,718,784 | $0 | 105.67% |
| 2023 | Individual Medicare Supplement | 4.45% | $23,665,139 | $23,605,055 | $0 | $22,438,752 | $23,709,664 | $0 | 105.66% |
| 2023 | Individual Specified Disease | 0.01% | $10,534 | $10,535 | $0 | $7,850 | $9,050 | $0 | 115.29% |
| 2023 | Individual Limited Benefit | 0% | $1,325 | $1,325 | $0 | $0 | $70 | $0 | 0% |
| 2022 | Total Accident & Health | 0.09% | $12,193,952 | $12,198,740 | $0 | $9,436,113 | $9,578,786 | $0 | 101.51% |
| 2022 | Total Individual Accident & Health | 0.25% | $12,193,952 | $12,198,740 | $0 | $9,436,113 | $9,578,786 | $0 | 101.51% |
| 2022 | Individual Medicare Supplement | 2.28% | $12,183,951 | $12,188,433 | $0 | $9,435,413 | $9,578,128 | $0 | 101.51% |
| 2022 | Individual Specified Disease | 0.01% | $8,677 | $8,944 | $0 | $700 | $679 | $0 | 97% |
| 2022 | Individual Limited Benefit | 0% | $1,324 | $1,363 | $0 | $0 | $-21 | $0 | 0% |
| 2021 | Total Accident & Health | 0.01% | $740,825 | $742,599 | $0 | $412,173 | $413,981 | $0 | 100.44% |
| 2021 | Total Individual Accident & Health | 0.02% | $740,825 | $742,599 | $0 | $412,173 | $413,981 | $0 | 100.44% |
| 2021 | Individual Medicare Supplement | 0.13% | $752,336 | $756,509 | $0 | $411,473 | $413,439 | $0 | 100.48% |
| 2021 | Individual Specified Disease | -0.01% | $-12,815 | $-15,462 | $0 | $700 | $542 | $0 | 77.43% |
| 2021 | Individual Limited Benefit | 0% | $1,304 | $1,552 | $0 | $0 | $0 | $0 | 0% |
| 2021 | Total Life | 0% | $0 | $0 | $0 | $12,558 | $0 | $0 | 0% |
| 2021 | Total Individual Life | 0% | $0 | $0 | $0 | $12,558 | $0 | $0 | 0% |
| 2021 | Individual Ordinary Annuities | 0% | $0 | $0 | $0 | $12,558 | $0 | $0 | 0% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2025 | Health | 1.89% | 0 | 0 |
| 2024 | Health | 1.5% | 0 | 0 |
| 2023 | Health | 0.06% | 0 | 0 |
| 2023 | Medicare Supplement Insurance | 1.52% | 0 | 0 |
| 2022 | Health | 0.05% | 0 | 0 |
| 2022 | Medicare Supplement Insurance | 0.55% | 0 | 0 |
| 2021 | Health | 0% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 0.05% | 0 | 0 |
Company Changes
Date:
2006-04-01Comments:
Mid-South Insurance Company changed its name to World Corp Insurance Company.Date:
2014-02-07Comments:
Effective 2/7/2014 World Corp Insurance Company changed its name to MEDICO CORP LIFE INSURANCE COMPANYDate:
2017-01-01Comments:
Effective 1/1/2017 this company redomesticated from Nebraska to Iowa.Market Regulation Actions
This company does not have any market regulation actions.
Financial Exams
This company does not have any financial exams.