COLONIAL PENN LIFE INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
62065
Phone Number:
3178176485
Company Address:

11299 Illinois Street, Suite 200
Carmel, IN 46032

Description:
Life and Health
License Number:
A420668
Date Admitted:

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
2023 Total Accident & Health 0.06% $8,421,428 $8,631,400 $6,651,059 $6,417,433 74.35%
2023 Total Individual Accident & Health 0.16% $8,420,883 $8,630,839 $6,651,059 $6,418,031 74.36%
2023 Individual Medicare Supplement 1.58% $8,420,883 $8,630,839 $6,651,059 $6,418,031 74.36%
2023 Total Group Accident & Health 0% $545 $561 $0 $-598 -106.6%
2023 Group Specified Disease 0% $141 $157 $0 $-630 -401.27%
2023 Group Limited Benefit 0% $404 $404 $0 $32 7.92%
2023 Total Life 0.05% $6,431,340 $0 $3,211,536 $0 49.94%
2023 Total Individual Life 0.03% $2,959,653 $0 $1,181,860 $0 39.93%
2023 Individual Whole Life 0.03% $221,667 $0 $117,404 $0 52.96%
2023 Individual Term Life 0% $19,666 $0 $35,000 $0 177.97%
2023 Individual Universal Life 0% $0 $0 $0 $0 0%
2023 Individual Graded Death Benefits 15.54% $2,718,320 $0 $993,456 $0 36.55%
2023 Individual Ordinary Annuities 0% $0 $0 $36,000 $0 0%
2023 Total Group Life 0.1% $3,471,687 $0 $2,029,676 $0 58.46%
2023 Group Whole Life 0.73% $432,467 $0 $210,088 $0 48.58%
2023 Group Term Life 0.08% $458,671 $0 $310,625 $0 67.72%
2023 Group Graded Death Benefits 64.07% $2,580,549 $0 $1,507,607 $0 58.42%
2023 Group Ordinary Annuities 0% $0 $0 $1,356 $0 0%
2022 Total Accident & Health 0.08% $10,065,022 $10,231,042 $7,259,531 $7,123,783 69.63%
2022 Total Individual Accident & Health 0.21% $10,064,055 $10,230,007 $7,259,531 $7,123,932 69.64%
2022 Individual Medicare Supplement 1.88% $10,064,055 $10,230,007 $7,259,531 $7,123,932 69.64%
2022 Total Group Accident & Health 0% $967 $1,035 $0 $-149 -14.4%
2022 Group Specified Disease 0% $563 $631 $0 $-151 -23.93%
2022 Group Limited Benefit 0% $404 $404 $0 $2 0.5%
2022 Total Life 0.04% $6,168,210 $0 $3,590,446 $0 58.21%
2022 Total Individual Life 0.03% $2,633,640 $0 $1,282,138 $0 48.68%
2022 Individual Whole Life 0.02% $214,310 $0 $176,280 $0 82.25%
2022 Individual Term Life 0% $20,707 $0 $30,258 $0 146.12%
2022 Individual Universal Life 0% $0 $0 $0 $0 0%
2022 Individual Graded Death Benefits 10.23% $2,398,623 $0 $1,039,600 $0 43.34%
2022 Individual Ordinary Annuities 0% $0 $0 $36,000 $0 0%
2022 Total Group Life 0.08% $3,534,570 $0 $2,308,308 $0 65.31%
2022 Group Whole Life 1.1% $452,384 $0 $240,809 $0 53.23%
2022 Group Term Life 0.09% $481,722 $0 $300,875 $0 62.46%
2022 Group Graded Death Benefits 62.82% $2,600,464 $0 $1,765,268 $0 67.88%
2022 Group Ordinary Annuities 0% $0 $0 $1,356 $0 0%
2021 Total Accident & Health 0.1% $11,893,542 $11,999,638 $7,893,267 $7,912,292 65.94%
2021 Total Individual Accident & Health 0.26% $11,892,107 $11,998,200 $7,893,267 $7,912,848 65.95%
2021 Individual Medicare Supplement 2.04% $11,892,107 $11,998,200 $7,893,267 $7,912,848 65.95%
2021 Total Group Accident & Health 0% $1,435 $1,438 $0 $-556 -38.66%
2021 Group Specified Disease 0% $911 $908 $0 $-222 -24.45%
2021 Group Limited Benefit 0% $524 $530 $0 $-334 -63.02%
2021 Total Life 0.05% $5,850,362 $0 $3,765,710 $0 64.37%
2021 Total Individual Life 0.03% $2,226,145 $0 $978,216 $0 43.94%
2021 Individual Whole Life 0.02% $181,290 $0 $190,817 $0 105.26%
2021 Individual Term Life 0% $21,737 $0 $40,000 $0 184.02%
2021 Individual Universal Life 0% $0 $0 $0 $0 0%
2021 Individual Graded Death Benefits 9.33% $2,023,118 $0 $711,399 $0 35.16%
2021 Individual Ordinary Annuities 0% $0 $0 $36,000 $0 0%
2021 Total Group Life 0.08% $3,624,217 $0 $2,787,494 $0 76.91%
2021 Group Whole Life 1.08% $494,454 $0 $244,203 $0 49.39%
2021 Group Term Life 0.09% $518,079 $0 $520,280 $0 100.42%
2021 Group Graded Death Benefits 58.91% $2,611,684 $0 $2,021,655 $0 77.41%
2021 Group Ordinary Annuities 0% $0 $0 $1,356 $0 0%

Complaint Index

Link to Consumer Complaint Index Page
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 Life and Annuities 0.05% 7 1922
2024 Medicare Supplement Insurance 0% 3 0
2024 Health 0.48% 3 30
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

This company does not have any company changes.

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.