ELIPS LIFE INSURANCE COMPANY

Company Details

License Status:
Inactive
NAIC Number:
85561
Phone Number:
8472731261
Company Address:

175 King St.
Armonk, NY 10504

Description:
Life and Health
License Number:
A424143
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 0.01% $1,708,675 $1,700,986 $1,725,352 $1,627,698 95.69%
2023 Total Individual Accident & Health 0.03% $1,708,675 $1,700,986 $1,725,352 $1,627,698 95.69%
2023 Individual Medicare Supplement 0.32% $1,707,766 $1,700,081 $1,512,623 $1,427,009 83.94%
2023 Individual Accident Only 0% $0 $0 $0 $0 0%
2023 Individual Disability Income 0% $909 $905 $212,729 $200,689 22,175.6%
2023 Total Life 0% $1,223 $0 $0 $0 0%
2023 Total Individual Life 0% $1,223 $0 $0 $0 0%
2023 Individual Term Life 0% $1,223 $0 $0 $0 0%
2022 Total Accident & Health 0% $222,656 $231,932 $340,615 $121,922 52.57%
2022 Total Individual Accident & Health 0% $221,465 $230,017 $89,403 $118,218 51.4%
2022 Individual Medicare Supplement 0.04% $221,465 $230,017 $89,403 $118,218 51.4%
2022 Total Group Accident & Health 0% $1,191 $1,915 $251,212 $3,704 193.42%
2022 Group Disability Income 0% $1,191 $1,915 $251,212 $3,704 193.42%
2022 Total Life 0% $957 $0 $0 $0 0%
2022 Total Individual Life 0% $957 $0 $0 $0 0%
2022 Individual Universal Life 0% $957 $0 $0 $0 0%
2021 Total Accident & Health 0% $171,351 $101,483 $439,244 $288,287 284.07%
2021 Total Group Accident & Health 0% $171,351 $101,483 $439,244 $288,287 284.07%
2021 Group Disability Income 0.05% $171,351 $101,483 $439,244 $288,287 284.07%
2021 Total Life 0% $44,388 $0 $50,085 $0 112.83%
2021 Total Individual Life 0% $398 $0 $85 $0 21.36%
2021 Individual Universal Life 0% $398 $0 $85 $0 21.36%
2021 Total Group Life 0% $43,990 $0 $50,000 $0 113.66%
2021 Group Universal Life 0.12% $43,990 $0 $50,000 $0 113.66%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2025 Health 0.11% 1 38
2025 Medicare Supplement Insurance 0% 1 0
2024 Health 0.1% 1 48
2024 Life and Annuities 0% 0 0
2024 Medicare Supplement Insurance 0% 1 0
2023 Health 0% 0 0
2023 Life and Annuities 0% 0 0
2023 Medicare Supplement Insurance 0.08% 0 0
2022 Health 0% 0 0
2022 Life and Annuities 0% 0 0
2022 Medicare Supplement Insurance 0.01% 0 0
2021 Health 0% 0 0
2021 Life and Annuities 0% 0 0

Company Changes

Effective Date:
Comments:

Effective 4/01/2026 the above Company’s Status was changed to Inactive following a merger with and into Wilcac Life Insurance Company, NAIC #62413

Market Regulation Actions

This company does not have any market regulation actions.

Financial Exams

This company does not have any financial exams.