FREEDOM LIFE INSURANCE COMPANY OF AMERICA

Company Details

License Status:
Active
NAIC Number:
62324
Phone Number:
9529361300
Company Address:

300 Burnett Street, Suite 200
Fort Worth, TX 76102-2734

Description:
Life and Health
License Number:
A419800
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 0.25% $36,636,599 $36,605,590 $15,650,195 $15,205,072 41.54%
2023 Total Individual Accident & Health 0.7% $36,059,788 $36,032,271 $15,350,219 $14,916,132 41.4%
2023 Individual Comprehensive Medical Expense 0.02% $335,183 $335,183 $4,022,813 $3,808,114 1,136.13%
2023 Individual Specified Disease 14.06% $14,748,304 $14,797,657 $4,456,899 $3,999,646 27.03%
2023 Individual Accident Only 3.83% $3,085,420 $3,088,507 $794,732 $421,862 13.66%
2023 Individual Dental 4.61% $2,426,371 $2,423,519 $995,003 $1,006,927 41.55%
2023 Individual Limited Benefit 13.7% $15,464,510 $15,387,405 $5,080,772 $5,679,583 36.91%
2023 Total Group Accident & Health 0.01% $576,811 $573,319 $299,976 $288,940 50.4%
2023 Group Comprehensive Medical Expense - Association 2.73% $20,174 $20,817 $296 $1,606 7.71%
2023 Group Specified Disease 0.67% $337,910 $335,261 $200,300 $205,473 61.29%
2023 Group Accident Only 0.05% $66,512 $66,212 $45,012 $40,623 61.35%
2023 Group Dental 0.01% $18,898 $18,724 $12,148 $12,132 64.79%
2023 Group Limited Benefit 0.04% $133,317 $132,305 $42,220 $29,106 22%
2023 Total Life 0.03% $3,390,995 $0 $547,292 $0 16.14%
2023 Total Individual Life 0.03% $3,390,995 $0 $547,292 $0 16.14%
2023 Individual Term Life 0.57% $3,390,995 $0 $547,292 $0 16.14%
2022 Total Accident & Health 0.25% $32,602,115 $32,469,302 $14,722,040 $17,255,768 53.14%
2022 Total Individual Accident & Health 0.65% $31,856,436 $31,724,366 $14,562,414 $17,184,761 54.17%
2022 Individual Comprehensive Medical Expense 0.02% $396,610 $396,610 $4,673,619 $5,515,227 1,390.59%
2022 Individual Specified Disease 14.98% $17,579,571 $17,625,622 $5,137,346 $6,062,461 34.4%
2022 Individual Accident Only 4.84% $2,989,385 $2,983,420 $539,767 $636,967 21.35%
2022 Individual Dental 4.19% $2,046,713 $2,036,179 $750,823 $886,028 43.51%
2022 Individual Limited Benefit 8.84% $8,844,157 $8,682,535 $3,460,859 $4,084,078 47.04%
2022 Total Group Accident & Health 0.01% $745,679 $744,936 $159,626 $71,007 9.53%
2022 Group Comprehensive Medical Expense - Association 2.74% $31,877 $33,061 $43,102 $19,173 57.99%
2022 Group Long Term Care 1.24% $446,334 $445,698 $51,147 $22,752 5.1%
2022 Group Accident Only 0.07% $91,994 $91,862 $9,684 $4,307 4.69%
2022 Group Dental 0.01% $31,069 $31,017 $8,162 $3,631 11.71%
2022 Group Limited Benefit 0.05% $144,405 $143,298 $47,531 $21,144 14.76%
2022 Total Life 0.02% $2,980,839 $0 $407,017 $0 13.65%
2022 Total Individual Life 0.03% $2,980,839 $0 $407,017 $0 13.65%
2022 Individual Term Life 0.48% $2,980,839 $0 $407,017 $0 13.65%
2021 Total Accident & Health 0.21% $25,483,185 $25,340,017 $9,576,502 $10,961,737 43.26%
2021 Total Individual Accident & Health 0.55% $24,753,207 $24,610,960 $9,198,814 $10,530,803 42.79%
2021 Individual Comprehensive Medical Expense 0.01% $212,361 $212,361 $3,024,648 $3,462,617 1,630.53%
2021 Individual Specified Disease 16.94% $17,470,411 $17,406,677 $3,788,316 $4,336,864 24.91%
2021 Individual Accident Only 4.05% $2,530,001 $2,516,227 $373,947 $428,094 17.01%
2021 Individual Dental 3.16% $1,475,314 $1,463,995 $547,179 $626,410 42.79%
2021 Individual Limited Benefit 4.51% $3,065,120 $3,011,700 $1,464,724 $1,676,818 55.68%
2021 Total Group Accident & Health 0.01% $729,978 $729,057 $377,688 $430,934 59.11%
2021 Group Comprehensive Medical Expense - Association 0.15% $61,725 $61,678 $36,157 $41,254 66.89%
2021 Group Specified Disease 1.01% $449,966 $450,665 $283,565 $323,541 71.79%
2021 Group Accident Only 0.07% $87,324 $87,569 $18,672 $21,304 24.33%
2021 Group Dental 0.01% $25,860 $25,821 $9,076 $10,356 40.11%
2021 Group Limited Benefit 0.04% $105,103 $103,324 $30,218 $34,479 33.37%
2021 Total Life 0.02% $2,388,047 $0 $67,345 $0 2.82%
2021 Total Individual Life 0.03% $2,388,047 $0 $67,345 $0 2.82%
2021 Individual Whole Life 0.27% $2,388,047 $0 $67,345 $0 2.82%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2025 Health 0% 20 0
2025 Life and Annuities 0% 1 0
2024 Life and Annuities 0.03% 0 0
2024 Health 0% 13 0
2023 Health 0.27% 6 103
2023 Long-Term Care Insurance 0.06% 0 0
2023 Life and Annuities 0.02% 0 0
2022 Health 0.3% 6 90
2022 Long-Term Care Insurance 0.06% 0 0
2022 Life and Annuities 0.02% 0 0
2021 Health 0.23% 5 89
2021 Life and Annuities 0.02% 0 0

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.