Company Details
License Status:
Active
NAIC Number:
68136
Phone Number:
2052681000
Company Address:
PO Box 2723
Birmingham, AL 35202-2723
Description:
Life and Health
License Number:
A422427
Date Admitted:
Market Share
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.01% | $914,700 | $956,813 | $413,331 | $627,345 | 65.57% |
| 2023 | Total Individual Accident & Health | 0% | $159,799 | $167,122 | $259,553 | $187,423 | 112.15% |
| 2023 | Individual Specified Disease | 0.15% | $159,050 | $166,373 | $259,553 | $187,423 | 112.65% |
| 2023 | Individual Disability Income | 0% | $749 | $749 | $0 | $0 | 0% |
| 2023 | Total Group Accident & Health | 0.01% | $754,901 | $789,691 | $153,778 | $439,922 | 55.71% |
| 2023 | Group Specified Disease | 0.02% | $7,788 | $8,147 | $0 | $0 | 0% |
| 2023 | Group Disability Income | 0.18% | $740,575 | $774,705 | $150,778 | $436,922 | 56.4% |
| 2023 | Group Limited Benefit | 0% | $6,538 | $6,839 | $3,000 | $3,000 | 43.87% |
| 2023 | Total Life | 3.42% | $463,945,593 | $0 | $670,778,932 | $0 | 144.59% |
| 2023 | Total Individual Life | 4.61% | $462,617,627 | $0 | $507,808,082 | $0 | 109.78% |
| 2023 | Individual Whole Life | 0.13% | $1,098,195 | $0 | $638,167 | $0 | 59.46% |
| 2023 | Individual Term Life | 2.52% | $14,895,365 | $0 | $11,474,194 | $0 | 77.16% |
| 2023 | Individual Universal Life | 14.23% | $81,351,448 | $0 | $33,579,898 | $0 | 41.28% |
| 2023 | Individual Credit Life | 0% | $0 | $0 | $0 | $0 | 0% |
| 2023 | Individual Ordinary Annuities | 0.98% | $26,155,325 | $0 | $67,883,372 | $0 | 259.54% |
| 2023 | Individual Variable Annuities | 22.42% | $335,094,159 | $0 | $378,100,605 | $0 | 112.83% |
| 2023 | Individual Equity Indexed Annuities | 0.18% | $4,023,135 | $0 | $0 | $0 | 0% |
| 2023 | Individual Deposit-Type Funds | 0% | $0 | $0 | $16,131,846 | $0 | 0% |
| 2023 | Total Group Life | 0.04% | $1,327,966 | $0 | $162,970,850 | $0 | 12,272.2% |
| 2023 | Group Whole Life | 0% | $1,822 | $0 | $0 | $0 | 0% |
| 2023 | Group Term Life | 0.22% | $1,281,977 | $0 | $1,129,171 | $0 | 88.08% |
| 2023 | Group Universal Life | 0.1% | $44,167 | $0 | $0 | $0 | 0% |
| 2023 | Group Ordinary Annuities | 0% | $0 | $0 | $161,841,679 | $0 | 0% |
| 2022 | Total Accident & Health | 0.01% | $1,283,378 | $494,712 | $300,938 | $297,236 | 60.08% |
| 2022 | Total Individual Accident & Health | 0% | $232,374 | $236,673 | $296,905 | $263,330 | 111.26% |
| 2022 | Individual Specified Disease | 0.2% | $231,625 | $235,861 | $296,905 | $264,429 | 112.11% |
| 2022 | Individual Disability Income | 0% | $749 | $753 | $0 | $-1,090 | -144.75% |
| 2022 | Individual Long Term Credit Disability | 0% | $0 | $59 | $0 | $-9 | -15.25% |
| 2022 | Total Group Accident & Health | 0.01% | $1,051,004 | $258,039 | $4,033 | $33,906 | 13.14% |
| 2022 | Group Specified Disease | 0.02% | $8,197 | $8,197 | $0 | $0 | 0% |
| 2022 | Group Disability Income | 0.27% | $1,036,076 | $243,111 | $3,633 | $33,506 | 13.78% |
| 2022 | Group Limited Benefit | 0% | $6,731 | $6,731 | $400 | $400 | 5.94% |
| 2022 | Total Life | 2.2% | $315,739,145 | $0 | $446,998,137 | $0 | 141.58% |
| 2022 | Total Individual Life | 3.18% | $314,002,438 | $0 | $424,860,927 | $0 | 135.32% |
| 2022 | Individual Whole Life | 0.12% | $1,009,808 | $0 | $641,163 | $0 | 66.62% |
| 2022 | Individual Term Life | 3.55% | $22,070,384 | $0 | $14,505,593 | $0 | 65.72% |
| 2022 | Individual Universal Life | 2.82% | $22,040,545 | $0 | $19,244,820 | $0 | 87.32% |
| 2022 | Individual Credit Life | 0% | $0 | $0 | $0 | $0 | 0% |
| 2022 | Individual Variable Life | 4.72% | $10,373,970 | $0 | $1,951,993 | $0 | 18.82% |
| 2022 | Individual Ordinary Annuities | 0.19% | $4,537,972 | $0 | $8,634,985 | $0 | 190.28% |
| 2022 | Individual Variable Annuities | 12.56% | $247,529,454 | $0 | $359,183,445 | $0 | 145.11% |
| 2022 | Individual Modified Guaranteed Annuities | 0% | $0 | $0 | $8,533,060 | $0 | 0% |
| 2022 | Individual Equity Indexed Annuities | 0.22% | $4,343,174 | $0 | $12,165,868 | $0 | 280.11% |
| 2022 | Individual Deposit-Type Funds | 0.21% | $2,097,131 | $0 | $0 | $0 | 0% |
| 2022 | Total Group Life | 0.04% | $1,736,707 | $0 | $22,137,210 | $0 | 1,274.67% |
| 2022 | Group Whole Life | 0% | $1,757 | $0 | $0 | $0 | 0% |
| 2022 | Group Term Life | 0.31% | $1,681,253 | $0 | $854,881 | $0 | 50.85% |
| 2022 | Group Universal Life | 0.05% | $53,697 | $0 | $-4 | $0 | -0.01% |
| 2022 | Group Modified Guaranteed Annuities | 0% | $0 | $0 | $21,282,333 | $0 | 0% |
| 2021 | Total Accident & Health | 0% | $221,792 | $217,511 | $208,345 | $222,618 | 102.35% |
| 2021 | Total Individual Accident & Health | 0% | $221,792 | $217,511 | $208,345 | $222,618 | 102.35% |
| 2021 | Individual Specified Disease | 0.21% | $221,040 | $216,495 | $208,345 | $223,107 | 103.05% |
| 2021 | Individual Disability Income | 0% | $752 | $752 | $0 | $-479 | -63.7% |
| 2021 | Individual Long Term Credit Disability | 0% | $0 | $264 | $0 | $-10 | -3.79% |
| 2021 | Total Life | 2.93% | $359,280,108 | $0 | $500,943,671 | $0 | 139.44% |
| 2021 | Total Individual Life | 4.57% | $359,034,306 | $0 | $483,065,776 | $0 | 134.56% |
| 2021 | Individual Whole Life | 0.26% | $2,329,475 | $0 | $749,378 | $0 | 33.67% |
| 2021 | Individual Term Life | 2.21% | $13,433,478 | $0 | $17,512,432 | $0 | 130.36% |
| 2021 | Individual Universal Life | 3.94% | $31,385,900 | $0 | $17,742,622 | $0 | 56.53% |
| 2021 | Individual Credit Life | 0.29% | $3,498 | $0 | $56,494 | $0 | 1,615.04% |
| 2021 | Individual Variable Life | 3.44% | $8,130,945 | $0 | $4,123,667 | $0 | 50.72% |
| 2021 | Individual Ordinary Annuities | 0.66% | $10,351,466 | $0 | $6,422,424 | $0 | 62.04% |
| 2021 | Individual Variable Annuities | 12.49% | $282,396,964 | $0 | $420,887,626 | $0 | 149.04% |
| 2021 | Individual Modified Guaranteed Annuities | 0% | $0 | $0 | $8,032,615 | $0 | 0% |
| 2021 | Individual Equity Indexed Annuities | 0.62% | $8,460,655 | $0 | $7,538,518 | $0 | 89.1% |
| 2021 | Individual Deposit-Type Funds | 2.77% | $2,541,925 | $0 | $0 | $0 | 0% |
| 2021 | Total Group Life | 0.01% | $245,802 | $0 | $17,877,895 | $0 | 7,273.29% |
| 2021 | Group Whole Life | 0% | $1,956 | $0 | $10,000 | $0 | 511.25% |
| 2021 | Group Term Life | 0.04% | $226,136 | $0 | $565,767 | $0 | 250.19% |
| 2021 | Group Universal Life | 0.02% | $6,695 | $0 | $0 | $0 | 0% |
| 2021 | Group Modified Guaranteed Annuities | 99.29% | $11,015 | $0 | $17,302,128 | $0 | 157,078% |
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.01% | 0 | 0 |
| 2023 | Life and Annuities | 3.1% | 7 | 30 |
| 2022 | Health | 0.01% | 0 | 0 |
| 2022 | Life and Annuities | 2.85% | 5 | 24 |
| 2021 | Health | 0% | 0 | 0 |
| 2021 | Life and Annuities | 2.28% | 12 | 68 |
Company Changes
Effective Date:
Effective Date:
Comments:
First Variable Life Insurance Co. merged with and into Protective Life Insurance Co.
Effective Date:
Comments:
Chase Life & Annuity Company merged with and into Protective Life Insurance Company.
Effective Date:
Comments:
Chase Life & Annuity Company merged with and into Protective Life Insurance Company.
Effective Date:
Comments:
Effective 7/1/2012 United Investors Life Insurance Company merged with and into Protective Life Insurance Company.
Financial Exams
This company does not have any financial exams.
Inter-State Assurance Co. merged with and into Proptective Life Insurance Company.