PROTECTIVE LIFE INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
68136
Phone Number:
2052681000
Company Address:

PO Box 2606
Birmingham, AL 35223

Description:
Life and Health
License Number:
A422427
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% $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

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2025 Life and Annuities 0% 6 0
2024 Life and Annuities 2.74% 5 27
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

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.