Company Information
| PHILADELPHIA AMERICAN LIFE INSURANCE COMPANY |
| P. O. BOX 4884 |
| HOUSTON, TX 77210-4884 |
| 800-713-4680 |
| PHILADELPHIA LIFE INSURANCE COMPANY | 1983-11-10 |
| PLI DELAWARE L INS CO | 1978-02-09 |
| NAIC #: | 67784 |
| California Company ID #: | 2282-2 |
| Date Authorized in California: | 1978-03-01 |
| License Status: | UNLIMITED-NORMAL |
| Company Type: | LIFE-DISABILITY |
| State of Domicile: | TEXAS |
| NAIC Group #: | 0520 | NEW ERA LIFE GRP |
| Lines Of Business |
| The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. |
Company Details
PHILADELPHIA AMERICAN LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
67784
Phone Number:
281-368-7200
Company Address:
11720 KATY FREEWAY, SUITE 1700
HOUSTON, TX 77079
Description:
Life and Health
License Number:
A423311
Date Admitted:
1978-05-10
Market Share
Link to Supplemental Data Page
| 2021 | Total Accident & Health | 0.01% | $4,002,308 | $4,107,161 | $2,026,969 | $1,934,537 | 47.10 % |
| 2021 | Total Individual Accident & Health | 0.02% | $3,966,734 | $4,071,660 | $1,992,793 | $1,888,484 | 46.38 % |
| 2021 | Individual Specified Disease | 0.07% | $523,617 | $533,266 | $115,902 | $47,292 | 8.87 % |
| 2021 | Individual Accident Only | 0.12% | $340,788 | $348,278 | $81,446 | $91,169 | 26.18 % |
| 2021 | Individual Disability Income | 0.00% | $2,947 | $3,108 | $41,777 | $39,914 | N/A |
| 2021 | Individual Dental | 0.02% | $61,810 | $63,148 | $20,185 | $20,963 | 33.20 % |
| 2021 | Individual Limited Benefit | 1.05% | $3,037,572 | $3,123,860 | $1,733,483 | $1,689,146 | 54.07 % |
| 2021 | Total Group Accident & Health | 0.00% | $35,574 | $35,501 | $34,176 | $46,053 | N/A |
| 2021 | Group Specified Disease | 0.00% | $2,329 | $2,267 | $0 | $0 | 0.00 % |
| 2021 | Group Accident Only | 0.01% | $33,245 | $33,234 | $34,176 | $46,053 | N/A |
| 2021 | Total Life | 0.00% | $410,701 | $0 | $210,072 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $410,701 | $0 | $210,072 | $0 | N/A |
| 2021 | Individual Whole Life | 0.02% | $341,499 | $0 | $100,833 | $0 | N/A |
| 2021 | Individual Term Life | 0.01% | $69,202 | $0 | $109,239 | $0 | N/A |
| 2020 | Total Accident & Health | 0.00% | $3,593,679 | $3,591,721 | $1,789,825 | $1,913,539 | 53.28 % |
| 2020 | Total Individual Accident & Health | 0.02% | $3,551,061 | $3,549,887 | $1,777,219 | $1,901,233 | 53.56 % |
| 2020 | Individual Specified Disease | 0.06% | $422,217 | $419,521 | $217,162 | $257,554 | 61.39 % |
| 2020 | Individual Accident Only | 0.10% | $266,456 | $265,779 | $52,889 | $50,777 | 19.10 % |
| 2020 | Individual Disability Income | 0.00% | $3,527 | $3,479 | $44,589 | $44,689 | N/A |
| 2020 | Individual Dental | 0.02% | $47,615 | $47,180 | $14,064 | $14,114 | 29.92 % |
| 2020 | Individual Limited Benefit | 1.20% | $2,811,246 | $2,813,928 | $1,448,515 | $1,534,099 | 54.52 % |
| 2020 | Total Group Accident & Health | 0.00% | $42,618 | $41,834 | $12,606 | $12,306 | 29.42 % |
| 2020 | Group Specified Disease | 0.00% | $2,564 | $2,578 | $0 | $0 | 0.00 % |
| 2020 | Group Accident Only | 0.01% | $40,054 | $39,256 | $12,606 | $12,306 | 31.35 % |
| 2020 | Total Life | 0.00% | $514,999 | $0 | $57,055 | $0 | N/A |
| 2020 | Total Individual Life | 0.00% | $514,999 | $0 | $57,055 | $0 | N/A |
| 2020 | Individual Whole Life | 0.03% | $428,223 | $0 | $27,386 | $0 | N/A |
| 2020 | Individual Term Life | 0.01% | $86,776 | $0 | $29,669 | $0 | N/A |
| 2019 | Total Accident & Health | 0.00% | $3,699,923 | $3,706,740 | $1,955,505 | $2,054,560 | 55.43 % |
| 2019 | Total Individual Accident & Health | 0.02% | $3,651,940 | $3,658,600 | $1,943,895 | $2,042,939 | 55.84 % |
| 2019 | Individual Comprehensive Medical Expense | 0.00% | $1,215 | $1,219 | $350 | $350 | 28.71 % |
| 2019 | Individual Specified Disease | 0.08% | $437,041 | $436,880 | $140,434 | $170,144 | 38.95 % |
| 2019 | Individual Accident Only | 0.11% | $283,265 | $283,513 | $386,163 | $392,163 | N/A |
| 2019 | Individual Disability Income | 0.00% | $4,002 | $4,007 | $4,345 | $4,515 | N/A |
| 2019 | Individual Dental | 0.02% | $48,649 | $48,932 | $12,253 | $13,253 | 27.08 % |
| 2019 | Individual Limited Benefit | 1.45% | $2,877,768 | $2,884,049 | $1,400,350 | $1,462,514 | 50.71 % |
| 2019 | Total Group Accident & Health | 0.00% | $47,983 | $48,140 | $11,610 | $11,621 | 24.14 % |
| 2019 | Group Specified Disease | 0.00% | $2,680 | $2,708 | $0 | $0 | 0.00 % |
| 2019 | Group Accident Only | 0.01% | $45,303 | $45,432 | $11,610 | $11,621 | 25.58 % |
| 2019 | Total Life | 0.00% | $726,158 | $0 | $289,989 | $0 | N/A |
| 2019 | Total Individual Life | 0.00% | $726,158 | $0 | $289,989 | $0 | N/A |
| 2019 | Individual Whole Life | 0.04% | $601,020 | $0 | $139,938 | $0 | N/A |
| 2019 | Individual Term Life | 0.01% | $125,138 | $0 | $150,051 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Link to Enforcements Page
Complaint Index
| 2021 | Health | 0.04% | 3 | 268 |
| 2021 | Life and Annuities | 0.01% | 0 | 0 |
| 2020 | Health | 0.04% | 1 | 79 |
| 2020 | Life and Annuities | 0.01% | 0 | 0 |
| 2020 | Medicare Supplement Insurance | 0.00% | 0 | 0 |
| 2019 | Life and Annuities | 0.01% | 0 | 0 |
| 2019 | Medicare Supplement Insurance | 0.00% | 0 | 0 |
| 2019 | Health | 0.03% | 1 | 85 |
Company Changes
No recent changes
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.
Is Philadelphia American Life Insurance the same as New Era?
Philadelphia American is a subsidiary of the larger New Era Life Insurance Company. New Era specializes in health insurance and also offers Medicare Supplement insurance. Their offices are located in Houston, Texas. They offer Medicare Supplement insurance all over the United States.
What happened to Philadelphia Life Insurance company?
Japan's Tokio Marine Holdings, Inc. reported that it has agreed to acquire all outstanding shares of Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and casualty insurance to targeted markets.
What is Philadelphia AME?
Philadelphia American Life Insurance Co operates as an insurance company. The Company provides annuities, life, health, and disability insurance products and services.
Who took over American life?
On November 1, 2010, MetLife, Inc. completed its purchase of American Life Insurance Company (Alico).