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  • Fort Dearborn Life Insurance Company
  • Fort Dearborn Life Insurance Company of New York
About Fort Dearborn Life
Fort Dearborn Life Insurance Company offers valuable group benefits insurance to meet the recruiting needs of employers and the security needs of employees. Fort Dearborn Life also provides individuals planning for retirement with an attractive line of fixed and index annuity products.

Throughout Fort Dearborn Life's evolution, it has demonstrated a commitment to its policyholders and partners by focusing on consumers' needs while providing financial stability, professional service and innovative business solutions. Our goal is to build lasting relationships with our customers that span not only years, but decades, and are built on strength, integrity and honesty.

More information can be found within our 2007 Annual ReportPDF.

Company Overview: Fort Dearborn Life Insurance Company
Fort Dearborn Life Insurance Company is among the country's leading providers of group life insurance programs. Licensed in 49 states (excluding New York), the District of Columbia and both the U.S. and British Virgin Islands, Fort Dearborn Life markets and administers group term life, long- and short-term disability, group dental and individual life as well as fixed and index annuity programs.

With experience comes recognition. Fort Dearborn Life ranks third for total number of Group Life contracts in-force¹ and provides coverage to over three million insureds.

Fort Dearborn Life is a wholly owned subsidiary of Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company, one of the largest non-investor owned health care insurance providers in the United States.

Company Overview: Fort Dearborn Life Insurance Company of New York
Fort Dearborn Life Insurance Company of New York was formed on July 1, 2007 and is a subsidiary of Fort Dearborn Life Insurance Company. Operating only in the state of New York, Fort Dearborn Life Insurance Company of New York will market and administer group term life, long- and short-term disability, Disability Benefits Law (DBL), group dental and fixed annuities.

Financial Information: Fort Dearborn Life Insurance Company³
Financial strength continues to be the foundation of our success. This is evident in the financial strength ratings awarded from independent insurance analysts. Fort Dearborn Life Insurance Company is rated A+ (Superior) by A.M. Best Company, affirmed November 1, 2007², and is rated A+ (Strong) by Standard and Poor's for financial strength in its most recent report. Fort Dearborn Life Insurance Company of New York is rated A (Excellent) by A.M. Best Company.

Fort Dearborn Life Insurance Company and its subsidiary, Fort Dearborn Life Insurance Company of New York, insures approximately 65,000 groups representing more than $152 billion in life insurance in-force. With over $2.2 billion in assets, Fort Dearborn Life is dedicated to maintaining this solid financial base as part of our commitment to our customers, distribution partners and employees.

Asset Breakdown: Fort Dearborn Life Insurance Company³
Percentages as of 12/31/2007.

 

Insurance coverage is underwritten by Fort Dearborn Life Insurance Company in 49 states (excluding New York, the District of Columbia, U.S. Virgin Islands and British Virgin Islands). In New York, insurance coverage is underwritten by Fort Dearborn Life Insurance Company of New York.

 

HCSC is a separate corporate entity from its subsidiaries and is not financially responsible for their products.

 

Financials have been restated for the prior five years to include the merger with Member Service Life.

Financials have been restated to reflect the merger of Medical Life Insurance Company effective 12/31/04.

Financial data presented on a statutory basis.

 

¹ Based on results shown in LIMRA's Group Life Sales and In Force 2006 Annual Results.

² A.M. Best Company rates the overall financial results of a company using a scale of A++ (Superior) to F (In Liquidation).

³ Does not include Fort Dearborn Life Insurance Company of New York, which was formed in July 2007.

† Includes $50 million contribution from parent in 2006.

‡ Primarily consist of policy loans, premium receivables, other receivables and investment income due and accrued.