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Cotton States Life Insura (CSLI)
Tear Sheet
Cotton States Life Insurance Company is licensed to transact business in Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia. The Company markets only individual life insurance; payroll deduction life insurance; guaranteed issue and simplified issue life insurance, and individual annuities. The Company's operations can be grouped into three major segments: individual life insurance, guaranteed issue and simplified issue life insurance and brokerage operations. It was announced, on December 30, 2003, that the Cotton States Insurance Group (which includes the Company and Cotton States Mutual Insurance Company) and COUNTRY Insurance & Financial Services (COUNTRY), located in Bloomington, Illinois, entered into definitive agreements regarding the acquisition of the Company by merger. As a result, the Company will become a privately held company and a wholly owned subsidiary of COUNTRY.
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(770) 391-8600 |
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Contact |
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See Also: Exploration Louisiana Page
See Also: Life Insurance Page
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For the nine months ended 9/30/04, revenues rose 2% to $38 million. Net income fell 29% to $3.5 million. Results reflect guaranteed issue and simplified issue life insurance premium growth due to increased production by the independent agency force, offset by higher benefit and claim expenses due to an increase in mortality experience.
One Year Chart
