UTG Inc
utgins.comWhat Do They Do?
Provides individual life insurance to policyholders and policy-administration services for other life insurers.
10-K for FY2025, filed Mar 25, 2026
How Do They Make Money?
Policyholders pay traditional life insurance premiums when due; limited-payment policies spread part of premiums over the coverage period, and accident and health premiums are earned across policy terms. Universal life and investment products generate fees from insurance and administration charges assessed during the period; their premiums are generally deposits.
10-K for FY2025, filed Mar 25, 2026Recognition of Revenues and Related Expenses - Premiums for traditional life insurance products, which include those products with fixed…View ↗
$42.3M
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10-K for FY2025, filed Mar 25, 2026
$42.3M ↗
Who Are Their Customers?
Individual policyholders are the main customers; current sales are primarily to existing customers through additional insurance needs or policy-retention efforts. The company also provides administrative services to unaffiliated life insurers.
10-K for FY2025, filed Mar 25, 2026The Insurance Company - Universal Guaranty Life Insurance Company is an Ohio domiciled life insurance company and is licensed in 37 states.…View ↗
In recent years, the Company has not placed an emphasis on new business production. Costs associated with supporting new business can be…View ↗
The Company performs administrative work as a third-party administrator (“TPA”) for unaffiliated life insurance companies. The Company…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 40 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 25, 2026
10-K for FY2025, filed Mar 25, 2026
$17.1MView ↗
How Are They Changing?
Growing. Revenue grew 19% in 4 years, from $35.6M in FY2021 to $42.3M in FY2025, about 4% a year.
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