Company Profile

CSO is a mutually owned insurance company specializing in the debt protection market. The company's vision is to be the leader in debt protection products by providing innovative solutions and value to its lenders, agents, customers and policyholders.

CSO is uniquely positioned to capitalize on the dual focus of credit insurance products and debt cancellation programs. These product offerings are marketed by business partners consisting of automobile dealerships and financial institutions. CSO's extensive network of employed sales and training professionals and general agents allow for effective and responsive servicing of its accounts.

A solid history of successful business practice has provided an exceptionally strong financial base. Retained earnings as of year-end 2011 exceeded $175,000,000.

With over 80 years in the business, CSO supports over 5,000 financial institutions and automobile dealerships and is a top provider of debt protection in the dealer market in the United States. The number of in-force credit life and/or disability policyholders exceeds 415,000 with more than 21,000 insurance certificates being processed on a monthly basis. CSO possesses the knowledge and skills required to extend superior service and products to its policyholders and business partners alike.

CSO and its subsidiaries, Censtat Life Assurance Company and Censtat Casualty Company, have a Best's credit rating of A- (Excellent).  For the latest rating access www.ambest.com.  In 2012, CSO successfully completed a SSAE 16 SOC-1 audit and achieved an unqualified opinion.  CSO's SOC-1 audit report covers the financial, information systems controls and related applications for the debt cancellation products administered by CSO.

Based in Omaha, Nebraska, CSO employs approximately 140 people and is licensed in every state except New York. CSO is also licensed in Guam and the District of Columbia. The company strives to be the provider of choice in the debt protection market. It's motto, "To Care is To Grow," remains the guiding philosophy behind how CSO does business.