Company Insolvencies

EBL Life Insurance Company | PA

Company Overview

EBL Life Insurance Company, was a subsidiary of Summit National Life Insurance Company and licensed solely in PA. EBL was placed into liquidation during April 1994. The state life and health insurance guaranty associations helped arrange for all ELB policies to be assumed by Midland National Life Insurance Company in the same year as part of the transaction involving its parent, Summit National.

 

Policy & Claims Administration

Policies of an insolvent company are often transferred to a financially sound insurance company. If policies are not transferred to another company, the policies are continued and claims administered by either the guaranty associations or a third-party administrator (TPA) working on behalf of the associations. Please contact the company/TPA listed below or the guaranty association in your state of residence for more information about your policy.

Type of Policy Company
Effective Date
All

Midland National Life Insurance Company
One Midland Plaza
Sioux Falls, SD. 57193-0001
800-923-3223 (Life)
866-270-9564 (Annuities)
https://www.midlandnational.com/

Nov 01, 1994

Contact Information

Guaranty association coverage is coordinated on a state-by-state basis, with coverage usually being provided by the association in your state of residence, regardless of where you purchased your policy. Policyholders should contact their state guaranty association with any questions they have about their policies. The button below will take you to a page where you can search for your state association's Web site, which provides answers to frequently asked questions and contact information.

Find Your State Association

The liquidator, by court order, becomes the sole owner of the company's assets and administers the estate of the company. If you are unsure whom to contact with your questions, please e-mail us here, and we will forward your message to the appropriate party.

Company Details

NAIC Number: 87033

An NAIC number is a five-digit number assigned to every insurance company by the NAIC (National Association of Insurance Commissioners). Because each company has its own unique number, the NAIC number can be used to identify a particular company.

Domiciliary State: Pennsylvania

The domiciliary state is the state in which an insurance company is incorporated or organized.

Liquidation Date: April 07, 1994

Estate Closed: August 15, 2005

Frequently Asked Questions

What Happens When an Insurance Company Fails?

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General Information about Guaranty Association Coverage

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