AMS Life was domiciled in Arizona and licensed in 5 states. The company sold primarily life, annuity, and accident and health (A&H) policies, with the annuity line making up almost 90% of its total business. The life and A&H policies were transferred to various assuming carriers (see below) by year-end 1992. The annuity policies were assumed by Security First Life Insurance Company in October 1993.
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 | |
---|---|---|---|
Life |
Capital Investors Life Insurance Company P.O. Box 12686 Birmingham, AL. 800-955-4304 http://www.securitynational.com/ |
Mar 27, 1992 | |
Additional Information: A division of Security National Life Insurance Company | |||
Life |
Jackson National Life Insurance Company 1 Corporate Way Lansing, MI. 48951 800-644-4565 https://www.jackson.com/Index.jsp |
Mar 27, 1992 | |
Annuity |
MetLife Investors USA Insurance Company 18210 Crane Nest Dr. 3rd Fl. Tampa, FL. 33647 813-983-4100 |
Oct 31, 1993 | |
Additional Information: Formerly Security First Life Insurance Company,an affiliate of Met Life | |||
Credit life and disability |
Occidental Life Insurance Company of North Carolina P.O. Box 2595 Waco, TX. 76702-2595 800-736-7311 http://www.occidentallife.com/ |
Mar 27, 1992 | |
Credit life and disability |
American United Life Insurance Company One American Square P.O. Box 3123 Indianapolis, IN. 46206-0368 800-537-6442 (individual) 800-553-5318 (group) https://www.oneamerica.com/Home |
Mar 12, 1993 | |
Additional Information: One America is the parent company of American United Life Ins. Co. |
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 drop-down menu below will take you to your state association's Web site, which provides answers to frequently asked questions and contact information.
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.
NAIC Number: 86142
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: Arizona
The domiciliary state is the state in which an insurance company is incorporated or organized.
Rehabilitation Date: March 27, 1992
Liquidation Date: September 03, 1992
Estate Closed: December 28, 2006