Information regarding Colorado Bankers Life Insurance Company ("CBL") and Bankers Life Insurance Company ("BLIC")

Company Insolvencies

Supreme Life Insurance Company of America | IL

Company Overview

Supreme Life Insurance Company of America was domiciled in Illinois and licensed to operate in nine states and the District of Columbia. The company offered whole life and term contracts, as well as industrial insurance. Group life and wholesale insurance on a yearly renewable term plan and personal health coverage was also available. The company was issued an order of liquidation in July 1995.

 

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
Life

United Insurance Company of America
12115 Lackland Road
St. Louis, MO. 63146
800.777.8467
http://www.kemperhsc.com/united.htm

Jan 01, 1995

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: 69302

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: Illinois

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

Liquidation Date: July 12, 1995

Estate Closed: May 12, 2000

Frequently Asked Questions

What Happens When an Insurance Company Fails?

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General Information about Guaranty Association Coverage

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