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If a company was liquidated and there were in force policies at the time, they can still be paid by your state's Life Insurance Guaranty Association, which is a group that pays claims for insolvent companies and then assesses the costs to all other life insurers in that state.

You can contact your state's insurance Department to find out how to reach the Guaranty Association.

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Q: Did any other insurance company take over inforce policies from University Life Insurance Company of America when they were liquidated in 1987?
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