Afro-American Life Insurance Company ended in 1990.
Home State Life Insurance Company ended in 1958.
If you have reached the age where your whole life policy matures, call your life insurance agent or the insurance company. They owe you a check. If you are talking about the end of a term policy, you are owed nothing.
No life insurance is a solid investment. Life insurance is a valuable tool, but it's an EXPENSE. Whole life insurance is a pricey expense. It's great for the insurance company, great for the agent that sells it to you but lousy for you as the end buyer.
The National Liberty Life Insurance Company faced significant financial difficulties in the late 1990s, leading to regulatory scrutiny and investigations. In 1999, the company was placed under the supervision of the Pennsylvania Insurance Department due to its insolvency. Eventually, the company was liquidated, and its assets were sold off to cover outstanding claims and obligations. This marked the end of its operations as a life insurance provider.
The Dai-ichi Life Insurance Company, Limited (2nd largest private life insurance company in Japan). Purchase price of approximately $5.7 billion. Transaction is expected to be completed by the end of 2014 or early 2015.
At the end of a term life insurance policy, the coverage expires and the policyholder no longer has insurance protection.
Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.Contact your lender or the insurance company listed on the policy.
Puritan Life Insurance Company, founded in the early 20th century, faced significant financial difficulties in the late 20th century. By the 1980s, it was unable to meet regulatory capital requirements and ultimately ceased operations. Its assets were liquidated, and the company was formally dissolved, marking the end of its nearly 70-year history in the insurance industry.
Endowment policies. In normal life insurance policies, if you outlive the policy term you wont get any money. Whereas, in case of endowment policies, the insurance company returns a big % of your insurance premium to you at the end of the tenure. So, these policies are much higher in terms of premium when compared to regular or pure-term life insurance policies.
The Texas Reserve Life Insurance Company, once a prominent insurance provider based in San Antonio, faced significant financial challenges that led to its decline. In the late 1990s, the company struggled with insolvency issues and was ultimately placed under regulatory supervision. In 2000, it was declared insolvent and its assets were liquidated, thereby ceasing operations and marking the end of its presence in the insurance market.
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Both of these companies are foreign stock companies. In 1983 All American reinsured policies for Lincoln Liberty Life. At the end of 2002, All American merged into AMERICAN GENERAL LIFE INSURANCE COMPANY of Houston, TX.