Security Life and Trust Company, based in Winston-Salem, North Carolina, was a life insurance company that faced significant financial difficulties in the late 20th century. In 1991, the company was placed into rehabilitation by the North Carolina Department of Insurance due to insolvency issues, ultimately leading to its liquidation. This marked the end of the company's operations, with policyholders impacted as the state worked to settle claims and manage the remaining assets.
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Piedmont Southern Life Insurance Co. merged with Georgia International Life Insurance Co which became Integon, then Security Life and Trust, then Soutwestern Life, then finally merged with Valey Forge Insurance Co in Chicago.
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Security Life and Trust Insurance Company faced significant financial difficulties in the mid-1990s, leading to its insolvency. The company was placed under receivership by state regulators in 1995 due to its inability to meet its obligations. Ultimately, it was liquidated, and policyholders were affected as they lost coverage and benefits. The case highlighted issues in the insurance industry regarding regulatory oversight and financial stability.
Home Security Life Insurance Company of Durham, N.C. ultimately merged into Monumental Life Insurance Company (toll free: 800-638-3080).
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The address for Security Life and Trust Company in Winston-Salem, North Carolina, is 1200 S. Hawthorne Road, Winston-Salem, NC 27103. If you need further information or specific inquiries, it's best to contact the company directly.
As of May 2, 2012, old Carolina Life policies are bough out by Security Life of Denver. Their number is 1-800-448-9839.
Integon Life Insurance Corporation is now Security Life and Trust Insurance Company Toll Free Phone Number: (800)792-4368 P O Box 139047 or 717 North Harwood Dallas TX 75313-9047 Office Phone Number: (214)954-7111 Fax Number: (214)954-7044
A life insurance trust is a form of trust which is both the owner and the beneficiary of one or more life insurance policies. It an irrevocable and non-amendable trust.
To contact Security Life and Trust Company, you can visit their official website for contact information, including phone numbers and email addresses. Alternatively, you can reach out to them via social media platforms if available. For immediate assistance, calling their customer service line is often the quickest option. Always ensure you're using official channels to avoid scams.