CORPORATE LIFE INSURANCE COMPANY
Date of Liquidation: February 15, 1994
Filing Deadline: February 15, 1995
States Where Licensed: Delaware, Florida, Maryland, Pennsylvania, Wyoming
Type of Business Sold: Life & Annuity
Policies which were sold in a licensed state have been assumed, up to the limits allowed in the appropriate guaranty association law, by Metropolitan Life Insurance Company and are currently being administered by the following companies:
Texas Life Insurance Company
P.O. Box 830
Waco, TX 76703-0830
Telephone Number: (800) 283-9233
Security First Group
11365 W. Olympic Blvd.
Los Angeles, CA 90064
Telephone Number: (800 )284-4536
Any policy portions not covered by the guaranty associations have been filed against the estate. Claimants will receive a portion of the lost cash when the estate has been finalized.
Corporate sold a large block of business in territories outside of the United States. No guaranty association protection is available to these foreign nationals. Proof of claims were mailed to anyone having a policy that was not afforded coverage through a guaranty association. Proof of claim must have been filed by the claim filing deadling in order to be considered a valid claim against the estate.
On October 31, 2006 the Commonwealth Court approved our Notice seeking permission to distribute the estate.
The Commonwealth Court of Pennsylvania issued an Order of Discharge and Distribution for this estate on January 4, 2007. Pursuant to the Order, the assets of this estate were distributed in February 2007.