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Monarch Life Insurance Company
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In Rehabilitation
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| Company Overview |
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| Monarch Life Insurance Company, domiciled in Massachusetts, was owned by Monarch Capital Corporation. Their main concentrations were in the variable life and disability income fields. Monarch Life has been in rehabilitation since June 1994. The company ceased writing new life and annuity business in 1992 and disability income business in 1993. At this time, they are still in receivership, under supervision by the Massachusetts Division of Insurance.
If you have any questions, please contact Monarch Life Insurance Company (413.784.2000) or the Massachusetts Division of Insurance.
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| Contact Information |
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| 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 drop-down menu below will take you to your state association's Web site, which provides answers to frequently asked questions and contact information. |
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| The liquidator, by court order, becomes the sole owner of the company's assets and administers the estate of the company. |
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| If you are unsure who to contact with your questions, please e-mail us here, and we will forward your message to the appropriate party. |
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| Company Details |
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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. |
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| Domiciliary State: |
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Massachusetts |
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The domiciliary state is the state in which an insurance company is incorporated or organized. |
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| Rehabilitation Date: |
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June 09, 1994 |
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Following the rehabilitation date, the insurance commissioner of the company's domiciliary state initiates a process whereby every attempt is made to help the company regain its financial footing. |
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© 2001-2009 All Rights Reserved. The National Organization of Life & Health Insurance Guaranty Associations |
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