Executive Life Insurance Company
Los Angeles, California

Policyholder Information

Site Contents:

Company Overview
Background information on the company

Policy & Claims Administration
Information on how policies and claims are being handled

Contact Information
Contacts for more information concerning your policy or claim

Company Details
Additional information about the company

Frequently Asked Questions
Answers to frequently asked questions about the company and the insolvency process

Company Overview

Executive Life Insurance Company (ELIC) was a large issuer of life insurance, structured settlement annuities, group annuities, and guaranteed investment contracts (GICs) issued to pension plans and municipalities. A conservation order was issued for ELIC on April 11, 1991, and a liquidation order was entered on December 6, 1991. Most of the company's policies were assumed by Aurora National Life Insurance Company in 1993 (see below).

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Policy & Claims Administration

Policies of an insolvent company are often transferred to a financially sound insurance company. If policies are not transferred to another company, the policies are continued and claims administered by either the guaranty associations or a third-party administrator (TPA) working on behalf of the associations. Please contact the company/TPA listed below or the guaranty association in your state of residence for more information about your policy.

Type of Policy Transferred to Transfer Date
All
Aurora National Life Assurance Company
P.O. Box 4490
Hartford, CT. 06147-4490
800-265-2652
http://www.auroralife.com/index.htm
September 03, 1993
NOTE: Enhancement/Admin. Svcs.
NOTE: Residents of Michigan should contact the Michigan Life & Health Insurance Guaranty Association regarding the handling of policies for the state of Michigan.

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Contact Information

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.

The liquidator, by court order, becomes the sole owner of the company's assets and administers the estate of the company.

If you are unsure whom 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

NAIC Number: 63010

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.

Domiciliary State: California

The domiciliary state is the state in which an insurance company is incorporated or organized.

Rehabilitation Date: April 11, 1991

Liquidation Date: December 06, 1991

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Frequently Asked Questions

Insolvency FAQs

General FAQ's

The Insolvency Process

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