Mutual Benefit Life Insurance Company
Newark, New Jersey

Policyholder Information

Company Overview

The Mutual Benefit Life Insurance Company, domiciled in New Jersey, was licensed to operate in all 50 states, the District of Columbia, and Puerto Rico. The company offered life, health, and annuity products available to the individual, group, and business sectors.

An order of rehabilitation was issued in mid-1991, and a liquidation order was issued in 1993. The state life and health insurance guaranty associations helped arrange for several assuming insurers to assume the various blocks of business (see below).

[ Back ]

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 Company Effective Date
Life
American General Life Insurance Company
P.O. Box 19074
Greenville, SC.
800-821-7887
https://www-1000.aig.com/
More
July 15, 1998
NOTE: First assumed by MBL Life Assurance Corporation (MBLLAC). http://www.state.nj.us/dobi/finreceivership/mblife.htm AIG SunAmerica is now part of American General Life
Annuity
AIG SunAmerica Life Assurance Company
P.O. Box 9006
Amarillo, TX.
888-333-2349
http://www.aig.com/
July 15, 1998
NOTE: First assumed by MBL Life Assurance Corporation (MBLLAC). http://www.state.nj.us/dobi/finreceivership/mblife.htm

Group Annuity (Pension) Contracts: 1-888-502-0600

Group Life
Integrity Life Insurance Company
P.O. Box 5720
Cincinnati, OH. 45201-5720
800-325-8583
http://www.integritycompanies.com
More
April 30, 1999
NOTE: Group flexible premium life
Variable annuity block
ING Life Insurance and Annuity Company
909 Locust St.
Des Moines, IA. 50309-2899
800-366-0066
http://www.ingannuities.com/
More
July 14, 1999
NOTE: Originally assumed by MBL.
MBL policies were assumed by Aetna.
Aetna Financial was bought by ING.
COLI - Corporate Owned Life Insurance Policies
Hartford Life and Annuity Insurance Company
P.O. Box 2999
Hartford, CT. 06104-2999
800-833-5575
November 01, 1998
NOTE: 800-862-6668 (Annuities), 1-800-833-5575 (Life), 1-800-243-5433 (Trad. Life), 1-800-231-5453 (Variable Life)

Call for specific address based on product.

Disability Income Policies & Group Life Policies
Swiss Re Life & Health America, Inc.
P.O. Box 749001
Dallas, TX. 75374-9001
800-743-0122
More
August 20, 1999
NOTE: Assumption & Reinsurance
NOTE: http://www.state.nj.us/dobi/finreceivership/mblife.htm

[ Back ]

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.

[ Back ]

Company Details

NAIC Number: 66362

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: New Jersey

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

Rehabilitation Date: July 16, 1991

Liquidation Date: November 03, 1993

Estate Closed: June 30, 1999

[ Back ]

Frequently Asked Questions

Insolvency FAQs

General FAQ's

The Insolvency Process

[ Back ]

© 2001-2017 All Rights Reserved. The National Organization of Life & Health Insurance Guaranty Associations