New Jersey Life Insurance Company
Paramus, New Jersey

Policyholder Information

Company Overview

New Jersey Life Insurance Company's territory consisted of 47 states, the District of Columbia, and Puerto Rico. Its offerings concentrated on premium whole life insurance products. In 1993, the company was issued an order of liquidation. The state life and health insurance guaranty associations helped arrange for American General Life Insurance Company to assume the company's policyholder liabilities the same year.

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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 Company Effective Date
All
American General Life Insurance Company
P.O. Box 4373
Houston, TX.
800-231-3655
http://www.aigag.com/life/life.nsf/contents/index
More
September 09, 1993
NOTE: An AIG member company
Life
National Life Insurance Company
One National Life Drive
Montpelier, VT. 05604
802-229-3333
https://www.nationallife.com
February 28, 1994
NOTE: VT policyholders only

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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: 66907

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: September 05, 1991

Liquidation Date: August 12, 1993

Estate Closed: January 08, 1999

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Frequently Asked Questions

Insolvency FAQs

General FAQ's

The Insolvency Process

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