American Chambers Life Insurance Company was a life and health insurance company based in Cleveland, Ohio, with its main office in Illinois. The company sold primarily association and small-group health insurance, with a small amount of life insurance and annuity business as well. The company was placed in receivership in March 2000 and was declared insolvent and ordered liquidated in May of the same year. State life and health insurance guaranty associations helped arrange for the transfer of some of the company’s policies to assuming insurers thereafter, with the remainder of the business serviced on behalf of the associations.
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|
|Group Dental Policies||
Compbenefits Dental, Inc.
100 Mansell Court East
Roswell, GA. 30076
|April 01, 2000|
|Individual assoc. & small group health||
Continental General Insurance Company
8901 Indian Hills Dr.
Omaha, NE. 68124-7007
|May 01, 2000|
|Life & Annuities||
Madison National Life Insurance Company, Inc.
P.O. Box 5008
Madison, WI. 53705-0008
|March 01, 2002|
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.
NAIC Number: 75914
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: Ohio
The domiciliary state is the state in which an insurance company is incorporated or organized.
Rehabilitation Date: March 13, 2000
Liquidation Date: May 08, 2000
Estate Closed: December 02, 2013