Policyholder Information

Company Overview

The Confederation Life receiverships began in Canada, Michigan, and Georgia (CLIAC) with rehabilitation orders in August 1994. Confederation Life had one-third of its business in the U.S. and was licensed in all 50 states plus the District of Columbia and Puerto Rico. The business consisted of life/annuities, structured settlements (payout annuities), and guaranteed investment contracts (GICs). Confederation Life in the U.S. was declared insolvent and ordered liquidated in October 1996, and the state life and health insurance guaranty associations helped arrange for its policy obligations to be assumed by a number of companies thereafter. (see below).

On November 19, 2008, the Michigan court entered an order closing the U.S. estate of Confederation Life.

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
Group Life & Health/LTD (Block B) Hartford Life and Accident Insurance Company
200 Hopmeadow Street
Simsbury, CT. 06089
Oct 01, 1997
Bank Owned Life Insurance (BOLI) Policies New York Life Insurance Company
51 Madison Avenue
New York, NY. 10010
Apr 01, 1997
Corporate Owned Life Insurance (COLI) Policies Pacific Life Insurance Company
700 Newport Center Drive
Newport Beach, CA. 92660
Jun 01, 1997
Life/SPDA (Block A) Nassau Life Insurance Company
One American Row
Hartford , CT. 06102
Dec 31, 1997
CLIAC - Life Policies Voya Retirement Insurance and Annuity Company
230 Park Avenue
New York, NY. 10169
Oct 02, 1995
CLIAC - Annuity Policies Voya Retirement Insurance and Annuity Company
230 Park Avenue
New York, NY. 10169
Oct 02, 1995
Payout Annuities Pacific Life Insurance Company
700 Newport Center Drive
Newport Beach, CA. 92660
Jul 15, 1999

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.

Company Details

NAIC Number: 80667

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: Michigan

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

Rehabilitation Date: August 12, 1994

Liquidation Date: August 12, 1994

Estate Closed: November 19, 2008

Frequently Asked Questions

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