Franklin Protective Life Insurance Company was a Mississippi-based company that was acquired by the Thunor Trust (the Trust also acquired Family Guaranty Life Insurance Company, Farmer and Ranchers Life Insurance Company, First National Life Insurance Company of America, Franklin American Life Insurance Company, International Financial Services Life, and Old Southwest Life Insurance Company). In 1999, all the companies were placed in rehabilitation. Franklin Protective Life was ordered liquidated in the same year, and state life and health insurance guaranty associations helped arrange for its policies to be moved to Madison National Life Insurance Company (see below).
If you have any questions, please contact your state life and health insurance guaranty association.
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.
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: 98655
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: Mississippi
The domiciliary state is the state in which an insurance company is incorporated or organized.