Bankers Life Insurance Company (”BLIC”or the “Company”) is in court-ordered liquidation effective as of November 30, 2024. The North Carolina Insurance Commissioner is the court-appointed Liquidator. When a liquidation is ordered, each state’s life and health insurance guaranty association provides coverage to the Company’s policyholders who are residents of that state up to the coverage limits specified by state laws. BLIC’s policy obligations are now covered by various state life and health insurance guaranty associations subject to applicable statutory limits and requirements. Any policy benefit amounts above the state’s life and health insurance guaranty association coverage limits become claims against the Company’s remaining assets, after all administrative expenses are paid. The login above is for the portion of your policy that is not covered by a state guaranty association. It will become active in January of 2025. A separate link for the covered portion of your policy will be available when it becomes active.
Please refer to the links below for important information.
- The US Department of Justice indictment of Greg Lindberg.
- Liquidation Order 12/30/2022
- North Carolina Supreme Court Order 8/21/2024
- Order Approving Moratorium on Policy Surrenders for Uncovered Amounts
- Policyholder Notice
- Publication Notice
- Potential Claimant Notice
- Proof of Claim Form
- Liquidation Order FAQs 8/27/2024
- State Guaranty Association FAQs
On June 20, 2023, the North Carolina Court of Appeals affirmed the Court’s MOU Judgment and Order. Details are found in the links below:
- Memorandum of Understanding (MOU) Announcement
- MOU FAQ
- Copy of the Judgment and Order
- On August 4, 2022, the Court issued a further ruling in the MOU case. Important information from that ruling can be found here.
- MOU Remand Order
Important Information
- Rehabilitation Letter to Policyholders
- Consent Order of Rehabilitation
View the quarterly reports for the receivership process as filed with the Insurance Commissioner. Click Here
All documents are provided or approved by the Special Deputy Liquidators, appointed by the Commissioner of Insurance for the State of North Carolina, in his capacity as court appointed Liquidator.
Contact Us
Bankers Life Insurance Company
P.O. Box 11948
Winston-Salem NC 27116
833-658-2840