Are you aware of consumers not being “made whole,” in the wake of an insurance company insolvency?
April 16, 2024 by Sheryl J. Moore
I recently began researching the NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATIONS.
This is the organization that ensures that consumers receive as much as [$250,000] of their annuity back, in the event of an insurance company insolvency.
Over the past year, I have heard stories about customers not receiving their full $250,000 back, when Executive Life failed.
I heard same about the fall of Colorado Bankers Life.
Are you aware of consumers not being “made whole,” in the wake of an insurance company insolvency?
Let’s talk. Join in the LinkedIn discussion HERE.
-sjm