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How will I know if my health or life insurance company has failed or is unable to fulfill its obligations to its policyholders?

April 26, 2017COMPANY failed fulfill Health Life Insurance obligations policyholders

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How will I know if my health or life insurance company has failed or is unable to fulfill its obligations to its policyholders?

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When a court declares an insurance company insolvent, it appoints a receiver of the insolvent insurance companys estate. The appointed receiver generally notifies all existing policyholders or contract owners of the insurance companys insolvency. Notice is sent to the address on file with the insolvent insurer.