American Standard Life Insurance Company, based in Oklahoma, was placed in conservation in December 1988, in rehabilitation in February 1991, and in liquidation in August 1997. In early 1998, the state life and health insurance guaranty associations helped arrange for American Fidelity Assurance Company to take over American Standard's policies.
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 |
---|---|---|
All | American Fidelity Assurance Company P.O. Box 25070 Oklahoma City, OK. 73125 866-846-9993 http://www.afadvantage.com | Jul 01, 1998 |
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: 63452
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: Oklahoma
The domiciliary state is the state in which an insurance company is incorporated or organized.
Rehabilitation Date: February 22, 1991
Liquidation Date: September 22, 1998
Estate Closed: May 28, 2004
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