Colorado Bankers Life remains in rehabilitation and is not selling products. colorado bankers life rehabilitation updatebest monofilament fishing line for saltwater. Schell, J. %PDF-1.5 % Good morning. We are agents licensed to sell insurance through Bankers Life and Casualty Company. h_O8GZU*eVw-. Insurers have assessed a share in an amount that is required to meet the associated guaranty claims that are not funded with estate assets based on premium amounts collected in that state. If you prefer to call, you can speak to one of our friendly representatives at 888-626-0439 about the many options you could qualify for. All rights reserved. She is proud to be a member of the National Association for Fixed Annuities (NAFA) as well as the National Association of Insurance and Financial Advisors (NAIFA). By clicking Accept, you consent to the use of ALL the cookies. Order Approving Moratorium on Policy Surrenders, View the quarterly reports for the rehabilitation process as filed with the Insurance Commissioner. The four companies in rehabilitation are Southland National Insurance Corp., Bankers Life Insurance Co., Colorado Bankers Life Insurance Co. and Southland National Reinsurance Corp. BestLink : AMB #: 008502 NAIC #: 84786 FEIN #: . And by the way, if you can click here to learn more about the potentially FREE benefits that the government may provide people who are disabled or retired on a fixed income! Galvin Legal, PLLC is launching an investigation on behalf of investors who suffered losses investing in Colorado Bankers Life Insurance Annuities at the recommendation of their financial advisor. You also have the option to opt-out of these cookies. Turn your future payments into cash you can use right now. In Rehabilitation: Centennial Life Insurance Company (KS) 61654: 05/27/1998: Colorado Bankers Life Insurance Company (NC) 84786: In Rehabilitation: Columbia Life Insurance Company (PA) 73350: 10/15/1991: Confederation Life Insurance & Annuity Co (CLIAC) (GA) 99384: Released from Oversight: Schell, Jennifer. Retrieved from, Colorado Bankers Life Insurance Company. Colorado Bankers Life FAQs Liquidation Order 1.30.23.pdf, Colorado Bankers Life FAQs Liquidation Order 1.30.23, Physical Address: Report. David Duford is the owner and operator of BuyLifeInsuranceForBurial.com. State Government websites value user privacy. We appreciate your feedback. This company should be charged with fraud. Aspida announced the acquisition of Global Bankers earlier this month. October 8, 2021. Raleigh NC 27699-1201, Contact NCDOIEmployee DirectoryCareers at NCDOICalendar, An official website of the State of North Carolina. 57 0 obj <> endobj The Rehabilitator is currently evaluating the Companiesin-force policies, by policy type,investments,as well as reinsurance programs in furtherance of determining the feasibility of a successfulrehabilitationof the Companies. The insurers that are acting as the plaintiffs in the case say Lindberg's private companies owe them $1.3 billion, according to the Wall Street Journal reporters' summary of court documents . Josie Tuff, rehabilitation team leader at Maximus UK, which provides employment, health and disability support programs to employers, says taking it slow is essential. Sign Up for the Life/Health Daily Newsletter. North Carolina Insurance Commissioner Mike Causey announced that the hardship eligibility programs for policyholders of Colorado Bankers Life Insurance Company, Bankers Life Insurance Co. and Southland National Life Insurance Corp. have been expanded effective July 27. Annuity providers base income benefits on an annuitants life expectancy, which they determine using your age and gender. Our goal is to provide excellent service to every policyholder and make your life easier when it comes to your claims. Box 11948 Winston-Salem NC 27116. Jennifer Schell is a professional writer focused on demystifying annuities and other financial topics including banking, financial advising and insurance. Last update 02/13/2023. Colorado Bankers Life was placed into rehabilitation on June 27, 2019, by the Superior Court of Wake County, North Carolina. I just learned about this on 7/23/2021!! endstream endobj startxref But does that fear match reality? In the fourth quarter of 2021, Actuarial Management Resources began servicing the companys business. Speak with one of our qualified financial professionals today to discover which of our industry-leading annuity products fits into your long-term financial strategy. Privacy Policy Terms And Conditions Sitemap Insurance Carriers Represented Licenses, Compare quotes from top insurance carriers. Request a Free Consultation with a Securities Attorney. The recent unsealing of a lawsuit filed on behalf of a group of North Carolina life insurers in receivership has spurred new allegations from an entity objecting to the rehabilitation plan of Pavonia Life Insurance Co. of Michigan, which would end with the insurer's sale to an Ares Management Corp. subsidiary. When an insurance company goes through bankruptcy, the insurance coverage will continue, and policy claims will be covered and paid by state insurance guaranty associations, subject to each state's coverage limits. He's helped over 1,500 people with their life insurance needs across the country. Multi-year guaranteed annuities (MYGA) are a type of fixed annuity offering a guaranteed fixed interest rate for a defined period of time (usually between three and 10 years). On June 2, an arbitration panel ordered PBLA to pay more than $524 million by June 16, the lawsuit claims. Click here to sign up for our newsletter to learn more about financial literacy, investing and important consumer financial news. On June 27, 2019, Colorado Bankers Life and other companies under the Global Bankers Insurance Group umbrella were placed into rehabilitation by the Superior Court of Wake County, North Carolina. Contact Information: Policyholders with questions about policies, claims, or related to liquidation should call the numbers below for more information or assistance: the decision of the North Carolina Court of Appeals affirming the order and further review of the decision is not sought; an order by the North Carolina Supreme Court denying review of the case; or. I have tried multiple times to contact this business, but every time I call, I'm placed on long holds that end up getting disconnected. We are acting. In a news release, Lindberg said he had reached a $307 million deal with Universal Financial Holdings LLC, which would acquire Southland National Insurance Corp., Bankers Life Insurance Co . COLORADO BANKERS LIFE INSURANCE COMPANY BANKERS LIFE INSURANCE COMPANY SOUTHLAND NATIONAL INSURANCE CORPORATION FREQUENTLY ASKED QUESTIONS Updated February 13, 2020 . Bankers Life is the marketing brand of Bankers Life and Casualty Company, Medicare . Colorado Bankers Life is currently in rehabilitation and is not offering products for purchase. Timothy Li, MBA, has dedicated his career to increasing profitability for his clients, including Fortune 500 companies. Without an appeal . If you suffered losses investing with James OReilly, then Galvin Legal, PLLC may be able to help you recover your losses in a Financial IndustryRead More, Toll-Free (800) 405-5117Facsimile (800) 405-5910Decatur, Georgia (Available For Consultation Upon Request)(404) 882-8525, 2023 GALVIN LEGAL, PLLCDisclaimer | Privacy PolicyAttorney AdvertisingJames P. Galvin, Esq. APA Guaranteed coverage amounts typically vary from $100,000 to $500,000 in benefits. This information is all publicly available and is being provided to you by Galvin Legal, PLLC. They specialize in life insurance and annuity products. The next month they engaged in a similar deal, causing PBLA to purchase $18 million from another entity wholly owned by Lindberg. Bankers Life is the marketing brand of Bankers Life and Casualty Company, Medicare Supplement insurance . The commissioner then asks the state court to order the company to be liquidated. The surrender charge period is typically 3 to 7 years after you purchase the annuity.I lifted the below language from the link above and this may answer your questionPolicyholder specific questions contact the appropriate Company at:For Colorado Bankers Life policies: 1-***-***-**** For Bankers Life policies: 1-***-***-**** For Southland . Contact Information: Policyholders with questions about policies, claims, or related to liquidation should call the numbers below for more information or assistance: Bankers Life Insurance Co. 833-658-2840. 8400 E Prentice Ave, Ste 460, Greenwood Village, CO 80111 Annuity.org, 7 Feb 2023, https://www.annuity.org/annuities/providers/colorado-bankers-life/. If you suffered losses investing with David Maute, then Galvin Legal, PLLC may be able to help you recover your losses in a Financial IndustryRead More, Did you lose money investing with James OReilly (CRD# 2209758)? But opting out of some of these cookies may have an effect on your browsing experience. I would like to tell you of my recent experience with Bankers Life and Casualty insurance company. A lock icon or https:// means youve safely connected to the official website. The best coverage for the best price at the end of the day. Credit ratings are issued by independent credit rating agencies. E . They say they sell retirement plans, health supplements, long-term, annuities and 4 more types, including final expense insurance. The negative customer service reviews, a rating under review by AM Best, and the high number of complaints are many reasons to choose a better-qualified insurance company. Colorado Bankers Life Company Information. 2327 Englert Dr. - Durham, NC 27713 - Phone: 800.367.7814. Bankers Life Insurance Co. 833-658-2840, Colorado Bankers Life Insurance Co. 833-658-2841. On December 30, 2022, the North Carolina court issued an order to place life insurers Bankers Life Insurance Company and Colorado Bankers Life Insurance Company (Global Bankers) into liquidation. Incomplete applications or applications without support cannot be considered. endstream endobj 58 0 obj <. If you found our content helpful, consider leaving a review on the Better Business Bureau or Facebook. This Life insurance company may have an appeal to be contacted at the 257 branches in person. The goal of the Rehabilitator is to reduce the amount of affiliatedinvestments and to increase thelong-term liquidity of the Companies. Calling this number connects you to Senior Market Sales (SMS), a trusted partner of Annuity.org. Sorry there was an error. endstream endobj 27 0 obj <> endobj 28 0 obj <> endobj 29 0 obj <>stream The assets, many times are large, can pay the covered claims. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Annuity.org. Retrieved from, Colorado Bankers Life Insurance Company. Customers of Colorado Bankers Life can log in to their accounts online through the companys web portal. TheRehabilitator has appointed Noble Consulting Services, Inc., to serve as Special DeputyRehabilitator to oversee the rehabilitation process. It is easy to fill out the free quote form to the right of your screen or call us at 1-888-626-0439. (n.d.). Were you able to find the information you were looking for on Annuity.org? I have also e-mailed this business and have not received any response back. a decision of the North Carolina Supreme Court affirming the order. Service you can trust. Details Here, On December 30, 2022, the judge signed the Order of Liquidation. You can imagine the devastation I felt when another financial advisor informed me. Colorado Bankers Life FAQs Liquidation Order 1.30.23. GBIG Hardship Package. We can help you to get burial insurance quotes for: We have the sole purpose of getting you more choices that are tailored for your family and you so you have the best possible insurance that you decide and what is more important to you. Raleigh NC 27603-5926, Mailing Address: Beneficiary Change Form. Sorry there is a continuing error in our system. Latest Status as of August 10, 2022 - Click Here Privacy Statement Terms of Use. Colorado Bankers Life FAQs Liquidation Order 1.30.23.pdf. Colorado Bankers Life Insurance Company (NC) 84786: In Rehabilitation: Confederation Life Insurance & Annuity Co (CLIAC) (GA) 99384: Released from Oversight: Confederation Life Insurance Company (CLIC) (MI) 80667: 08/12/1994: Diamond Benefits Life Insurance Company/Life Assurance Company of Pennsylvania (AZ) 74969: 02/28/1992: Executive Life . IF YOU GO. Bank Authorization Form. Colorado Bankers Life Insurance Company. Bankers Life insurance Ownership Change Form. Here for you at every step. PDF 119.42 KB - January 31, 2023 Insurance Companies. PBLA has yet to comply with the payment obligation and, through its counsel, has advised . Secure websites use HTTPS certificates. Bankers Life Insurance Company, Colorado Bankers Life Insurance Company, and Southland National Reinsurance Corporation, are pleased toreceive the court's trial judgment in their favor in their lawsuit against Greg Lindberg and a number of his related companies in case 19-CVS-13093 pending in Wake County Superior Court in . Raleigh NC 27603-5926, Mailing Address: TheCommissionertookactionafter determiningthatthelong term liquidity of the investment portfolios of the Companies had deteriorated to the point that theNorth Carolina Department of Insurance needed to act to protect the policyholders. In fact, he took $ from a higher paying acct when I needed cash b/c he knew he couldnt get $ from CBL & again didnt inform me. PDF 615.27 KB - November 08, 2022. You can also defer any taxes on MYGAs until money is taken out. On October 19, 2022 my sister . And many times, you could even qualify for a better policy that will start immediately. I feel like I was scammed by *****************. Rehabilitation PO Box 110604 Durham, NC 27709-0962 Upon receipt of your completed hardship documents, the Rehabilitator will review them and reserves the right . Annuity.org editors may revise content for clarity, logic, flow and meaning. Because they are fixed-rate annuities, MYGAs are not subject to market volatility and therefore offer a potentially safer way to grow your money. A North Carolina Superior Court gave approval to the state's insurance regulator to modify the moratorium on insurance businessman Greg Lindberg's financially impaired Colorado Bankers and . I invested money and know I cannot acces my money . %PDF-1.6 % No portion of BuyLifeInsuranceForBurial.com may be copied, published or distributed in any manner for any purpose without prior written authorization of the owner. On June 27, 2019, Colorado Bankers Life and other companies under the Global Bankers Insurance Group umbrella were placed into rehabilitation by the Superior Court of Wake County, North Carolina. This rating has remained in place since 2019. A federal appeals court has sided against embattled entrepreneur Greg Lindberg in upholding a lower court's ruling that Colorado Bankers Life Insurance Company is owed $40 million.. U.S. District . Connect with a financial expert to find out how an annuity can offer you guaranteed monthly income for life. Galvin Legal, PLLC is a national securities arbitration, securities mediation, securities litigation, securities fraud, securities regulation and compliance, and investor protection law practice. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. This category only includes cookies that ensures basic functionalities and security features of the website. This includes reputable industry sources, select financial publications, credible nonprofits, official government reports, court records and interviews with qualified experts. Greg Lindberg was recently sentenced to prison concerning corruption-related convictions. Phone: (805) 304-1376 Email: michael.chabot@ As Producing . Regulatory Actions (Receiverships). The Annuity contract holders will be getting a letter with instructions that explains that they are eligible for a one-time partial withdrawal of their funds. Get started with a free estimate and see what your payments are worth today! 0 Colorado Bankers Life Insurance Company, domiciled in North Carolina, sold primarily annuity contracts with some life insurance. If you would like to view content for a different state, you can do so by changing the ZIP Code below. Policyholder Authorization Form. But you cant get a quote online. hbbd```b``"A$ ""`R, V&I0|lf6! 1201 Mail Service Center In most states, the aggregate benefit level for an individual life in any one insolvency is $300,000 (except if there . NC Department of Insurance Use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. Bankers Life is accredited by the Better Business Bureau with an A rating as of April 2018 . In the past, as an annuity provider, Colorado Bankers Life offered several types of Multi-Year Guaranteed Annuities. In 2015, Colorado Bankers Life joined Global Bankers Insurance Group, an international family of insurance and reinsurance companies focused on retirement, annuities and life insurance. Procedural Status Update. If you suffered losses investing in Colorado Bankers Life Insurance Annuities and would like a free consultation with a securities attorney, then please call Galvin Legal, PLLC at 1-800-405-5117. This site provides life insurance information and quotes. We'd love to hear your thoughts. Bankers Life is a party to, or has a financial interest in, at least 14 . Albemarle Building On June 27, 2019, Southland National Insurance Corporation, Colorado Bankers Life Insurance Company, Bankers Life Insurance Company and Southland National Reinsurance Corporation (hereinafter "Companies") were placed in rehabilitation by order of the Superior Court of Wake County, North Carolina, with the consent of the Board of Directors and the Controlling Shareholder. If the company still falls short of funds to pay the policyholders, then there are state guaranty associations that will be activated to provide 2 main sources of funding. The news . Total of $300,000 in life insurance death benefits, Total of $100,000 in cash surrender or withdrawal values for life insurance, Total of $250,000 in the present value of annuity benefits, including net cash surrender/withdrawal values, Total of $500,000 in major medical or basic hospital, medical and surgical insurance policy benefits, Total of $300,000 in long term care insurance policy benefits, Total of $300,000 in disability insurance policy benefits, Total of $100,000 in other health insurance benefits. Gateway Insurance Company (IL) Texas policyholders: Texas Property & Casualty Insurance Guaranty Association. Retrieved from, United States Department of Justice. The North Carolina Department of Insurance said this allows limited funds to be withdrawn by annuity contract owners during the pandemic. ***** Colorado Bankers Life Insurance Company has been helping Americans successfully meet their goals and manage their insurance needs since 1974. 0 As required by the new California Consumer Privacy Act (CCPA), you may record your preference to view or remove your personal information by completing the form below. Copyright 2021 - CBLife Following Regulatory Action. Colorado Bankers Life is known more by Bankers Life. For Colorado Bankers Life policies: 1-800-367-7814 For Bankers Life policies: 1-800-839-2731 For Southland National policies: 1-833-452-4240 Thank you in advance for your attention . "Colorado Bankers Life." Details are found in the links below: We know you have questions. A customers investment profile includes, but is not limited to, the customers age, other investments, financial situation and needs, tax status, investment objectives, investment experience, investment time horizon, liquidity needs, risk tolerance, and any other information the customer may disclose to the member or associated person in connection with such recommendation.. Please refer to the links below for important information. Albemarle Building Annuity.org writers adhere to strict sourcing guidelines and use only credible sources of information, including authoritative financial publications, academic organizations, peer-reviewed journals, highly regarded nonprofit organizations, government reports, court records and interviews with qualified experts. These ratings, also called financial strength ratings, relate the financial stability of the company to the consumer. Also has a high number of complaints with the NAIC, and the companys financial strength doesnt compare to reputable companies. Rule 2111 is composed of three main obligations: reasonable-basis suitability, customer-specific suitability, and quantitative suitability. Annuity contract owners with a current account value of $1,000 or greater have the option to withdraw 10% of the account value, up to a total maximum of $15,000 per contract owner. Start your mornings with essential life and health insurance news coverage, analysis and trends . MLA His clients came out more favorably, as most just had thousands of dollars in specialized life insurance . We are off to a flying start at the NC Department of Insurance at the start of 2023! Retrieved from. There is no minimum amount required to purchase an annuity, though the national average is $150,000. Please call us using the phone number listed on this page. Please review ourFrequently Asked Questions, which are periodically updated as information becomes available. hb```f````e`dd@ A( F+v S[PY9v\|(+00ttt40p`H!q(f`c`c1fdd8,3o&m kxZ*8LAe`~rw _>:@ S,4 Since Colorado Bankers Life are in rehabilitation and many complaints and lawsuits. Colorado Bankers Life sells Retirement Income Health Expenses Retirement Care and Final Expense Insurance. I am 67 years old and I have lost acces to my retirement fund. Annuity.org articles are spellchecked, grammatically correct and typo-free. NC Department of Insurance In 2019, it was placed into rehabilitation and is not currently selling products. Withdrawals . State regulators moved to have the life insurers placed into rehabilitation after securing the agreement of owner Greg Lindberg and the insurers' boards. Our free tool can help you find an advisor who serves your needs. Guaranteed Acceptance Whole Life Insurance Policies Reviews, $75,000 Whole Life Insurance Review [Rates, Programs Revealed], 10 Steps I Took To Get My Parent Burial Insurance, Helpful for Seniors that have bad health using, An Independent Broker Professional that can get access to. Contact Information for Colorado Bankers Life Policyholders. The North Carolina Commissioner of Insurance has been appointed as the rehabilitator for Colorado Bankers Life. 833-658-2840. This information is all publicly available and is being provided to you by Galvin Legal, PLLC. On March 5, 2020, Lindberg and an associate were convicted of wire fraud, public corruption and bribery charges. Details are found in the links below: Memorandum of Understanding . It's only $2,300, and even with a penalty, I decided I just want to be done, get what I can, and close it out. 10/28/2021. State Government websites value user privacy. Please review the instructions,checklistand call us with questions. 69 0 obj <>stream We have helped many people even with a history of heart issues, strokes, diabetes, cancer, lung problems, and more. Copyright 1999 2023 GoDaddy Operating Company, LLC. Petition for Liquidation 11 1 22.pdf. Filed: April 4, 2013 in U.S. District Court in Portland Plaintiff: Lorraine and Charles Bates; Eileen Burk, and David Youngbluth Defendant: Bankers Life and Casualty Company, CDOC, Inc., CNO Financial Group, Inc., Conesco Life Insurance Company of Texas, Doe Corporations I-X and James D Peterson Case Number: 3:2013cv00580 Details: The four plaintiffs filed the suit Class Action Suit Filed . You may be eligible for a withdrawal or surrender under theHardship Package. In just a few minutes, you can get access to free government benefits that you didnt previously have and gain back some of the money you have spent already. I never received any info reference to the companys financial troubles. The SPA is part of and fully integrated into the plan. Running out of money in retirement is a concern for many Americans. On BBB site for Colorado Bankers Life. Colorado Bankers Life Insurance Company in Rehabilitation. These cookies do not store any personal information. %%EOF Get matched with a financial advisor who fits your unique criteria. Details Here. hb```vaAd`0p8h|VGCJ (f`LBL>3}ccpuu10hi```~7v,D Hiding info from a client is grounds for legal action & that is exactly the direction we have taken. 325 N. Salisbury Street Last Update 03/23/2022. By Allison Bell. (2022, March 23 ). If, for some reason, the company cant be rehabilitated, then it is declared insolvent. On March 5, 2020, Lindberg and an associate were convicted of wire fraud, public corruption and bribery charges. In the case of Greg Lindbergs financially drained Bankers Life, the Superior Court in North Carolina approved to the states regulator to modify a moratorium on Colorado Bankers and Bankers Life. Click Here. Access from your Country was disabled by the administrator. So the good news is that we can get a better price for coverage out there in many circumstances than a lot of other carriers can provide. Still, you will need to check with your state . Policyowners who face financial hardships due to the court-ordered moratorium on cash surrenders and partial withdrawals from Colorado Bankers Life Insurance may be eligible to make a hardship payment request. Colorado Bankers Life Insurance Co. 833-658-2841. for Claim inquiries: 800-773-4760. for Life policy inquiries: 800-238-8011. for Annuity inquiries: 800-787-1431. The hardship program provides an exception to the court-ordered moratorium to assist customers who are in immediate need of funds so that they may meet everyday living expenses.. Because missing important news and updates could cost you. The Court appointed the Commissioner as Rehabilitator of the Companies. . We will be able to tell you within 5 minutes, without any obligation, that we can help you. (2019, June 27). The group controlled Bankers Life Insurance Co., Colorado Bankers Life Insurance Co. and Southland National Insurance Corp. A North Carolina state court put the companies in rehabilitation in June 2019. In accordance with the Order, the Rehabilitator has taken possession of all known assets of theCompanies. However, if the rehabilitation is, for some reason, not . Document Organization. We adhere to ethical journalism practices, including presenting honest, unbiased information that follows Associated Press style guidelines and reporting facts from reliable, attributed sources. hbbd```b``"IQf D./I0 &/I~z6R$| 6 Ig` 1) Mailing AddressBuyLifeInsuranceForBurial.comPO Box 123Chattanooga, TN 37343Contact Us HerePhone: 888-626-0439Hours: Monday - Friday, 8AM EST - 8PM EST, Copyright 2021- BuyLifeInsuranceForBurial.com All rights reserved. If you're interested in buying an annuity, a representative will provide you with a free, no-obligation quote. First Published. Raleigh NC 27603-5926, Mailing Address: It is mandatory to procure user consent prior to running these cookies on your website. Aug 2013 - Mar 20148 months. A few simple steps used to be enough to control financial stress, but COVID and student loan debt are forcing people to take new routes to financial wellness. These included a tax-deferred, interest-bearing annuity contract and multi-year guaranteed rates with death benefits and no front-end loads or policy fees. Albemarle Building Final expense insurance offers coverage for burial and funeral costs and is more affordable. CBLife Annuities. A North Carolina court has ordered the liquidation of two life insurance companies in rehabilitation operated under billionaire insurance and finance executive Greg Lindberg. . This is dictated by state law and is known as a period of rehabilitation. December 8, 2022. I invested 50,000.oo dollors and now I can not acces my money. 82 0 obj <>stream If you are interested in learning more about buying or selling annuities, call us at 877-918-7024. Direct Deposit Form. 75 0 obj <>/Filter/FlateDecode/ID[<76D712242ED0A443A06CEDBCE59AC2AA><4A9DD3404B32674BBC91D505C64CA09B>]/Index[57 26]/Info 56 0 R/Length 94/Prev 121955/Root 58 0 R/Size 83/Type/XRef/W[1 3 1]>>stream Founded in 1879 and located in Chicago. These cookies will be stored in your browser only with your consent. 1201 Mail Service Center On August 4, 2022, the Court issued a further ruling in the MOU case. Continuous updates can be found on the Colorado Bankers Life main page. Chicago H2a ,Dr DL n[ 6W lc 1201 Mail Service Center Managed Raiser's Edge database of individual and prospective donors, corporations, and foundations. Select your state Our policies vary by state We do our best to determine where you are located so we can show you accurate information. North Carolina Insurance Commissioner Mike Causey announced that the hardship eligibility programs for policyholders of Colorado Bankers Life Insurance Company, Bankers Life Insurance Co. and Southland National Life Insurance Corp. have been expanded effective July 27. Box 11609Winston-Salem, NC 27116. Schell, Jennifer. A lock icon or https:// means youve safely connected to the official website. (n.d.). Document Entity Terms. Many providers extend provisions that allow partial withdrawals yearly without a penalty.