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Have 5 policies. Can't find company.


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I have 5 policies that are written to me and my siblings and the company in which it originated from has been merged, shut down, and umbrella-ed into so many companies till no one now wants to give us our money for our father's policies; or they are claiming they can't find the policies because each company has originated new policy numbers.  I got in touch with Alabama Department of Insurance, and they claim that it was merged or umbrella-ed into Colorado Department of Insurance.  They are 14,000 to 16,000 policies; each one on outside of policy has American Prefered Life Insurance . Profit sharing life insurance contract. How and who can I contact?  I really could use some help.

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  • david rigby changed the title to Have 5 policies. Can't find company.

Google get you this:  https://www.bizapedia.com/tn/american-preferred-life-insurance-company.html

Tennessee Department of Insurance:  https://www.tn.gov/commerce.html

I don't know this company, so am unsure if it's what you need.


I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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Trying to understand a bit better...

Were these policies tied to a retirement plan for a company your father used to work for? 

And his former employer no longer exists, nor do the insurance companies that issued the policies?

If the policies were part of an old profit sharing retirement plan, its quite possible the plan cashed out the policies and your father was given a distribution ( cash or rollover) of the money if the plan closed down, or he elected a withdrawal either when he stopped working for that company, or reached retirement age. 

Life insurance policies in retirement plans used to be more popular, but they aren't anymore and over the years I see plans reducing or eliminating the life insurance part of their profit sharing plans.  

I'm a stranger on the internet. Nothing I write is tax or legal advice. 

I'd like a witty saying here, but I don't have any. When in doubt, what does the plan document say?

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