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BenefitsLink > Q&A Columns >

Stop, Look & Listen: Railroad Retirement Benefits Q&A

Answers are provided by Robert S. Kaufman

How to Get Information About Life Insurance Companies

(Posted July 31, 2000)

Question 59: When my father worked for a railroad, he had an insurance policy through the Railroad Employee Mutual Association, a company in Cleveland, Ohio. My father died, and we want to collect the death benefit. We can't find a listing or address for the company in Cleveland. How can we find the company and collect what's due?

Answer: Your father's life insurance policy is through a private mutual insurance company and has no connection with the federal Railroad Retirement system. Every state has an insurance commissioner or insurance department that is responsible for regulating all of the insurance companies authorized to sell policies within the state.

In Ohio, the Ohio Department of Insurance is the responsible stae agency. It's located at 2100 Stella Court, Columbus 43215. (Consumer Hotline: 1-800-686-1526.) I would start there and find out what happened to the company.

As a "mutual" insurance company, your father was an owner; if the company went out of business, he may have received a settlement before he died.


Important notice:

Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.

The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.


Copyright 1997-2017 Robert S. Kaufman
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