Memorial Service Life Insurance Company    Lincoln Memorial Life Insurance Company    National Prearranged Services (NPS) Inc.

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Memorial Service Life Insurance Company, Lincoln Memorial Life Insurance Company and National Prearranged Services (NPS) Inc. have been place in Rehabilitation under an Order of Rehabilitation entered  on May 14, 2008 in Cause Number D-1-GV-08-000945 in  the 250th Judicial Court of Travis County, Texas. This action was initiated by the State of Texas at the request of the Texas Department of Insurance with the cooperation of the regulators of several other states.

 

The Commissioner of Insurance for the State of Texas has appointed Donna J. Garrett as the Special Deputy Receiver of all three companies on May 14, 2008.  Ms. Garrett will be responsible for the management of the companies and their operations.

 

Memorial Service Life Insurance Company (Memorial Service) and Lincoln Memorial Service Life Insurance Company (Lincoln Memorial) have ceased writing new business. NPS has suspended the sale of pre-need contracts. Each state regulates the sale of prepaid funeral contracts and the law varies from state to state.  The Special Deputy Receiver is working with regulators from affected states to determine the best course of action to provide the greatest level of protection for all consumers and other stakeholders.

 

Copies of relevant court documents filed in the rehabilitation case will be posted to this website for review under the “Legal Documents” tab. Answers to Frequently Asked Questions can be located under the “FAQ” tab. Links to the relevant regulatory agencies in your state may be accessed under the “Links” tab. You may contact the Special Deputy Receiver’s staff via email using the following link info@LincolnMemorialLife.com.

 

At this time, the Receivership Court has not set a deadline to file claims. Creditors will be notified if, and when, the date is set.