if Sears goes broke what about my Sears Life insurance plan?

If Sears goes bankrupt, the fate of your Sears Life insurance plan will depend on the details of your policy. It's important to understand that life insurance policies are typically backed by the insurance company, not the retailer offering the policy. So, even if Sears goes bankrupt, your life insurance policy may still be valid and in force, provided the insurance company is financially stable. However, if Sears Life insurance is underwritten by a subsidiary of Sears that goes bankrupt, the situation may be more complicated. In such a case, the policy may be transferred to another company, or the policyholders may receive a payout if the policy is no longer in force. If you have a Sears Life insurance policy, it's recommended that you review your policy documents or contact Sears Life insurance directly to understand your coverage and what may happen in the event of Sears bankruptcy. Additionally, you may want to consider shopping around for life insurance policies from other companies to ensure you have the coverage you need.