Who took over policies for Allied Bankers Life Insurance Policies?

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Asked April 13, 2017

1 Answer


Allied Bankers Life Insurance Company was a subsidiary of the now-defunct Fidelity Bank, which was acquired by the Fifth Third Bancorp in 1994. When Fidelity Bank was acquired, the insurance policies of Allied Bankers were transferred to Fidelity Bank's insurance subsidiary, Fidelity Financial Life Insurance Company. After the acquisition, Fidelity Financial Life Insurance Company took over the policies of Allied Bankers Life Insurance policies, and it became responsible for administering them. Fidelity Financial Life Insurance Company continued to operate under the Fidelity Bank name until 2003 when it was renamed Fifth Third Bank. Today, Fifth Third Insurance Agency, a subsidiary of Fifth Third Bank, offers a variety of insurance products, including life insurance, to customers. However, it is important to note that policies originally issued by Allied Bankers Life Insurance Company are likely to have been terminated or matured by now, as the company ceased operations in the early 1990s.

Answered April 24, 2017 by midtermquote

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