Bar Association Group Life Insurance Investment Policy
TERMINATION NOTICE: The group term life insurance policy will terminate effective 11/5/2024 in accordance with the insurance company’s right to terminate under the group policy’s termination provision. All remaining insureds will receive a termination letter in September 2024 with an option to convert their coverage to a $5,000 individual whole life insurance policy. A request to convert must be made within 31 days from the date the group policy terminates and must be received by the insurance company no later than December 5, 2024.
Periodically, the Association receives requests for information about the Bar Association Group Life Insurance Investment Policy. Although enrollment is no longer available, there may be people who were covered by policies issued in the 1950s.
The policy was established in 1950, endorsed by the “Roanoke Signatory Bar Association,” and was underwritten by Northwestern National Life Insurance Company. The original trustee was Richard Viar and then Philip Coulter. The original policy administrator was The Patrick Company; prior to the group policy termination, administration was done by Insurance Specialists, Inc. The Roanoke Bar Association does not maintain any records or have any information about these policies. Below is contact information if should you have questions concerning a policy:
Service Department
Insurance Specialists, Inc. (ISI)
P.O. Box 588
Beaufort, SC 29901
(800) 451-0883
service@isidirect.com