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Last updated June 16, 2009
For more than 35 years, Fort Dearborn Life Insurance Company has maintained its role as one of the nations leading providers of group life insurance programs. They are the life insurance subsidiary of Health Care Service Corporation, a Mutual Legal Reserve Company and one of the largest non-investor owned health care insurance providers in the United States.
HCSC’s life insurance subsidiaries, Fort Dearborn Life Insurance Company in Illinois and Colorado Bankers Life Insurance Company in Colorado, operating as Preferred Financial Group, offer life insurance and financial products. Health Care Service Corporation (HCSC), founded in 1936, is a non-investor-owned mutual insurance company that operates the Blue Cross and Blue Shield Plans in Illinois, New Mexico, Oklahoma and Texas. With about 13 million members in its health plans, HCSC is the largest non-investor-owned health insurance company in the nation and the fourth largest health insurer overall
Fort Dearborn Life markets and administers group term life, long- and short-term disability, group dental and individual life as well as fixed and index annuity programs. Their primary focus is their group term life, because its cheaper than individual insurance, due to the fact, that it minimizes the required administrative work associated with the insurance process. Contact Fort Dearborn Life Insurance Company at: Fort Dearborn Life Insurance Company P.O. Box 655403 Dallas, TX 75265-5403 Telephone: (800) 778-2281 Sources: FDL web site, contact us, 2009; FDL website, Annuity Product Information, 2009; FDL web site, Instant Quotes, 2009; Wikipedia.com, HCSC’s page, 2009.