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I have a similar situation a very old policy from 1934 paid up whole life insurance from the same company. I learned that Monumental Life Insurance bought SOME of state capital's life insurance policies....i'm currently searching now for another company that bought SOME of state's policies also...monumental had no record of my policy number.

here is the claim form i used online with monumental: https://www.monlife.com/ml/LifeClaimFrm.asp

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Q: Policy bought by your father in 1954 State capital life insurance companyRaleighNC Is it still of any value?
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How much is life insurance bought in 1995 worth today?

Usually - as much as it was agreed upon at the time when the insurance was bought. When we buy an insurance policy, a maturity value is usually mentioned in the policy document. So, in all probabilities your insurance policy is worth as much as mentioned in the document. Also, since it has been 17 years since the policy was taken, it is possible that the policy has expired or lapsed. In that case, the policy is worthless today.


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Yes, I have one that my parents bought me around 1952. I've tried to find out if the policy is good but am told it is not. SO!!! My parents paid the premiums and now it is worthless. It was not much but I feel they were cheated. Not happy!

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