Questions & Answers > Policyholders > What impact does the Plan of Rehabilitation have on policyholders in the Segregated Account who have not made any claims under their policies?
The following questions and answers are provided to the general public for informational purposes only. They are not legal documents and do not bind the Segregated Account of Ambac Assurance Corporation, the Office of the Commissioner of Insurance, or the Rehabilitator to any position or interpretation of the rehabilitation court's orders in these proceedings, now or in the future. Interested parties should review the court documents available on this site and consult their own legal counsel with any questions they may have regarding any effect this rehabilitation proceeding may have on their legal rights and obligations.
Search the FAQ for entries containing:All policies will continue in force; however, OCI anticipates that any claims arising in the future will be payable partially in cash and partially in deferred payment obligations pursuant to the Plan of Rehabilitation, once it is approved.
Last updated on March 24, 2010 by Ambac Policyholders Administrator
