Learning that your life or health insurance company is in trouble can be frightening, but policyholders should take comfort in knowing that state guaranty associations are there to provide protection and continuing coverage. The guaranty system safety net helps keep the promises of the insurance industry, even when companies fail.

Since NOLHGA was created in 1983, state guaranty associations have:

• Provided protection to more than 2.85 million policyholders
• Guaranteed more than $25.88 billion in coverage benefits
• Contributed approximately $9.21 billion toward the fulfillment of insurer promises

Coverage is coordinated on a state-by-state basis, so policyholders should contact their state’s association with any questions or concerns. The drop-down menu below will take you to your state association’s website.

If you would like to learn more about how the guaranty system safety net operates, please click on the links to the right. The “Facts & Figures” section also has a wealth of information on the financial and legal underpinnings of the system. Please note that NOLHGA’s member associations cover life and health insurance only. States also have guaranty funds for property and casualty insurance, and their national organization is the National Conference of Insurance Guaranty Funds.