Indiana Life and Health Insurance Guaranty Association
8777 Purdue Road / Suite 360 / Indianapolis, IN 46268
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Frequently Asked Questions   Indiana Life and Health Insurance Guaranty Association
 
What happens if my insurance company is found insolvent and is ordered liquidated?
Assuming the insurance company is a member of the Indiana Association, in most cases, the Indiana Association will continue life, health, and annuity coverage (up to statutory limits) for Indiana residents as long as premiums are paid, cash value exists, and/or the Indiana Association has not terminated or non-renewed coverage in accordance with applicable policy provisions. The Indiana Association may provide coverage directly or it may transfer the policy to another, solvent insurance company.
 
NOTE: This information is not intended as legal advice, and no liability is assumed in connection with its use. The applicable state guaranty association statute is the controlling authority, regardless of any information presented on this site. Users should seek advice from a qualified attorney and should not rely on this compilation when considering any questions relating to guaranty association coverage.
 
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