California Life & Health Insurance Guarantee Association
PO Box 16860 / Beverly Hills, CA 90209-3319
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Frequently Asked Questions   California Life & Health Insurance Guarantee Association
01.  What happens when my insurance company goes out of business?
02.  How is policy coverage determined?
03.  What is the California Life & Health Insurance Guarantee Association?
04.  What protection do I have if my life or health insurance company becomes insolvent?
05.  What kinds of insurance policies does the Guarantee Association protect?
06.  How is protection provided?
07.  What kinds of plans, policies, and benefits are not protected by the Guarantee Association?
08.  Are covered life insurance and annuity policies fully protected?
09.  I have a $250,000 life insurance policy. If I die after my insurance company becomes insolvent, what will my beneficiary receive?
10.  The cash surrender value of my life insurance policy is $135,000. If my company becomes insolvent, how much will be protected?
11.  If I bought three annuities each worth $100,000 from a company that becomes insolvent, how much is protected?
12.  My spouse and I each have an annuity contract worth $75,000. Does the $100,000 limit apply to us jointly?
13.  Is my claim against the insolvent insurer affected by the Guarantee Association?
14.  Does the Guarantee Association protect my Individual Retirement Annuity (IRA)?
15.  Are covered health insurance policies fully protected?
16.  I have life and health insurance coverage through my employer. Am I protected?
17.  How will I know if my life or health insurance company has become insolvent?
18.  How long will I have to wait to receive the protection provided by the Guarantee Association?
19.  Where does the Guarantee Association get the money to provide this protection?
20.  Does it matter where I live?
21.  What if I move to another state after buying insurance?
22.  I am a resident of California and I have a policy issued by an insurance company that is not licensed in California. Will I receive protection if this insurance company becomes insolvent?
23.  How can I find out if my company is licensed in California?
24.  Why hasn't my agent or company told me more about the Guarantee Association?
25.  How can I get more information about the Guarantee Association?