|
|
|
|
|
|
|
California Life & Health Insurance Guarantee Association
|
|
PO Box 16860 / Beverly Hills, CA 90209-3319 |
|
|
|
|
|
|
|
|
Frequently Asked Questions  |
| |
The cash surrender value of my life insurance policy is $135,000. If my company becomes insolvent, how much will be protected?
You will be entitled to receive protection from the Guarantee Association in an amount up to $100,000 (80% of $135,000 or $108,000, then reduced to the maximum benefit of $100,000). Interest rate adjustments could further reduce the amount you are entitled to recover. |
| |
| 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. |
|
| |
| [ Back to FAQ list ] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
