Welcome to the District of Columbia Life & Health Insurance Guaranty Association ("guaranty association") Web site. We hope you find this site helpful in providing information regarding the purpose of the guaranty association and how it protects resident policyholders in the event of an insurance company insolvency. The Annual Meeting of the Membership of the Association will be held virtually at 11:00 a.m.
Members - For fast and easy reporting of changes to all impacted GAs, visit the NOLHGA State Life and Health Insurance Guaranty Association member company address update portal.
Members - For fast and easy reporting of changes to all impacted GAs, visit the NOLHGA State Life and Health Insurance Guaranty Association member company address update portal.
Services
The District of Columbia Life & Health Insurance Guaranty Association is a statutory entity created in 1992 when the DC Government's City Council enacted the District of Columbia Guaranty Association Act.
The guaranty association is composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the District of Columbia.
In the event that a member insurer is found to be insolvent and is ordered to be liquidated by a court, the Guaranty Association Act enables the guaranty association to provide protection (up to the limits spelled out in the Act) to District of Columbia residents who are holders of life and health insurance policies and individual annuities with the insolvent insurer.
The guaranty association is composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the District of Columbia.
In the event that a member insurer is found to be insolvent and is ordered to be liquidated by a court, the Guaranty Association Act enables the guaranty association to provide protection (up to the limits spelled out in the Act) to District of Columbia residents who are holders of life and health insurance policies and individual annuities with the insolvent insurer.
In most cases, a guaranty association will continue coverage as long as premiums are paid or cash value exists.
It may do this directly, or, most often, it may transfer the policy to another insurance company.
In any case, policyholders should continue making premium payments to keep their coverage in force.
Coverage is determined by District of Columbia law and policy language at the time the guaranty association is activated to provide protection (when the member insurer is found to be insolvent and ordered liquidated by a court).
It may do this directly, or, most often, it may transfer the policy to another insurance company.
In any case, policyholders should continue making premium payments to keep their coverage in force.
Coverage is determined by District of Columbia law and policy language at the time the guaranty association is activated to provide protection (when the member insurer is found to be insolvent and ordered liquidated by a court).
Below is a list of insurance company insolvencies for which the District of Columbia guaranty association has been activated to provide protection to District of Columbia policyholders.
Please be advised: this list may not include every insolvent insurer that has affected the District's policyholders.
You may be able to find additional information at the District of Columbia Department of Insurance, Securities and Banking.
Please be advised: this list may not include every insolvent insurer that has affected the District's policyholders.
You may be able to find additional information at the District of Columbia Department of Insurance, Securities and Banking.
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