CONNECTICUT LIFE AND HEALTH INSURANCE GUARANTY

The Connecticut Life and Health Insurance Guaranty Association is a statutory entity created in 1972 when the Connecticut legislature enacted the Connecticut Life and Health Insurance Guaranty Association Act (P.A. 280). The guaranty association is composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the state of Connecticut. In addition, effective July 1, 2018, healthcare centers authorized to issue any kind of insurance in Connecticut or conduct any healthcare business became members of the Association. 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 Connecticut residents who are holders of life and health insurance policies; individual annuities; and, effective July 1, 2018, healthcare center subscriber contracts and certificates with the..

Also known as: Connecticut Life, Connecticut Life and Health Insurance Guaranty Association

Primary location: New Market United States