DELAWARE LIFE & HEALTH INSURANCE GUARANTY

The Delaware Life & Health Insurance Guaranty Association is a statutory entity created in 1982 when the Delaware legislature enacted the Delaware Life and Health Insurance Guaranty Association Act (a link to the Act can be found in the Additional Info section). The guaranty association is composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the state of Delaware. 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 Delaware residents who are holders of life and health insurance policies and individual annuities with the insolvent insurer.

Also known as: Delaware Life & Health Insurance Guaranty Association

Primary location: Newark United States