Welcome to the Louisiana 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.
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The Louisiana Life & Health Insurance Guaranty Association is a statutory entity created in 1991 when the Louisiana legislature enacted the Louisiana Guaranty Association Act (a copy of 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 Louisiana.
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.
Below is a list of insurance company insolvencies for which the Louisiana guaranty association has been activated to provide protection to Louisiana policyholders. Please be advised: this list may not include every insolvent insurer that has affected this state's policyholders. You may be able to find additional information at the Louisiana Department of Insurance.
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