ALASKA LIFE & HEALTH INSURANCE GUARANTY

The Alaska Life & Health Insurance Guaranty Association is a statutory entity created in 1990 when the Alaska legislature enacted the the Alaska 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, health insurance, and individual annuities in the state of Alaska. 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 Alaska residents who are holders of life and health insurance policies and individual annuities with the insolvent insurer.

Also known as: Alaska Life & Health Insurance Guaranty Association

Primary location: Anchorage United States