Business Details
44 Years
experience
Delaware Life & Health Insurance Guaranty
Established in 1982, the Delaware Life & Health Insurance Guaranty has served as a statutory safeguard for Delaware residents facing insurance company insolvencies. Our mission is to ensure continuity of coverage and financial protection for policyholders when insurers fail, operating under the Delaware Life and Health Insurance Guaranty Association Act. Composed of all insurers licensed in Delaware, we collaborate to maintain industry stability while prioritizing policyholder interests.When a member insurer becomes insolvent, our team assumes responsibility for policy servicing and claims management, adhering strictly to statutory limits and policy terms. With over four decades of experience, we provide transparent, legally compliant solutions while maintaining up-to-date resources for both policyholders and industry partners. Our commitment to Delaware residents remains unwavering, ensuring access to critical insurance protections during times of financial uncertainty.
Services
Insurance Guaranty Protection
Policyholder Support Services
Insolvency Management
Legal Compliance Services
Claims Processing
Details
- Year established: 1982
Highlights and features
- We have operated as Delaware's statutory insurance safety net since 1982
- Our organization protects policyholders through industry-wide collaboration
- We maintain strict compliance with Delaware insurance regulations
- Our team provides transparent information about insurance protections
- We serve all Delaware residents with licensed life and health insurance policies
Services
Insurance Guaranty Protection
We provide statutory insurance protections for Delaware residents when licensed insurers become insolvent. Our service ensures continued coverage up to specified limits while maintaining compliance with Delaware law. Policyholders receive ongoing support through the liquidation process of their original insurer.
Policyholder Support Services
Our team offers comprehensive support to policyholders affected by insurer insolvencies. This includes policy review, claims processing, and detailed explanations of coverage protections under Delaware's guaranty association framework.
Insolvency Management
We manage the transition of policies from insolvent insurers to our statutory protection program. This includes coordinating with court-appointed receivers and maintaining policy continuity during the liquidation process.
Legal Compliance Services
Our organization ensures all operations align with Delaware insurance regulations and statutory requirements. We maintain updated resources to reflect current laws affecting insurance guaranty protections.
Claims Processing
We handle claims submissions and processing for policyholders of insolvent insurers. Our system ensures timely evaluation and payment of claims within statutory limits and policy terms.
People
Barry Miller
Executive Director
Barry Miller oversees the Delaware Life & Health Insurance Guaranty's operations, ensuring compliance with state regulations and effective policyholder protections.
Lisa Scott
Controller
Lisa Scott manages financial operations for the association, maintaining fiscal responsibility and accurate accounting of all insurance protection activities.
Questions
What is the Delaware Life & Health Insurance Guaranty?
We are a statutory organization created in 1982 to protect Delaware residents' life and health insurance policies when insurers become insolvent.
How does the guaranty association protect policyholders?
We provide continued coverage and claims processing for policies issued by insolvent insurers, up to statutory limits defined in Delaware insurance law.
What happens if my insurance company becomes insolvent?
When a licensed insurer becomes insolvent, we assume responsibility for policy servicing and claims management while maintaining coverage protections.
Which areas does the guaranty association serve?
We specifically protect Delaware residents holding life, health, and annuity policies with insurers licensed in the state.
