Business Details
50+ Years
experience
Your Trusted Insurance Protection Partner in Connecticut
Established in 1972, our organization operates as a statutory entity mandated by Connecticut law to protect resident policyholders in cases of insurance company insolvency. We serve as a safety net for Connecticut residents holding life insurance, health insurance, individual annuities, and healthcare center subscriber contracts. Our statutory authority enables us to assume responsibility for servicing policies and providing coverage up to legal limits when member insurers become insolvent. Governed by the Connecticut Life and Health Insurance Guaranty Association Act, we work under court supervision to ensure policyholders receive appropriate protections.Our operations are guided by statutory requirements and the specific terms of policies at the time of insolvency. We maintain strict adherence to legal frameworks while providing information about our services through this website. While we strive to keep our resources current, statutory law governs all determinations. This organization exists to provide critical support during times of financial distress for insurance providers, ensuring Connecticut residents maintain essential coverage protections.
Services
Insurance Insolvency Protection
Policyholder Coverage
Life Insurance Guaranty
Health Insurance Protection
Annuity Coverage
Healthcare Contract Guaranty
Details
- Year established: 1972
Highlights and features
- We have operated under Connecticut law since 1972 protecting policyholders
- Our statutory authority covers life, health, and annuity insurance protections
- We work under court supervision during insurance company liquidations
- Our protections extend to healthcare center subscriber contracts since 2018
- We maintain compliance with Connecticut General Statutes and legal requirements
Services
Insurance Insolvency Protection
We provide statutory protections for Connecticut residents when licensed insurers become insolvent. Our services ensure continued coverage for life insurance policies, health insurance plans, and annuity contracts. We operate under court supervision to protect policyholders up to legal limits established by Connecticut law.
Healthcare Contract Guaranty
Since July 1, 2018, we extend protections to healthcare center subscriber contracts. Our services cover healthcare coverage agreements when member insurers face liquidation. We ensure Connecticut residents maintain access to essential medical services during insurance company insolvencies through statutory mandates.
Policyholder Coverage
We maintain insurance coverage continuity for Connecticut residents during insurer liquidations. Our services include policy servicing and claims processing for life, health, and annuity products. We operate under statutory authority to protect policyholder interests during financial distress situations.
Annuity Coverage
We provide protection for individual annuity contracts up to statutory limits. Our services ensure annuity holders maintain financial security when licensed insurers become insolvent. We administer these protections under Connecticut General Statutes and court supervision.
Life Insurance Guaranty
We guarantee life insurance death benefits up to specified limits. Our services protect beneficiaries when member insurers face liquidation. We administer life insurance protections according to Connecticut law and policy terms at the time of insolvency.
Questions
What does the Connecticut Life and Health Insurance Guaranty Association do?
We provide statutory protection for Connecticut policyholders when licensed insurers become insolvent, covering life insurance, health insurance, annuities, and healthcare contracts up to legal limits.
When was the organization established?
Our statutory authority was created by the Connecticut Life and Health Insurance Guaranty Association Act in 1972.
What types of insurance does the association cover?
We cover life insurance, accident and health insurance, individual annuities, and since 2018, healthcare center subscriber contracts.
How does the protection process work?
When an insurer becomes insolvent, we assume responsibility for policyholder protections under court supervision and statutory guidelines.
Are there coverage limits?
Yes, protections are provided up to the limits specified in the Connecticut Life and Health Insurance Guaranty Association Act.
How can policyholders get information about claims?
Contact us directly through our official website or phone number for specific information about coverage and claims processes.
