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Illinois Life & Health Insurance Guaranty Association
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8420 W. Bryn Mawr Avenue, Suite 550 / Chicago, IL 60631-3404 |
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Frequently Asked Questions  |
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When are the duties of the Association triggered? The Association's obligations are triggered when a member insurer of the Association becomes insolvent and is placed under a final court order of liquidation, rehabilitation or conservation. The Association's obligations may also be triggered in certain instances when a non-member insurer that assumed direct policy obligations from a member insurer becomes insolvent. |
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| NOTE: This information is not intended as legal advice, and no liability is assumed in connection with its use. The applicable state guaranty association statute is the controlling authority, regardless of any information presented on this site. Users should seek advice from a qualified attorney and should not rely on this compilation when considering any questions relating to guaranty association coverage. |
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