State Guaranty Associations Reference and Resource Center

Search our data table to quickly learn the State Guaranty Association coverage for your state as well as their contact information.

State guaranty associations

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Fixed Rates

4.75%
2 Year

5.53%
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5.80%
5 Year

5.35%
10 Year

What are State Guaranty Associations?

State guaranty associations provide a safety net for their state’s policyholders, ensuring that they continue to receive coverage (up to the limits spelled out by state law) even if their insurer is declared insolvent.

Working together through the National Organization of Life & Health Insurance Guaranty Associations (NOLHGA), the state guaranty associations protect insurance consumers all across America in their time of need.

There are many issues, too numerous to describe here, which determine the type and extent of coverage available. You are advised to consult your state insurance department for details about any policy you consider purchasing. 

Another source of information is the National Organization of Life and Health Insurance Guaranty Associations (NOLHGA, 13873 Park Center Road, Suite 329, Herndon, VA).

State Guaranty Associations Coverage Limits by State

State Guaranty Associations Coverage Limits and Contact Information by State

State Guaranty AssociationWebsiteMax for PV of AnnuityMax for DB on One LifeMax Liability for Cash Value of Life PolicyMax Aggregate BenefitsPhone #
Alabamaallifega.org$250,000 $300,000 $100,000 $300,000 205.879.2202
Alaskaaklifega.org$100,000 $300,000 $100,000 $300,000 907.243.2311
Arizonaid.state.az.us$250,000 $300,000 $100,000 $300,000 602.364.3863
Arkansasarlifega.org$300,000 $300,000 $300,000 $300,000 501.375.9151
Californiacalifega.org80% up to $250,00080% up to $300,000 80% up to $100,00080% up to $300,000 323.782.0182
Coloradocolorado.lhiga$250,000 $300,000 $100,000 $300,000 303.292.5022
Connecticutctlifega.org$500,000 $500,000 $500,000 $500,000 844.425.4442
Delawaredelifega.org$250,000 $300,000 $100,000 $300,000 302.456.3656
Dist. of Col.dclifega.org$300,000 $300,000 $100,000 $300,000 202.434.8771
Floridaflahiga.org$250,000 $300,000 $100,000 $300,000 904.398.3644
Georgiagaiga.org$250,000 $300,000 $100,000 $300,000 770.621.9835
Hawaiihilifega.org$100,000 $300,000 $100,000 $300,000 808.528.5400
Idahoidlifega.org$250,000 $300,000 $100,000 $300,000 208.378.9510
Illinoiswww.ilhiga.org/$250,000 $300,000 $100,000 $300,000 773.714.8050
Indianainlifega.org$250,000$300,000 $100,000 $300,000 317.636.8204
Iowaialifega.org$250,000 $300,000 $100,000 $300,000 515.248.5712
Kansaskslifega.org$250,000 $300,000 $100,000 $300,000 785.271.1199
Kentuckyklhiga.org$250,000 $300,000 $100,000 $300,000 502.895.5915
Louisianalalifega.org$250,000 $300,000 $100,000 $500,000 225.381.0656
Mainemelifega.org$250,000 $300,000 $100,000 $300,000 207.633.1090
Marylandmdlifega.org$250,000 $300,000 $100,000 $300,000 410.998.3907
Massachusettsmalifega.org$250,000 $300,000 $100,000 $300,000 413.744.8483
Michiganmilifega.org$250,000 $300,000 $100,000 $300,000 517.339.1755
Minnesotamnlifega.org$250,000 $500,000 $130,000 $500,000 651.407.3149
Mississippimslifega.org$100,000 $300,000 $100,000 $300,000 601.981.0755
Missourimo-iga.org$100,000 $300,000 $100,000 $300,000 573.634.8455
Montanamtlifega.org$250,000 $300,000 $100,000 $300,000 262.965.5761
Nebraskanelifega.org$250,000 $300,000 $100,000 $300,000 402.474.6900
Nevadanvlifega.org$250,000 $300,000 $100,000 $300,000 775.329.6171
New Hampshirenhlifega.org$100,000 $300,000 $100,000 $300,000 603.472.3734
New Jerseynjlifega.org$100,000 $500,000 $100,000 $500,000 732.345.5200
New Mexiconmlifega.org$250,000 $300,000 $100,000 $300,000 505.820.7355
New Yorknylifega.org$500,000 $500,000 $500,000 $500,000 212.202.4243
No. Carolinanclifega.org$300,000 $300,000 $300,000 $300,000 919.833.6838
North Dakotandlifega.org$250,000 $300,000 $100,000 $300,000 701.235.4108
Ohioolhiga.org$250,000 $300,000 $100,000 $300,000 614.442.6601
Oklahomaoklifega.org$300,000 $300,000 $100,000 $300,000 405.272.9221
Pennsylvaniaorlifega.org$100,000 $300,000 $100,000 $300,000 610.975.0572
Puerto Ricopalifega.org$100,000 $300,000 $100,000 $300,000 787.765.2095
Rhode Islandrilifega.org$250,000 $300,000 $100,000 $300,000 401.273.2921
So. Carolinasclifega.org$300,000 $300,000 $300,000 $300,000 803.276.0271
South Dakotasdlifega.org$250,000 $300,000 $100,000 $300,000 605.336.0177
Tennesseetnlifega.org$250,000 $300,000 $100,000 $300,000 615.242.8758
Texastxlifega.org$250,000 $300,000 $100,000 $300,000 512.476.5101
Utahutlifega.org$200,000 $500,000 $200,000 $500,000 801.572.5067
Vermontvtlifega.org$250,000 $300,000 $100,000 $300,000 802.249.0284
Virginiavalifega.org$250,000 $300,000 $100,000 $350,000 804.282.2240
Washingtonwalifega.org$500,000 $500,000 $500,000 $500,000 360.426.6744
West Virginiawvlifega.org$250,000 $300,000 $100,000 $300,000 304.733.6904
Wisconsinwilifega.org$300,000 $300,000 $300,000 $300,000 608.242.9473
Wyomingwyiga.org$250,000 $300,000 $100,000 $500,000 303.292.5022

Insurance Company Ratings are Important

If you are shopping for a fixed annuity or income annuity it is important to not only look at the annuity rate of the annuity but also at the financial rating of the insurance company offering the product.

You may not hear a lot about the state guaranty associations as most states restrict advisers from talking about them.  Regardless, knowing the maximum amount your state guaranty association would cover may be something good to be aware of.

Every state has a State Guaranty Association to help pay the claims of financially impaired insurance companies.

State laws specify the lines of insurance covered by these funds and the dollar limits payable. The details presented on this page are intended to be used for general information purposes only.

Disclaimer: Provided for informational purposes only and not for the purpose of sales, solicitation, or inducement to purchase any annuity product. My Annuity Store, Inc. is not responsible for the accuracy of this information. If you wish to confirm these coverages prior to making an annuity purchase, please call your state insurance department.

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