Welcome to the Iowa Life & Health Insurance Guaranty Association ("Guaranty Association") website. We hope you find this site helpful in providing information regarding the purpose of the Guaranty Association and how it protects resident policyholders in the event of an insurance company insolvency. The information provided in this website is general in nature and may not address a specific policy or issue. The intent of this website is to provide, in non-technical language, information about the Guaranty Association. The terms and coverage of insurance products are very diverse and, as a result, it is difficult to make general statements about Guaranty Association coverage without reviewing a specific contract. The generalized information provided in this website should not be relied upon as legal advice. If you have specific legal questions regarding these issues, please consult a qualified legal counselor. In addition, please refer to the Iowa Life and Health Insurance Guaranty Association Act (“Guaranty Association Act”), Iowa Code Chapter 508C, for specific information regarding coverage of the Guaranty Association.
On November 30, 2024, guaranty associations were activated to provide coverage to CBL and BLIC policyholders. Policyholders are encouraged to visit https://www.nolhga.com/globalbankers for more information.
On May 20, 2024, PHL Variable Insurance Company was placed in rehabilitation by the Connecticut Insurance Commissioner. For more information, please refer to the Frequently Asked Questions.