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Maryland Life & Health Insurance Guaranty Corporation
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9199 Reisterstown Road / Suite 216 C / Owings Mills, MD 21117 |
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Frequently Asked Questions  |
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What happens when my insurance company becomes insolvent?
In most cases, the Guaranty Corporation will continue coverage as long as premiums are paid or cash value exists. It may do this directly, or, most often, it may transfer the policy to another insurance company. In any case, policyholders should continue making premium payments to keep their coverage in force. |
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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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