Virginia Life, Accident, & Sickness Insurance Guaranty Association
8001 Franklin Farms Drive / Suite 235 / Richmond, VA 23229
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Frequently Asked Questions   Virginia Life, Accident, & Sickness Insurance Guaranty Association
01.  What happens when my insurance company goes out of business?
02.  How is policy coverage determined?
03.  What is the Virginia Life, Accident & Sickness Insurance Guaranty Association?
04.  Who is protected?
05.  Does it matter where I live?
06.  What contracts are covered?
07.  Are all policies fully protected?
08.  Is long-term-care insurance covered by the guaranty association?
09.  For example, if I own three annuities worth $100,000 each and my insurance company fails, how much is protected?
10.  What will happen to my insurance coverage if the guaranty association becomes liable for my policy?
11.  When might the guaranty association provide benefits?
12.  What is NOT protected by the guaranty association?
13.  How will I know if my life or health insurance company has failed or is unable to fulfill its obligations to its policyholders?
14.  How can I find out if my company is licensed in Virginia?
15.  Why hasn't my agent or company told me more about the Virginia Life, Accident & Sickness Insurance Guaranty Association?