Life Insurance Company Guaranty Corporation of New York Home About Us FAQs Additional Info Links Terms of Use Contact Us Frequently Asked Questions      Does it matter where I live? Yes. The Life Insurance Company Guaranty Corporation of New York covers only contractual obligations owed to New York residents. A policyholder, contract holder or certificate holder is eligible if he or she was a New York resident either (1) on the date the policy, contract, or certificate was issued, or (2) on the date that the member insurer is declared impaired or insolvent. Policies and contracts purchased from New York domestic life insurers prior to August 2, 1985 may also have protection through a separate fund administered by The Life Insurance Guaranty Corporation under New York's old Life Insurance Guaranty Fund law (a copy of the law can be found in the Additional Info section) regardless of residency. Guaranty association coverage is currently provided to residents of all 50 states, Puerto Rico, and the District of Columbia through guaranty associations in each state. If you are a resident of another state, please contact your state's department of insurance for contact information for the guaranty association in your state or visit the "Facts & Figures Association Contact Info" section at www.nolhga.com for a complete list of guaranty associations. You may also want to go to the Links section of this site to determine if your state's guaranty association has a Web site. Note that guaranty association coverage varies by state. As a result, coverage provided by the Life Insurance Company Guaranty Corporation of New York Act may not be the same as coverage provided by another state's law.   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.   [ Back to FAQ list ]