Life Insurance Company Guaranty Corporation of New York Home About Us FAQs Additional Info Links Terms of Use Contact Us Frequently Asked Questions      What contracts are covered? Generally, individual and group life insurance policies, health insurance policies, annuities, and funding agreements issued by life insurance companies licensed to do business in New York State are covered by the guaranty corporation. Such coverage is limited by the terms of the Life Insurance Company Guaranty Corporation of New York Act (a link to the Act can be found in the Additional Info section). Certain types of insurance issued by non-life insurance companies--such as automobile, homeowners, professional liability, medical malpractice, workers' compensation, etc.--may be protected by the New York Property/Casualty Insurance Security Fund. That guaranty fund can be reached at: New York Property/Casualty Insurance Security Fund c/o Liquidation Bureau, New York State Department of Insurance 123 William Street, 2nd Floor New York, NY 10038 Telephone: 212.341.6500   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 ]