District of Columbia Life & Health Insurance Guaranty Association 1200-G Street, NW, Suite 800 / Washington, DC 20005 Home About Us FAQs Receiverships Additional Info Links Terms of Use Contact Us Frequently Asked Questions      Are all policies fully protected? If your insurance company fails, the maximum amount of protection provided up to the statutory limits provided by the District of Columbia guaranty association for each type of policy, no matter how many of that type of policy you bought from your company, is: Life Insurance Death Benefit: $300,000 per insured life, but not more than $100,000 in net cash surrender or withdrawal values. Health Insurance Benefits: $100,000 per insured life. Annuity Benefits (Present Value): $300,000 per contract owner.   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 ]