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      What is NOT protected by the guaranty association? Policies with insurers never licensed to do business in District of Columbia or that did not have a license to do business in the District of Columbia at the time the policy was issued; Health Maintenance Organization (HMO) contracts; policy benefits the insurer does not guarantee or for which the policyholder bears the risk (such as the non-guaranteed portion of a variable life insurance or annuity contract); self-insured employer plans; interest rate yields that exceed an average rate; and fraternal benefit society. Certain, less commonly known insurance policies and arrangements not listed here are also not protected: for example, a mandatory state pooling plan, a risk retention group or captive insurance company, a mutual assessment company or any entity that operates on an assessment basis, an insurance exchange, or any entity similar to any of those above. If you are unsure about whether your policy is excluded from guaranty association protection, you should review the current Guaranty Association Act (see the Link in the Additional Info section).   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 ]