State Guaranty Associations Protection For Long-Term Care Insurance

State Guaranty Associations Protection For Long-Term Care Insurance

Everyone who has money in a bank has heard of the FDIC (Federal Deposit Insurance Corporation) which protects your deposits in case the bank fails. Simply stated, it is insurance paid for by all banks (or really the depositors).

Consumers who purchase insurance have similar protection. But few people are aware of these guarantees that apply to insurance - including long-term care insurance protection. This webpage gives a simple explanation including limits of the guarantees. We also provide phone numbers and links to websites for the various State Departments of Insurance.

STATE GUARANTY ASSOCIATIONS PROTECT CONSUMERS

Each state operates an insurance Guaranty Association (this is the equivalent of the insurance industry's FDIC). Actually each state has two Associations -- one for life and health insurance and a second for 'property and casualty (car, home) insurance. Should an insurance company fail, policyholders are protected up to certain limits. Every insurance company that sells policies in the State is assessed a fee to cover any costs. They must pay the fee.

If you own a long-term care insurance policy, the State Guaranty Association for the state where you reside protects your benefits up to set limits that can be as much as $500,000. This is added protection that should give you some added peace of mind.

WHY NOT REQUEST A FREE LONG-TERM CARE INSURANCE QUOTE

If you do not currently own long-term care insurance, why not request a free, no-obligation quote comparison from leading insurers: Click here to complete our simple online questionnaire.  Get the best coverage for the lowest cost. Connect with an American Association for Long-Term Care Insurance member now.

State Guaranty Associations - LTCi Limits - Department of Insurance Contacts



Alabama Department of Insurance

State Guaranty Limit: $100,000
Phone: 334-269-3550
Web: Alabama Department of Insurance

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Alaska Department of Insurance

State Guaranty Limit: $100,000
Phone: 907-465-2525
Web: Alaska Department of Insurance

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Arizona Department of Insurance

State Guaranty Limit: $100,000
Phone: 602-912-8400
Web: Arizona Department of Insurance

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Arkansas Department of Insurance

State Guaranty Limit: $100,000
Phone: 501-371-2600
Web: Arkansas Department of Insurance

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California Department of Insurance

State Guaranty Limit: $80,000
Phone: 916-492-3500
Web: California Department of Insurance

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Colorado Department of Insurance

State Guaranty Limit: $300,000
Phone: 303-894-7499
Web: Colorado Department of Insurance

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Connecticut Department of Insurance

State Guaranty Limit: $100,000
Phone: 860-297-3802
Web: Connecticut Department of Insurance

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Delaware Department of Insurance

State Guaranty Limit: $100,000
Phone: 302-739-4251
Web: Delaware Department of Insurance

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District of Columbia Department of Insurance

State Guaranty Limit: $100,000
Phone: 202-727-8000
Web: District of Columbia Department of Insurance

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Florida Department of Insurance

State Guaranty Limit: $100,000-$300,000
Phone: 850-922-3101
Web: Florida Department of Insurance

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Georgia Department of Insurance

State Guaranty Limit: $100,000
Phone: 404-656-2056
Web: Georgia Department of Insurance

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Hawaii Department of Insurance

State Guaranty Limit: $100,000
Phone: 808-586-2790
Web: Hawaii Department of Insurance

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Idaho Department of Insurance

State Guaranty Limit: $100,000 - $300,000
Phone: 208-334-4250
Web: Idaho Department of Insurance

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Illinois Department of Insurance

State Guaranty Limit: $100,000
Phone: 217-785-0116
Web: Illinois Department of Insurance

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Indiana Department of Insurance

State Guaranty Limit: $100,000
Phone: 317-232-2385
Web: Indiana Department of Insurance

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Iowa Department of Insurance

State Guaranty Limit: $100,000
Phone: 515-281-5705
Web: Iowa Department of Insurance

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Kansas Department of Insurance

State Guaranty Limit: $100,000
Phone: 785-296-3071
Web: Kansas Department of Insurance

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Kentucky Department of Insurance

State Guaranty Limit: $100,000
Phone: 502-564-6027
Web: Kentucky Department of Insurance

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Louisiana Department of Insurance

State Guaranty Limit: $100,000
Phone: 225-342-5423
Web: Louisiana Department of Insurance

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Maine Department of Insurance

State Guaranty Limit: $100,000
Phone: 207-624-8475
Web: Maine Department of Insurance

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Maryland Department of Insurance

State Guaranty Limit: $100,000
Phone: 410-468-2090
Web: Maryland Department of Insurance

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Massachusetts Department of Insurance

State Guaranty Limit: $100,000
Phone: 617-521-7794
Web: Massachusetts Department of Insurance

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Michigan Department of Insurance

State Guaranty Limit: $100,000
Phone: 517-373-9273
Web: Michigan Department of Insurance

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Minnesota Department of Insurance

State Guaranty Limit: $100,000 - $300,000
Phone: 651-296-6848
Web: Minnestota Department of Insurance

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Mississippi Department of Insurance

State Guaranty Limit: $100,000
Phone: 601-359-3569
Web: Mississippi Department of Insurance

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Missouri Department of Insurance

State Guaranty Limit: $100,000
Phone: 573-751-4126
Web: Missouri Department of Insurance

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Montana Department of Insurance

State Guaranty Limit: $100,000
Phone: 406-444-2040
Web: Montana Department of Insurance

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Nebraska Department of Insurance

State Guaranty Limit: $100,000
Phone: 402-471-2201
Web: Nebraska Department of Insurance

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Nevada Department of Insurance

State Guaranty Limit: $100,000
Phone: 775-687-4270
Web: Nevada Department of Insurance

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New Hampshire Department of Insurance

State Guaranty Limit: $100,000
Phone: 603-271-2261
Web: New Hampshire Department of Insurance

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New Jersey Department of Insurance

State Guaranty Limit: $100,000 - $500,000
Phone: 973-623-3989
Web: New Jersey Department of Insurance

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New Mexico Department of Insurance

State Guaranty Limit: $100,000
Phone: 505-827-4601
Web: New Mexico Department of Insurance

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New York Department of Insurance

State Guaranty Limit: $500,000
Phone: 212-480-2289
Web: New York Department of Insurance

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North Carolina Department of Insurance

State Guaranty Limit: $300,000
Phone: 919-733-7349
Web: North Carolina Department of Insurance

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North Dakota Department of Insurance

State Guaranty Limit: $100,000
Phone: 701-328-2440
Web: North Dakota Department of Insurance

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Ohio Department of Insurance

State Guaranty Limit: $100,000
Phone: 614-644-2658
Web: Ohio Department of Insurance

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Oklahoma Department of Insurance

State Guaranty Limit: $300,000
Phone: 405-521-2828
Web: Oklahoma Department of Insurance

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Oregon Department of Insurance

State Guaranty Limit: $100,000
Phone: 503-947-7980
Web: Oregon Department of Insurance

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Pennsylvania Department of Insurance

State Guaranty Limit: $100,000
Phone: 717-783-0442
Web: Pennsylvania Department of Insurance

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Rhode Island Department of Insurance

State Guaranty Limit: $100,000
Phone: 401-222-2223
Web: Rhode Island Department of Insurance

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South Carolina Department of Insurance

State Guaranty Limit: $300,000
Phone: 803-737-6160
Web: South Carolina Department of Insurance

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South Dakota Department of Insurance

State Guaranty Limit: $100,000
Phone: 605-773-3563
Web: South Dakota Department of Insurance

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Tennessee Department of Insurance

State Guaranty Limit: $100,000
Phone: 615-741-2241
Web: Tenbnessee Department of Insurance

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Texas Department of Insurance

State Guaranty Limit: $100,000
Phone: 512-463-6464
Web: Texas Department of Insurance

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Utah Department of Insurance

State Guaranty Limit: $200,000
Phone: 801-538-3800
Web: Utah Department of Insurance

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Vermont Department of Insurance

State Guaranty Limit: $100,000
Phone: 802-828-3301
Web: Vermont Department of Insurance

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Virginia Department of Insurance

State Guaranty Limit: $100,000
Phone: 804-371-9741
Web: Virginia Department of Insurance

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Washington Department of Insurance

State Guaranty Limit: $500,000
Phone: 360-753-7301
Web: Washington Department of Insurance

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West Virginia Department of Insurance

State Guaranty Limit: $100,000
Phone: 304-558-3394
Web: West Virginia Department of Insurance

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Wisconsin Department of Insurance

State Guaranty Limit: $300,000
Phone: 608-267-1233
Web: Wisconsin Department of Insurance

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Wyoming Department of Insurance

State Guaranty Limit: $100,000
Phone: 307-777-7401
Web: Wyoming Department of Insurance

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The American Association for Long-Term Care Insurance provides this information as a public service. Information may have changed since posted. The Association does not provide tax or legal advice.