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I have a policy of a kind excluded from guaranty association protection. What happens to my claim for benefits if my insurer becomes insolvent?

April 26, 2017Association Benefits claim excluded Guaranty happens insolvent insurer policy

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I have a policy of a kind excluded from guaranty association protection. What happens to my claim for benefits if my insurer becomes insolvent?

1 Answer

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10 Posted

You will likely become a creditor in the receivership or liquidation proceeding of the insurer and will receive notices from the court-appointed receiver.