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What contracts are covered by the Guaranty Association?

April 26, 2017Association contracts Covered Guaranty

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What contracts are covered by the Guaranty Association?

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As a general rule, direct non-group life, health or annuity policies or contracts and supplemental contracts to any of these as well as certificates under direct group policies and contracts are covered, except as limited by the Nebraska Life and Health Insurance Guaranty Association Act (Act). Covered annuity contracts and certificates under group annuity contracts include allocated funding agreements, structured settlement annuities and immediate or deferred annuity contracts.