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What is the South Carolina Life and Accident and Health Insurance Guaranty Association (SCLAHIGA)?

April 26, 2017Accident Association Guaranty health insurance life sclahiga south carolina

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What is the South Carolina Life and Accident and Health Insurance Guaranty Association (SCLAHIGA)?

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SCLAHIGA is an association of insurance companies that are licensed to sell life insurance, health insurance and annuities in South Carolina. As a condition of doing business in this state, companies licensed to write life and/or health insurance or annuities must be a member. The Association was created by the state legislature in 1972 to protect the residents of this state, with certain limitations, from the financial failure of one of its member companies.