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Why hasn my agent or company told me more about the Virginia Life, Accident & Sickness Insurance Guaranty Association?

April 26, 2017Accident agent Association COMPANY Guaranty Insurance life SICKNESS Virginia

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Why hasn my agent or company told me more about the Virginia Life, Accident & Sickness Insurance Guaranty Association?

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The law prohibits insurance agents and companies from using the Virginia guaranty association in any advertising or sales situation. The guaranty association is not and should not be a substitute for your prudent selection of an insurance company that is well managed and financially strong. Agents are prohibited by statute from using the existence of the guaranty association as an inducement to purchase insurance. For more information, see our Advertising Prohibition on the home page.