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Would my insurance and annuity policies have been protected had AIG been declared insolvent and ordered to be liquidated by a court?

April 26, 2017aig Annuity Court declared insolvent Insurance liquidated ordered policies protected

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Would my insurance and annuity policies have been protected had AIG been declared insolvent and ordered to be liquidated by a court?

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There are guaranty funds in place in all states which act as a safety net in the event an insurer becomes insolvent. For more information on Michigan’s guaranty funds, visit: Michigan Property and Casualty Guaranty Association: http://www.mpcga.comand Michigan Life & Health Insurance Guaranty Association: http://www.milifega.org/links.cf.

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There are guaranty funds in place in all states which act as a safety net in the event an insurer becomes insolvent. You may obtain information about your state’s guaranty funds by contacting your state insurance department.