Kansas Life & Health Insurance Guaranty Association 2909 SW Maupin Lane / Topeka, KS 66614-5335 Home About Us FAQs Receiverships Additional Info Links Terms of Use Contact Us Frequently Asked Questions      What will happen to my insurance coverage if the Guaranty Association becomes liable for my policy? Protection can be provided in one of several different ways. For example, a financially sound insurer may take over the troubled company's policies and assume the responsibility for continuing coverage and paying covered claims. The Guaranty Association may provide coverage directly by continuing the insurer's policies or issuing replacement policies with the Guaranty Association; in some situations, the Guaranty Association may work with other state guaranty associations to develop an overall plan to provide protection for the failed insurer's policyholders. For group health and cancelable individual health insurance, state law allows the Guaranty Association to continue your coverage only for a limited time. These types of policies will normally be canceled in accordance with policy provisions and Kansas Insurance Laws in effect at the date of liquidation. The amount of protection provided and when you receive it may depend on the particular arrangement worked out for handling the failed insurer's obligations.   NOTE: This information is not intended as legal advice, and no liability is assumed in connection with its use. The applicable state guaranty association statute is the controlling authority, regardless of any information presented on this site. Users should seek advice from a qualified attorney and should not rely on this compilation when considering any questions relating to guaranty association coverage.   [ Back to FAQ list ]