Welcome to the Nevada Life & Health Insurance Guaranty Association ("Guaranty Association") website. We hope you find this site helpful in providing information regarding the purpose of the Guaranty Association and how it protects resident policyholders in the event of a life or health insurance company insolvency.
The Guaranty Association will process all claims for services provided before midnight on August 31st pursuant to the terms of the policy and up to a statutory limit of $500,000. Services occurring after August 31st will not be considered for payment. Please do not resubmit claims as this will delay processing. For unsubmitted claims, please continue to use the current processes. For additional information, please refer to the resources below:
On November 30, 2024, guaranty associations were activated to provide coverage to CBL and BLIC policyholders. Policyholders are encouraged to visit https://www.nolhga.com/globalbankers for more information.
On May 20, 2024, PHL Variable Insurance Company was placed in rehabilitation by the Connecticut Insurance Commissioner. For more information, please refer to the Frequently Asked Questions.
Please find the Public Notice of the Nevada Life and Health Insurance Guaranty Association Spring Meeting by clicking here.
On September 1, 2023 the Association noticed Members of an authorized $30M Class B assessment, of which $15M was called to cover claims liabilities for the Friday Health Plans of Nevada liquidation on September 1, 2023. We are asking all Members to pay electronically via Melio. A unique Melio link to facilitate payment can be found on the Assessment invoice issued to your company.
To all Nevada licensed Life, Annuity and Health insurers: You will find the Guaranty Association's updated Summary Document by clicking on the Additional Info link or by clicking here. This new document is effective on or before July 1, 2022. All issued life, annuity, health policies, and health benefit plans must include this approved document with issued policy related documentation.