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Welcome to the Michigan Life & Health Insurance Guaranty Association
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The Michigan Life & Health Insurance Guaranty Association ("MLHIGA") is a nonprofit association of life and health insurance companies authorized to write life insurance, annuities or health insurance in the state of Michigan. The purpose of this association is to protect Michigan policyholders, within limits, in the unlikely event that a member insurer becomes financially unable to meet its obligations. If this should happen, MLHIGA will assess its other member insurance companies for the money to pay the covered claims of insured persons who live in Michigan and, in some cases, to keep coverage in force. If coverage is provided, it may be subject to limitations or exclusions. This protection is not a substitute for consumers' care in selecting companies that are well managed and financially stable.
The Michigan Life & Health Insurance Guaranty Association Act (a link to the Act can be found in the Additional Info section), Chapter 77 of the Insurance Code of 1956, MCL 500.7701 to 500.7780 details the specific coverage, exclusions and limitations provided to policyholders. The general information provided by the web site does not cover all provisions of the law, nor does it in any way change anyone's rights or obligations under the act or the rights or obligations of MLHIGA. For a... [ more ] |
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