Michigan Life & Health Insurance Guaranty Association 1640 Haslett Road, Suite 160 / Haslett, MI 48840-8683 Home About Us FAQs Receiverships Additional Info Links Terms of Use Contact Us Frequently Asked Questions    01.  What is the Michigan Life & Health Insurance Guaranty Association? 02.  How is policy coverage determined? 03.  Who is protected? 04.  If I move to another state after purchasing a policy, will I still have guaranty association coverage? If so, who will provide it? 05.  What contracts are covered? 06.  Are all policies fully protected? 07.  How does the “one life” limit apply? 08.  What will happen to my insurance coverage if the guaranty association becomes liable for my policy? 09.  When might the guaranty association provide benefits? 10.  How will I know if my life or health insurance company has failed or is unable to fulfill its obligations to its policyholders? 11.  How can I find out if my company is licensed in Michigan? 12.  Where can I get advice on purchasing life, health, or annuity products? 13.  Is MLHIGA a State agency? 14.  How can I determine the financial soundness of my insurance company? 15.  If my company is in the process of rehabilitation/conservation and I have an emergency and need to withdraw monies from my annuity, what is the process? 16.  Is long-term-care insurance covered by the guaranty association? 17.  Are variable annuities covered by the guaranty association? 18.  If my company is liquidated, do I have to file a claim with the association? 19.  Should I continue to pay my premiums? 20.  Is my company a member of MLHIGA? 21.  What happens if the benefits promised in my policy are greater than the coverage limits provided by MLHIGA? 22.  What happens when my life or health insurance company goes out of business?