Michigan Life & Health Insurance Guaranty Association
Michigan Life & Health Insurance Guaranty Association
Helping Michigan policyholders when they need it the most.
Welcome
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.
Announcements:
Liquidation Order Entered for Bankers Life Insurance Company (BLIC) & Colorado Bankers Life Insurance Company (CBLIC)
The Receivership Court entered a Liquidation Order against BLIC and CBLIC that states that it becomes effective on the first month-end occurring 90 days after all North Carolina appeals have been resolved. As of August 23, 2024, the appeals have been resolved. The Liquidation Order is scheduled to become effective on November 30, 2024.
For additional information, please see the Notice to Policyholders and Frequently Asked Questions available on the National Organization of Life & Health Insurance Guaranty Associations website.
