State Guaranty Associations — Life & Annuity Coverage
This table is a starting point for nominal life and annuity coverage limits and association contacts. It does not establish coverage for an SIS. Eligibility depends on the actual owner, payee, contract type, applicable state law, exclusions, and present-value and aggregate limits. A personal-injury structured-settlement annuity and an assignment-company-owned SIS contract may fall into different categories. Read the payment-protection deep dive and obtain a contract-specific assessment before applying a listed cap.
| Association | Contact | |||||
|---|---|---|---|---|---|---|
| AlabamaAL | $250,000 | $300,000 | $100,000 | $300,000 | Alabama Life & Disability Insurance Guaranty Association2009 Eagle Ridge Drive, Birmingham, AL 35242 | 205-879-2202allifega.org |
| AlaskaAK | $250,000 | $300,000 | $100,000 | $300,000 | Alaska Life & Health Insurance Guaranty AssociationPO Box 241407, Anchorage, AK 99524-1407 | 907-243-2311aklifega.org |
| ArizonaAZ | $250,000 | $300,000 | $100,000 | $300,000 | Arizona Life & Disability Insurance Guaranty Fund2901 N. 7th Street, Phoenix, AZ 85014-5400 | 602-254-5866difi.az.gov |
| ArkansasAR | $300,000 | $300,000 | $300,000 | $300,000 | Arkansas Life & Disability Insurance Guaranty Association1023 W. Capitol Avenue, Suite 4, Little Rock, AR 72201 | 501-375-9131arlifega.org |
| CaliforniaCA | 80% × $250,000 | $300,000 | $100,000 | $300,000 | California Life & Health Insurance Guarantee Association2999 Douglas Blvd., Suite 180, Roseville, CA 9566180% coinsurance up to each cap | 916-631-1581califega.org |
| ColoradoCO | $250,000 | $300,000 | $100,000 | $300,000 | Colorado Life & Health Insurance Protection AssociationPO Box 36009, Denver, CO 80236 | 303-292-5022colifega.org |
| ConnecticutCT | $500,000 | $500,000 | $500,000 | $500,000 | Connecticut Life & Health Insurance Guaranty AssociationPO Box 600, East Glastonbury, CT 06025-0600 | 860-282-6006ctlifega.org |
| DelawareDE | $250,000 | $300,000 | $100,000 | $300,000 | Delaware Life & Health Insurance Guaranty AssociationPO Box 624, Newark, DE 19715 | 302-456-3656delifega.org |
| District of ColumbiaDC | $300,000 | $300,000 | $100,000 | $300,000 | District of Columbia Life & Health Insurance Guaranty Association1922 F Street NW, Suite 340, Washington, DC 20006 | 202-434-8771dclifega.org |
| FloridaFL | $250,000 / $300,000 ‡ | $300,000 | $100,000 | $300,000 | Florida Life & Health Insurance Guaranty Association1880 Eastwest Parkway, Unit 10162, Fleming Island, FL 32006-7787‡ Fla. Stat. §631.717(12)(c): $300,000 for annuities in payout status; $250,000 deferred | 850-523-1870flahiga.org |
| GeorgiaGA | $250,000 / $300,000 ‡ | $300,000 | $100,000 | $300,000 | Georgia Life & Health Insurance Guaranty Association3700 Crestwood Parkway NW, Suite 400, Duluth, GA 30096‡ Annuity in benefits (present value) $300,000, eff. July 1, 2012 | 770-621-9835glhiga.org |
| HawaiiHI | $250,000 | $300,000 | $100,000 | $300,000 | Hawaii Life & Disability Insurance Guaranty Association1003 Bishop Street, Suite 2030, Honolulu, HI 96813 | 808-733-9204hilifega.org |
| IdahoID | $250,000 | $300,000 | $100,000 | $300,000 | Idaho Life & Health Insurance Guaranty AssociationPO Box 943, Boise, ID 83701 | 208-342-3854idlifega.org |
| IllinoisIL | $250,000 | $300,000 | $100,000 | $300,000 | Illinois Life & Health Insurance Guaranty Association901 Warrenville Road, Suite 400, Lisle, IL 60532-4324 | 773-714-8050ilhiga.org |
| IndianaIN | $250,000 | $300,000 | $100,000 | $300,000 | Indiana Life & Health Insurance Guaranty Association3502 Woodview Trace, Suite 100, Indianapolis, IN 46268 | 317-636-8204inlifega.org |
| IowaIA | $250,000 | $300,000 | $100,000 | $300,000 | Iowa Life & Health Insurance Guaranty Association700 Walnut Street, Suite 1600, Des Moines, IA 50309 | 515-243-5025ialifega.org |
| KansasKS | $250,000 | $300,000 | $100,000 | $300,000 | Kansas Life & Health Insurance Guaranty Association2909 SW Maupin Lane, Topeka, KS 66614 | 785-273-6745kslifega.org |
| KentuckyKY | $250,000 | $300,000 | $100,000 | $300,000 | Kentucky Life & Health Insurance Guaranty Association10200 Forest Green Blvd., Suite 14, Louisville, KY 40223 | 502-327-0850klhiga.org |
| LouisianaLA | $250,000 | $300,000 | $100,000 | $500,000 | Louisiana Life & Health Insurance Guaranty Association2020 Quail Drive, Baton Rouge, LA 70808 | 225-927-4337lalifega.org |
| MaineME | $250,000 | $300,000 | $100,000 | $300,000 | Maine Life & Health Insurance Guaranty AssociationPO Box 7317, Portland, ME 04112 | 207-878-8844melifega.org |
| MarylandMD | $250,000 | $300,000 | $100,000 | $300,000 | Maryland Life & Health Insurance Guaranty Corporation7920 Norfolk Avenue, Suite 510, Bethesda, MD 20814 | 301-362-3415mdlifega.org |
| MassachusettsMA | $250,000 | $300,000 | $100,000 | $300,000 | Massachusetts Life & Health Insurance Guaranty Association10 Charles Street, Suite 231, Needham, MA 02494 | 781-251-0551malhia.com |
| MichiganMI | $250,000 | $300,000 | $100,000 | $300,000 | Michigan Life & Health Insurance Guaranty AssociationPO Box 80220, Lansing, MI 48908-0220 | 517-220-0850milifega.org |
| MinnesotaMN | $250,000 / $410,000 ‡ | $500,000 | $130,000 | $500,000 | Minnesota Life & Health Insurance Guaranty Association80 South 8th Street, Suite 2020, Minneapolis, MN 55402‡ Minn. Stat. §61B.19 subd. 4: $410,000 if annuitized for life or ≥10 years before insolvency; otherwise $250,000 | 612-397-9100mnlifega.org |
| MississippiMS | $250,000 | $300,000 | $100,000 | $300,000 | Mississippi Life & Health Insurance Guaranty AssociationPO Box 16843, Jackson, MS 39236-6843 | 601-981-9996mslifega.org |
| MissouriMO | $250,000 | $300,000 | $100,000 | $300,000 | Missouri Life & Health Insurance Guaranty Association994 Diamond Ridge, Jefferson City, MO 65109 | 573-634-8455mo-iga.org |
| MontanaMT | $250,000 | $300,000 | $100,000 | $300,000 | Montana Life & Health Insurance Guaranty AssociationPO Box 577, Great Falls, MT 59403 | 406-761-0199mtlifega.org |
| NebraskaNE | $250,000 | $300,000 | $100,000 | $300,000 | Nebraska Life & Health Insurance Guaranty AssociationPO Box 487, La Vista, NE 68148 | 402-397-9770nelifega.org |
| NevadaNV | $250,000 | $300,000 | $100,000 | $300,000 | Nevada Life & Health Insurance Guaranty Association8440 West Lake Mead Blvd., Suite 201, Las Vegas, NV 89128 | 702-243-5631nvlifega.org |
| New HampshireNH | $250,000 | $300,000 | $100,000 | $300,000 | New Hampshire Life & Health Insurance Guaranty AssociationPO Box 1084, Concord, NH 03302-1084 | 603-225-2515nhlifega.org |
| New JerseyNJ | $250,000 / $500,000 ‡ | $500,000 | $100,000 | $500,000 | New Jersey Life & Health Insurance Guaranty Association521 Newman Springs Road, Suite 22, Lincroft, NJ 07738‡ Annuities in payout status with no cash-surrender value: $500,000 PV; deferred $250,000; cash-surrender cap $250,000 under P.L. 2024, c.34 | 732-345-5200njlifega.org |
| New MexicoNM | $250,000 | $300,000 | $100,000 | $300,000 | New Mexico Life & Health Insurance Guaranty AssociationPO Box 14520, Albuquerque, NM 87191 | 505-266-7000nmlifega.org |
| New YorkNY | $500,000 | $500,000 | $500,000 | $500,000 | The Life and Health Insurance Company Guaranty Corporation of New York217 North Highland Avenue, Suite 3202, Ossining, NY 10562 | nylifega.org |
| North CarolinaNC | $300,000 | $300,000 | $300,000 | $300,000 | North Carolina Life & Health Insurance Guaranty AssociationPO Box 10218, Raleigh, NC 27605SSA limit $1M; unallocated/lottery $5M | 919-833-6838nclifega.org |
| North DakotaND | $250,000 | $300,000 | $100,000 | $300,000 | North Dakota Life & Health Insurance Guaranty AssociationPO Box 2431, Bismarck, ND 58502-2431 | 701-223-6050ndlifega.org |
| OhioOH | $250,000 | $300,000 | $100,000 | $300,000 | Ohio Life & Health Insurance Guaranty Association4019 Executive Park Drive, Suite 200, Cincinnati, OH 45241 | 513-351-6000olhiga.org |
| OklahomaOK | $300,000 | $300,000 | $100,000 | $300,000 | Oklahoma Life & Health Insurance Guaranty Association201 Robert S. Kerr Avenue, Suite 600, Oklahoma City, OK 73102 | 405-236-6060oklifega.org |
| OregonOR | $250,000 | $300,000 | $100,000 | $300,000 | Oregon Life & Health Insurance Guaranty AssociationPO Box 40157, Portland, OR 97240 | 503-222-1963orlifega.org |
| PennsylvaniaPA | $250,000 | $300,000 | $100,000 | $300,000 | Pennsylvania Life & Health Insurance Guaranty AssociationTwo Bala Plaza, Suite 710, Bala Cynwyd, PA 19004 | 610-975-0572palifega.org |
| Puerto RicoPR | $100,000 † | $300,000 † | $100,000 † | $300,000 † | (Contact via NOLHGA — Puerto Rico association)See nolhga.com association lookuplimits not verified in this review (no NOLHGA public table or statute located) | nolhga.com |
| Rhode IslandRI | $250,000 | $300,000 | $100,000 | $300,000 | Rhode Island Life & Health Insurance Guaranty Association235 Promenade Street, Suite 500, Providence, RI 02908 | 401-273-0681rilifega.org |
| South CarolinaSC | $300,000 | $300,000 | $300,000 | $300,000 | South Carolina Life & Accident & Health Insurance Guaranty Association121 Executive Center Drive, Suite 110, Columbia, SC 29210 | 803-798-6966sclifega.org |
| South DakotaSD | $250,000 | $300,000 | $100,000 | $300,000 | South Dakota Life & Health Insurance Guaranty AssociationPO Box 175, Sioux Falls, SD 57101-0175 | 605-334-3800sdlifega.org |
| TennesseeTN | $250,000 | $300,000 | $100,000 | $300,000 | Tennessee Life & Health Insurance Guaranty AssociationPO Box 410806, Nashville, TN 37241-0806 | 615-242-2400tnlifega.org |
| TexasTX | $250,000 | $300,000 | $100,000 | $300,000 | Texas Life & Health Insurance Guaranty Association6504 Bridge Point Parkway, Suite 450, Austin, TX 78730 | 512-476-5931txlifega.org |
| UtahUT | $250,000 | $500,000 | $200,000 | $500,000 | Utah Life & Health Insurance Guaranty AssociationPO Box 17939, Salt Lake City, UT 84117-0939 | 801-538-3863ulhiga.org |
| VermontVT | $250,000 | $300,000 | $100,000 | $300,000 | Vermont Life & Health Insurance Guaranty Association1540 Williston Road, South Burlington, VT 05403 | 802-864-6835vtlifega.org |
| VirginiaVA | $250,000 | $300,000 | $100,000 | $350,000 | Virginia Life, Accident & Sickness Insurance Guaranty AssociationPO Box 11984, Richmond, VA 23230-1984 | 804-282-2240valifega.org |
| WashingtonWA | $500,000 | $500,000 | $500,000 | $500,000 | Washington Life & Disability Insurance Guaranty AssociationPO Box 2292, Shelton, WA 98584 | 360-426-6744walifega.org |
| West VirginiaWV | $250,000 | $300,000 | $100,000 | $300,000 | West Virginia Life & Health Insurance Guaranty AssociationPO Box 816, Huntington, WV 25712 | 304-525-4441wvlifega.org |
| WisconsinWI | $300,000 | $300,000 | $300,000 | $300,000 | Wisconsin Insurance Security Fund2820 Walton Commons W., Suite 135, Madison, WI 53718 | 608-242-9473wilifega.org |
| WyomingWY | $250,000 | $300,000 | $100,000 | $500,000 | Wyoming Life & Health Insurance Guaranty AssociationPO Box 857, Cheyenne, WY 82003-0857 | 307-632-2668wylifega.org |
How to read the annuity column. For annuity contracts, coverage applies to the present value of future benefits, capped per owner per insurer and aggregated across all contracts with the same carrier. Whether that figure reaches an SIS seller is conditional. Under NAIC Model #520 §3A, coverage runs to the resident owner of the contract; the payee rule reaches only structured settlement annuities funding personal-injury payments. In an SIS the owner is the assignment company (resident where its principal place of business is), the seller holds a payment right (a “mere beneficial interest” is excluded from “owner”), and the per-owner cap aggregates every annuity that owner holds with the same insurer. An assignment company organized outside the United States is not a resident of any state. These figures therefore describe the association’s limits, not a seller-level guarantee. See the Payment Protection chapter.
‡ Where two annuity figures appear, the second is the higher cap the state applies to annuities already in payout status (Florida, Georgia, New Jersey, Minnesota); the statutory basis is shown in that row’s note. The payout-status figure matters only if an eligible owner exists.
California covers 80% of each category up to the stated cap (coinsurance applies to all lines).
North Carolina lists a $300,000 standard annuity limit but raises it to $1,000,000 for structured settlement annuities and $5,000,000 for certain unallocated/lottery annuities — a carve-out that generally does not reach commercial SIS annuities.
† Puerto Rico figures are unverified: no NOLHGA public table or statute was located in the October 2026 review, so the values shown are carried from the prior compilation and should not be relied on without confirming them with the association via NOLHGA.
Coverage caps verified October 17, 2026 against NOLHGA (data as of June 1, 2025) and association FAQs; contact details for CA, FL, GA, HI, IL, NJ, NY, PA and WA verified October 17, 2026. Remaining contact rows are carried from the May 2026 compilation and were not recertified — verify before use. State laws change and several states restrict using guaranty coverage as a sales inducement. Verify any figure against the relevant state statute or NOLHGA before relying on it in a client engagement. Confirm-your-association lookup: nolhga.com.