Florida Life & Health Insurance Guaranty Association 3740 Beach Boulevard, Suite 201-A / Jacksonville, FL 32207-3877 Home About Us FAQs Insolvencies Additional Info Links Terms of Use Contact Us Frequently Asked Questions    01.  What happens when my insurance company goes out of business? 02.  How is policy coverage determined? 03.  What is the Florida Life & Health Insurance Guaranty Association and what does it do? 04.  Who is protected? 05.  Does it matter where I live? 06.  What contracts are covered? 07.  Are all policies fully protected? 08.  For example, if I own three annuities and each has a cash surrender value of $100,000, and my insurance company fails, how much will FLAHIGA pay if I want to cash surrender my annuities? 09.  What will happen to my insurance coverage if the guaranty association becomes liable for my policy? 10.  If my insurer just went under, when will FLAHIGA start providing benefits? 11.  What products are not protected by FLAHIGA? 12.  How will I know if my life or health insurance company has failed or is unable to fulfill its obligations to its policyholders? 13.  How can I find out if my company is licensed in Florida? 14.  Why hasn't my agent or company told me more about the Florida Life & Health Insurance Guaranty Association? 15.  Can FLAHIGA advise me what to do? 16.  Where can I find a copy of the FLAHIGA Act?