On January 10, 2024, the Florida Life & Health Insurance Guaranty Association Board of Directors approved the following assessments:
Class A assessment of $500
Class B Life account: No assessment.
Class B Annuity account: No assessment.
Class B Health account: No assessment.
Class B Long-Term Care: No assessment.
Premiums filed with the Florida Office of Insurance Regulation on the NAIC “Life, Health & Annuity Guaranty Association Model Act Assessment Base Reconciliation Exhibit” are used to calculate member company assessment amounts. If you do not file the required exhibit, we use the premium from “Schedule T” or “Exhibit of Premiums and Losses.”
The association will send the invoices via electronic mail later in the year.
The 2020 – 2022 three-year average assessable premium is:
Life: | 11,304,662,859 |
Allocated Annuity: | 21,748,004,251 |
Health: | 26,527,369,921 |