Business Details
48 Years
experience
Trusted Insurance Protection for Kentucky Policyholders
We are the Kentucky Life & Health Insurance Guaranty (KLHIGA), a statutory entity established to protect Kentucky residents who hold life insurance, health insurance, HMO contracts, or annuities when their insurer becomes insolvent. Since 1978, we have operated under the Kentucky Life and Health Insurance Guaranty Association Act, ensuring policyholders maintain coverage and receive claims payments within statutory limits. Our board of six member insurers governs our activities, and we collaborate with the National Organization of Life and Health Insurance Guaranty Associations (NOLHGA) to handle multi-state insolvencies.We provide transparent information about coverage limitations and exclusions through our website and prioritize clear communication with policyholders. Our role is activated by court order when an insurer is liquidated, and we work with independent professionals to fulfill obligations under the law. We emphasize compliance with Kentucky Revised Statutes and maintain resources to educate policyholders about their protections.
Services
Insurance Protection
Policyholder Support
Insolvency Management
Coverage Guidance
Claims Assistance
Details
- Year established: 1978
Highlights and features
- We protect Kentucky policyholders since 1978
- We operate under the Kentucky Life and Health Insurance Guaranty Association Act
- Our board includes six member insurers ensuring compliance
- We coordinate with national associations for multi-state insolvencies
- We provide clear information on coverage limits and exclusions
Associations and certifications
- National Organization of Life and Health Insurance Guaranty Associations (NOLHGA)
Services
Insurance Protection
We provide statutory protection for life insurance, health insurance, HMO contracts, and annuities when Kentucky-licensed insurers become insolvent. Our coverage ensures policyholders retain benefits up to legal limits, maintaining financial security during critical times. We handle claims processing and policy administration for affected residents.
Policyholder Support
Our team offers guidance to Kentucky residents navigating insurance insolvencies. We explain coverage rights, answer policy questions, and provide resources to help policyholders understand their protections under the Guaranty Association Act.
Insolvency Management
When insurers are court-ordered into liquidation, we activate to manage policy transitions. Our processes include reviewing claims, maintaining coverage terms, and coordinating with receivers to ensure compliance with Kentucky Revised Statutes.
Questions
What does KLHIGA do?
We protect Kentucky residents' life, health, and annuity policies when insurers become insolvent, ensuring continued coverage and claims payments within statutory limits.
How are coverage limits determined?
Statutory limits apply per insured life and policy type. Our website details maximum benefit amounts and exclusions under the Kentucky Guaranty Association Act.
What happens during an insurer insolvency?
When a court orders liquidation, we activate to maintain policies, process claims, and administer benefits according to state law.
Is KLHIGA the same as KIGA?
No. We handle life/health insurance protections, while Kentucky Insurance Guaranty Association (KIGA) covers property/casualty claims like auto or homeowners insurance.
