Indiana Automobile Insurance Plan
The Indiana Life and Health Insurance Guaranty Association serves as a protective entity for resident policyholders in the face of insolvency among member life insurance, health insurance, or annuity companies. Established to provide crucial information and support, the association ensures that certain coverage needs are addressed following liquidations that occur after January 1, 2013.
Recently, the association activated guaranty protections for policyholders of Colorado Bankers Life Insurance Company and Bankers Life Insurance Company, reflecting its commitment to safeguarding consumer interests. Additionally, the association regularly updates member insurers on financial statements, reinforcing transparency and accountability within the insurance landscape.
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