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Frequently Asked Questions
What is a guaranty fund? A guaranty fund, also known as a guaranty association, protects policyholders and claimants when an insurance company becomes insolvent. Guaranty funds are nonprofit entities created […]
Backgrounder
At the heart of the insurance contract lies the assurance that when misfortune happens, insurance will be there to soften the blow with coverage for one’s losses. But what happens […]
The Property and Casualty Guaranty Fund System: Supporting the Insurance Promise for 50 Years
After 50 years, the nation’s property and casualty guaranty funds system remains strong, resilient and true to its original intent of protecting policyholders by stepping in to pay covered claims […]