Vermont Life & Health Insurance Guaranty Association One National Life Drive, Suite M585 / Montpelier, VT 05604 Home About Us FAQs 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 Vermont Life & Health Insurance Guaranty Association? 04.  Who is protected? 05.  If I move to another state after purchasing a policy, will I still have guaranty association coverage? If so, who will provide it? 06.  What contracts are covered? 07.  Are all policies fully protected? 08.  For example, if I own three annuities worth $250,000 each and my insurance company fails, how much is protected? 09.  What will happen to my insurance coverage if the guaranty association becomes liable for my policy? 10.  When might the guaranty association provide benefits? 11.  What is NOT protected by the guaranty association? 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 Vermont? 14.  Why hasn't my agent or company told me more about the Vermont Life & Health Insurance Guaranty Association? 15.  Where can I get advice on purchasing life, health, or annuity products? 16.  Are you a State agency? 17.  How can I determine the financial soundness of my insurance company? 18.  If my company is in the process of rehabilitation/conservation and I have an emergency and need to withdraw monies from my annuity, what is the process? 19.  Is long-term-care insurance covered by the guaranty association? 20.  Are variable annuities covered by the guaranty association? 21.  If my company is liquidated, do I have to file a claim with the association? 22.  Should I continue to pay my premiums? 23.  Is my company covered by the guaranty association? 24.  What happens if the benefits promised in my policy are greater than the coverage limits provided by the guaranty association?