Tennessee Life & Health Insurance Guaranty Association 1200 One Nashville Place / 150 4th Avenue North / Nashville, TN 37219-2433 Home About Us FAQs Receiverships Additional Info Links Terms of Use Contact Us Frequently Asked Questions      What is NOT protected by the guaranty association? Policies with insurers not licensed to do business in Tennessee; Health Maintenance Organization (HMO) contracts; policy benefits the insurer does not guarantee or for which the policyholder bears the risk (such as the non-guaranteed portion of a variable life insurance or annuity contract); self-insured employer plans; interest rate yields that exceed an average rate; fraternal benefit society insurance certificates and unallocated annuity contracts (except unallocated annuity contracts and defined contribution plans qualified under Section403(b) of the United States Internal Revenue Code). Certain, less commonly known insurance policies and arrangements not listed here are also not protected. If you are unsure about whether your policy is excluded from guaranty association protection, you should review pertinent sections in Part 2 of the current Guaranty Association Act (Tenn. Code Ann. Section 56-12-201 et seq). A link to the Act can be found in the Additional Info section.   NOTE: This information is not intended as legal advice, and no liability is assumed in connection with its use. The applicable state guaranty association statute is the controlling authority, regardless of any information presented on this site. Users should seek advice from a qualified attorney and should not rely on this compilation when considering any questions relating to guaranty association coverage.   [ Back to FAQ list ]