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Minnesota Life & Health Insurance Guaranty Association
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4760 White Bear Parkway / Suite 101 / White Bear Lake, MN 55110 |
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Frequently Asked Questions  |
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What does it mean in the Notice to Policyholders when it states that the association shall not be responsible for more than $10,000,000 in claims?
This $10,000,000 is in reference to unallocated annuities as part of a defined contribution retirement plan such as a 401, 403(b), or 457. This does not apply to individual annuity contracts. |
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| 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. |
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