Alabama Life & Disability Insurance Guaranty Association
6 Office Park Circle, Suite 200 / Birmingham, AL 35223
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Frequently Asked Questions   Alabama Life & Disability Insurance Guaranty Association
01.  What happens when my insurance company goes out of business?
02.  How is policy coverage determined?
03.  What is the Alabama Life & Disability Insurance Guaranty Association?
04.  Can ALDIGA advise me what to do?
05.  Who is protected?
06.  Does it matter where I live?
07.  What contracts are covered?
08.  Are all policies fully protected?
09.  For example, if I own three annuities and each has a cash surrender value of $100,000, and my insurance company fails, how much will ALDIGA pay if I want to cash surrender my annuities?
10.  What will happen to my insurance coverage if the guaranty association becomes liable for my policy?
11.  When might the guaranty association provide benefits?
12.  What products are not protected by ALDIGA?
13.  How will I know if my life or health insurance company has failed or is unable to fulfill its obligations to its policyholders?
14.  How can I find out if my company is licensed, or the status of a receivership proceeding, in Alabama?