Hawaii Life & Disability Insurance Guaranty Association 1132 Bishop Street / Suite 1590 / Honolulu, HI 96813 Home About Us FAQs Additional Info Links Terms of Use Contact Us Frequently Asked Questions      Are all policies fully protected? Not always. If your insurance company fails, the maximum amount of protection provided by the Hawaii guaranty association for each type of policy, no matter how many of that type of policy you bought from your company, is: Life Insurance Death Benefit: $300,000 per insured life Life Insurance Cash Surrender: $100,000 per insured life Health Insurance Claims: $100,000 per insured life Annuity Benefits (Present Value): $100,000 per contract owner Provided, however, that in no event shall the association be liable to expend more than $300,000 in the aggregate with respect to any one life.   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 ]