This glossary is for non-commercial educational purposes only. The
definition of the
terminology below is only a brief description and should not be considered factual or
the only definition possible. This information is only to help better inform you
of information related to liquidations.
An association created by law to protect claimants under policies of insurance of an insolvent insurance company. Insurance Guaranty Association funds are generated by assessments to other licensed insurance companies that write similar lines of business in any given state.
