The Wisconsin Insurance Security Fund is a non-profit legal entity created by the Wisconsin legislature to protect Wisconsin resident policyholders in the event of an insolvency of a member insurance company. To provide this protection, the Association continues insurance policy coverage while paying the claims and other policy benefits under life, annuity, accident and health insurance policies.
The information provided in this Web site is general in nature and may not address a specific policy or issue. The intent of this site is to provide information about the Guaranty Association of Wisconsin. The terms and coverage of insurance products are very diverse and, as a result, it is difficult to make general statements about Guaranty Association coverage without reviewing a specific contract. The generalized information provided by this website should not be relied upon as legal advice. In addition, please refer to the Wisconsin Insurance Security Fund Act., Wis. Stat. Chapter 646, for a more complete explanation of the powers and duties of the Guaranty Association.
We have links to other associations and entities that may be of interest, and we maintain a listing of insolvencies affecting residents of Wisconsin. If you cannot find the information you need on these pages, feel free to contact us (click on the Contact Us link above). We hope you find our site informative.
The liquidation order for this company took effect on November 30, 2024 and triggered Security Fund coverage to continue life policies as well as annuity contracts in force on the date of liquidation. Covered individuals will receive a mailing with more information in December.
Insurers with Annuity premium received invoices for a $8.5 million assessment on December 4, 2024 with payment due January 15, 2025. All Insurers will see a $700 per company administrative assessment invoiced in February. Insurers with Life premium will see a $3 million invoices later in the Q1 2025.