Resources
Additional information for policyholders and agents
Background reading, related organizations, and terms worth knowing.
Related organizations
Alabama Department of Insurance
The state regulator that licenses and supervises insurers doing business in Alabama.
Visit site →National Organization of Life & Health Guaranty Associations (NOLHGA)
A national network coordinating guaranty associations across states during multi-state insolvencies.
Visit site →NAIC Consumer Insurance Search
Look up an insurer's licensing status and financial complaint history before you buy a policy.
Visit site →Glossary
- Receivership
- A court-supervised process for winding down or rehabilitating an insolvent insurance company.
- Member insurer
- Any life, annuity, or disability insurer licensed to do business in Alabama; membership in Allifega is mandatory.
- Statutory cap
- The maximum benefit amount guaranteed per policyholder, set by Alabama law.
- Covered policy
- An individual policy issued by a member insurer that qualifies for guaranty association protection.