The Texas Life and Health Insurance Guaranty Association is a non-profit legal entity that provides protection, subject to certain limits in Texas law, for life, health, and annuity policies owned by Texas residents if a member insurance company is found to be insolvent and is ordered liquidated by a court.

The Association was created by the Texas legislature in 1973 to protect Texas resident policyholders if a member insurance company becomes insolvent and is liquidated. To provide this protection, the Association either continues the insurance policy coverage, including paying the claims and other policy benefits, or transferring the policies to another insurance company.

This website contains information about the limited protection provided by the Association and the Association’s operations. If you have other questions about what happens when your insurance company fails in Texas, please follow the following link to the Texas Department of  Insurance’s  website (