Welcome to the Oregon Life & Health Insurance Guaranty Association ("guaranty association") Web site. We hope you find this site helpful in providing information regarding the purpose of the guaranty association and how it protects resident policyholders in the event of an insurance company insolvency. The Oregon Life & Health Insurance Guaranty Association is a statutory entity created in 1975 when the Oregon legislature enacted the Oregon Guaranty Association Act (ORS 734.750). The guaranty association is composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the state of Oregon. In the event that a member insurer is found to be insolvent and is ordered to be liquidated by a court, the Guaranty Association Act enables the guaranty association to provide protection (up to the limits spelled out in the Act) to Oregon residents who are holders of life and health insurance policies and individual annuities with the insolvent insurer.