There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 42. Kentucky Life and Health Insurance Guaranty Association
304.42.020 Purpose of subtitle.
Download pdfsubject to certain limitations, against failure in the performance of contractual obligations
under life and health insurance policies and annuity contracts specified in KRS 304.42-
030(2) because of the impairment or insolvency of the member insurer that issued the
policies or contracts. To provide this protection:
(1) An association of insurers is created to pay benefits and to continue coverages as limited by this subtitle; and (2) Members of the association are subject to assessment to provide funds to carry out the purpose of this subtitle. Effective: July 15, 1998
History: Amended 1998 Ky. Acts ch. 537, sec. 1, effective July 15, 1998. -- Created 1978 Ky. Acts ch. 282, sec. 2, effective June 17, 1978.
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