Guaranty Funds
Guaranty Funds

The Arizona Insurance Guaranty Funds were established in 1977 by state law to provide protections to Arizona residents for covered claims.  If you are an Arizona resident insured by a licensed insurance company that becomes insolvent, part or all of your covered claims may be paid by an insurance guaranty fund. Guaranty associations exist in every state.

Insolvency means a member insurance company can no longer pay its debts.  The process of bringing a business to an end and distributing its assets is called liquidation.  The liquidation process is managed by a Receiver, Special Deputy Receiver, or Liquidator. 

The Funds are not insurers and are not the legal successor of the insolvent insurer. The guaranty fund statutes provide for a limited form of protection, and not everyone will be placed in the same position they would have been had the insurance company remained solvent. 

If your policy is canceled because your company is declared insolvent, it is incumbent upon you to secure a replacement policy.

Arizona has two guaranty funds:

Life & Disability 


Property & Casualty 


The Arizona Guaranty Funds are funded through assessments levied against licensed member insurers as needed to provide benefits.  The amount each licensed member insurer must pay depends upon how much of the particular type of insurance it sells in Arizona.  The Arizona Guaranty Funds do not charge membership fees or dues.  


Each Guaranty Fund is directed by a board.  The boards consist of eleven members each, who are appointed by the governor.

The Arizona Guaranty Funds were created by law and provide protection subject to the terms and conditions of those laws. Nothing on this website is intended to, nor does it, modify the powers and duties of the Arizona Guaranty Funds.  This website is for general information purposes only and should not be relied upon as legal advice.


Arizona Life and Disability Insurance FAQs 


Arizona Property and Casualty Insurance Guaranty Fund FAQs 


Insolvent Insurance Companies 



Helpful Links

NCIGF - National Conference of Insurance Guaranty Funds

NAIC: National Association of Insurance Commissioners

Arizona Insurance Guaranty Funds Statutes

Title 20 - Chapter 3 - Article 6

NOLHGA - National Organization of Life & Health Guaranty Associations

NAIC Lost Life Insurance Policy Locator Tool


For questions and or concerns contact:

Arizona Property & Casualty Insurance Guaranty Fund

Arizona Life & Disability Insurance Guaranty Fund

100 North 15 Avenue, Suite 261

Phoenix, AZ  85007-2624

Main Office:  602-364-3863

Email:  [email protected]


Pursuant to A.R.S. §38-431.02, the Arizona Insurance Guaranty Funds (AIGF) is providing this notice regarding the physical and electronic locations where all public notices regarding public meetings are posted. The AIGF posts all public notices, including agendas and minutes, electronically online at under the "Agency Information" tab and also posts meeting agendas on the Arizona Public Meetings website found online at

Guaranty Funds