Virginia Life, Accident and Sickness Insurance Guaranty Association
Virginia Life, Accident and Sickness Insurance Guaranty Association is a statutory entity composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the Commonwealth of Virginia. Its purpose is to provide information regarding the purpose of the guaranty association and how it protects resident policyholders in the event of an insurance company insolvency.
Organization Type:
State or Regional Association
Tax Exempt Status:
501(c)(6)
Industry:
Governments (Local/State/Federal/Foreign), Insurance Industry, State
Address:
534 Main St
PO Box 606, CO DSH Consulting LLC Hampden, MA 01036-9998
Other Addresses
Address:
1503 Santa Rosa RdRM 101, Henrico VA 23229-5105
Financial Snapshot
Total revenues: $20,749,086
Year - 2024
1st-yr growth
101.41%
Year by Year
Revenue
MEMBER ASSESSMENTS-B
RECEIVER DISTRIBUTIONS
Investment income
Other
Total expenses: $22,907,038
Year - 2024
1st-yr growth
1191.18%
Year by Year
Expenses
Benefits paid to or for members
Other expenses
Management fees
Other
Total assets: $9,011,844
Year - 2024
1st-yr growth
-23.95%
Year by Year
Assets
Savings and temporary cash investments
Cash -- non-interest bearing
Total Liabilities: $0
Year - 2024
1st-yr growth
0%
Year by Year
Liabilities
This association reports using a management firm on their 990 tax documents.