2024-11-14T11:58:34-05:00 2023-12-31 231633722 CUNNINGHAM CAREY & PHILLIPS 1077 RYDAL RD STE 200 RYDAL PA 190461713 990 2023-01-01 232135158 PENNSYLVANIA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION PENN 6109750572 TWO BALA PLAZA SUITE 710 BALA CYNWYD PA 19004 NANCY MARGOLIS EXECUTIVE DIRECTOR 6109750572 2024-11-11 true 2024-11-14 2023 2024-10-15 13:58:12Z NANCY MARGOLIS TWO BALA PLAZA SUITE 710 BALA CYNWYD PA 19004 34982050 false X PALIFEGA.ORG X 1978 PA THE PURPOSE OF THE ORGANIZATION IS TO PROTECT POLICYHOLDERS, INSUREDS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE INSURER ISSUING SUCH POLICIES. 11 11 2 0 0 891851 21598207 -495252 1738366 0 396599 23336573 0 524410 1151561 456722 453239 0 0 960701 1110131 1941833 2714931 -1545234 20621642 29653081 50274723 0 29653081 50274723 X THE PURPOSE OF THE ORGANIZATION IS TO PROTECT POLICYHOLDERS, INSUREDS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE INSURER ISSUING SUCH POLICIES. false false 2714931 21598207 CLAIM PAYMENTS AND RELATED EXPENSES MADE TO POLICYHOLDERS, INSUREDS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE INSURER ISSUING SUCH POLICIES. THE ASSOCIATION ALSO PROVIDES INFORMATION REGARDING THE COVERAGE OF BENEFITS IN RESPONSE TO INQUIRIES FROM POLICY HOLDERS, AGENTS, INSURANCE REGULATORS AND OTHERS. 2714931 false false false false false false false false false false false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 4 0 2 true false false false false false false false false X 11 11 false false false false true true true true true false false false true true true false true true false false X NANCY MARGOLIS 6109750572 TWO BALA PLAZA SUITE 710 BALA CYNWYD PA 19004 NANCY MARGOLIS EXECUTIVE DI 40.00 X 288050 0 8641 CVS HEALTH DIRECTOR X 0 0 0 COLONIAL PENN LIFE INSURANCE CO DIRECTOR X 0 0 0 ERIE FAMILY LIFE INSURANCE CO DIRECTOR X 0 0 0 FARMERS NEW WORLD LIFE INSURANCE CO DIRECTOR X 0 0 0 INDEPENDENCE BLUE CROSS DIRECTOR X 0 0 0 MASSACHUSETTS MUTUAL LIFE INS CO VICE CHAIR 2.00 X X 0 0 0 METROPOLITAN LIFE INSURANCE CO DIRECTOR X 0 0 0 NATIONWIDE LIFE INS CO DIRECTOR X 0 0 0 THE PENN MUTUAL LIFE INSURANCE CO CHAIR 2.00 X X 0 0 0 UPMC INSURANCE SERVICES SECRETARY/TR 2.00 X X 0 0 0 UNITED HEALTH GROUP DIRECTOR X 0 0 0 288050 8641 1 false true false RECOUPMENTS 524298 21138127 21138127 ADMINISTRATIVE ASSESSMENTS 524298 454702 454702 PREMIUMS 524298 5378 5378 21598207 1667233 1667233 11716610 11645477 71133 71133 71133 23336573 23336573 1151561 288050 98090 11574 31599 23926 49524 27360 8691 24503 36025 10486 NOHLGA FEES 911037 CLAIMS EXPENSE 29721 EQUIPMENT 7262 TELEPHONE 4493 1029 2714931 0 0 0 2090803 5837502 27558294 44433237 3984 3984 29653081 50274723 0 0 X 29653081 50274723 29653081 50274723 29653081 50274723 20621642 X false true X true false 23336573 23336573 23336573 2714931 2714931 2714931 false false false NANCY MARGOLIS EXECUTIVE DIRECTOR 288050 8641 296691 FORM 990 - ORGANIZATION'S MISSION THE PURPOSE OF THE ORGANIZATION IS TO PROTECT POLICYHOLDERS, INSUREDS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE INSURER ISSUING SUCH POLICIES. FORM 990, PAGE 6, PART VI, LINE 6 THE GUARANTY ASSOCIATION IS COMPOSED OF ALL INSURERS LICENSED TO SELL LIFE INSURANCE, ACCIDENT AND HEALTH INSURANCE, AND INDIVIDUAL ANNUITIES IN THE STATE OF PENNSYLVANIA FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY ITS MEMBERS SUBJECT TO APPROVAL BY THE PENNSYLVANIA INSURANCE COMMISSIONER FORM 990, PAGE 6, PART VI, LINE 7B APPOINTMENTS TO THE BOARD OF DIRECTORS ARE SUBJECT TO THE APPROVAL OF THE PENNSYLVANIA INSURANCE COMMISSIONER. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A DRAFT IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO FILL OUT A QUESTIONAIRE ANNUALLY AND TO REPORT ANY CONFLICTS THAT ARISE IMMEDIATELY TO THE CHAIR. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON ITS WEBSITE. THE ASSOCIATION'S FINANCIAL STATEMENTS AND CONFLICT OF INTEREST STATEMENT ARE AVAILABLE BY REQUEST.