Manhatten Life for Med Supps?


Thanks. I looked up Illinois:

The basic protections provided by the Association per insolvency are:

• Life Insurance
◦ $300,000 in death benefits
◦ $100,000 in cash surrender or withdrawal values
• Health Insurance
◦ $500,000 in hospital, medical and surgical insurance benefits*
◦ $300,000 in disability insurance benefits
◦ $300,000 in long-term care insurance benefits
◦ $100,000 in other types of health insurance benefits
• Annuities
◦ $250,000 in withdrawal and cash values

* The maximum amount of protection for each individual, regardless of the number of policies or contracts, is $300,000, except special rules apply to hospital, medical and surgical insurance benefits for which the maximum amount of protection is $500,000.
 

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