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Am I still entitled to the same benefits under my policy?

Not necessarily.  Because the guaranty association is designed to be a safety net and not a complete replacement for insurance coverage, there are limitations on the kinds and amounts of claims that NVIGA can pay.  With some exceptions, benefits are generally capped at $300,000 or the limits of the policy, whichever is less; however, NVIGA will pay the full amount of a covered claim for statutory worker’s compensation benefits.

faq | by Dr. Radut