Central Guarantee Fund

Filed Under » ,
Dictionary Says

Definition of 'Central Guarantee Fund'

A fund set aside by state insurance regulators to pay out claims to policyholders in the event an insurance company becomes insolvent. The central guarantee funds are accumulated from regular assessments charged to operating insurance companies. When an insurance company is declared insolvent by the state courts, regulators recover the company's remaining assets into the central guarantee fund. Remaining policyholder claims are then paid out of the fund.
Investopedia Says

Investopedia explains 'Central Guarantee Fund'

The individual consumer is ill equipped to assess the solvency of an insurance company. The use of a central guarantee fund by some state insurance regulators gives consumers piece of mind that their claims will be honored even if their insurer goes bankrupt. State insurance regulators enforce strict collateral requirements meant to ensure prudence, keep insurers solvent and limit the need for payouts from the guarantee fund.

Search results for

'Central Guarantee Fund'

  • Are You Protected If Your Insurance Company Goes Belly-Up?

    http://www.investopedia.com/articles/insurance/09/insurance-company-guarantee-fund.asp
    ... fund will try to transfer policies to other stable insurance companies; if that
    fails, the policy will continue to be administered by the central guarantee fund ...

  • Is It Eurobonds Or Bust For The Eurozone? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0811/Is-It-Eurobonds-Or-Bust-For-The-Eurozone.aspx
    ... So the EFSF rescue fund itself, may end up causing ... Europe's central bank has its
    work cut out for it in ... to be reliable, author does not guarantee its accuracy ...

  • 9 Tips For Safeguarding Your Accounts

    http://www.investopedia.com/articles/pf/08/account-protection.asp
    ... SIF) is also a private fund that insures ... participating IDC network members to guarantee
    FDIC insurance ... and accelerate sustainable development in Central America ...

  • Measuring And Managing Investment Risk

    http://www.investopedia.com/articles/08/risk.asp
    ... measure of dispersion around a central tendency. ... even a measure like VAR doesn't
    guarantee that things ... Spectacular debacles like hedge fund Long Term Capital ...

  • Agency Bonds: Limited Risk And Higher Return

    http://www.investopedia.com/articles/bonds/07/agency_bonds.asp
    ... from political risk that the government guarantee of agency ... on the planet, and are
    used by central banks and ... For example, if a large fund or government wishes ...

  • Find Security In Covered Bonds

    http://www.investopedia.com/articles/bonds/09/covered-bonds.asp
    ... The European Central Bank estimates that new issues ... bonds as collateral for emergency
    fund requests. ... changes to its Temporary Liquidity Guarantee Program by ...

  • Why Gold Could Go Even Higher - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0411/Why-Gold-Could-Go-Even-Higher.aspx
    ... For the first time in decades, central banks have ... NYSE:GLD), a popular exchange traded
    fund with more ... the past decade does not automatically guarantee its near ...

  • Credit Crisis: Bird's Eye View | Investopedia

    http://www.investopedia.com/university/credit-crisis/credit-crisis5.asp
    ... its widespread ownership and implied government guarantee placed an ... Will Your Money
    Market Fund Break The ... were nationalized and global central bankers provided ...

  • Giants Of Finance: John Maynard Keynes

    http://www.investopedia.com/articles/economics/09/john-maynard-keynes-keynesian.asp
    ... save capitalism from sliding into the central planning of ... people would be able to
    guarantee full employment ... Agreement and the International Monetary Fund (IMF ...

  • An Introduction To The Indian Stock Market

    http://www.investopedia.com/articles/stocks/09/indian-stock-market.asp
    ... of market makers, there is no guarantee that orders ... all settlement risk, by serving
    as a central counterparty ... are the Wisdom-Tree India Earnings Fund (NYSE: EPI ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links