SCPCIGA does not cover life, annuity, health or disability insurance. Questions about those lines of insurance should be directed to the South Carolina Life and Accident and Health Insurance Guaranty Association
SCPCIGA also does not cover mortgage guaranty, financial guaranty, or any type of protection against investment risks. Fidelity, surety, or other bonding obligations are not covered. Warranties or service contracts are also not covered. SCPCIGA does not cover retroactive insurance.
SCPCIGA does not cover title insurance or marine insurance. It does not cover contracts where there is no transfer of risk.
The insolvent insurer must be admitted and licensed by the South Carolina Department of Insurance.