Mission
THE PURPOSE OF THE ASSOCIATION IS TO PROTECT RESIDENTS OF SOUTH DAKOTA, AND OTHERS UNDER CERTAIN CIRCUMSTANCES, AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS UNDER LIFE AND HEALTH INSURANCE POLICIES AND ANNUITY CONTRACTS BECAUSE OF THE IMPAIRMENT OR INSOLVENCY OF A MEMBER INSURER THAT ISSUED SUCH POLICIES OR CONTRACTS.
Reported officers (all unpaid)
No paid executives reported in 2024. SOUTH DAKOTA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION reported 9 unpaid officers and board members on its 990.
Chairperson
Vice Chair
Secretary/treasurer
Director
Assurance Co. of Columbus Director
Director
Director
Life Insurance Co. Director
Executive Director
Financial trend
Revenue and expenses over time
SOUTH DAKOTA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.
RevenueExpenses
$2.8M
$501k
2023
$6.1M
$541k
2024
Total revenue and total expenses from IRS Form 990 filings.
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