Mission
THE PURPOSE OF THE ORGANIZATION IS TO PROTECT POLICYHOLDERS, INSUREDS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE INSURER ISSUING SUCH POLICIES.