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Alaska Statutes Title 21 (Insurance), Chapter 79

Alaska Life and Health Insurance Guaranty Association Act (AS 21.79.010 - 21.79.990)

Publisher: Alaska State Legislature, BASIS
Edition: Alaska Statutes 2025
Last checked: 2026-09-02
Status: AK statutes, public domain

Edition and licensing notes

Publisher. Alaska State Legislature, BASIS (akleg.gov)

Edition. Alaska Statutes 2025 (34th Legislature, 2025-2026)

Status. AK statutes, public domain (state government edict).

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What this document is

Alaska Statutes Title 21 (Insurance), Chapter 79 - Alaska Life and Health Insurance Guaranty Association Act (AS 21.79.010 - 21.79.990) is a state statute published by Alaska State Legislature, BASIS (akleg.gov). It is one of the Alaska documents that insurance license exam questions are written from, including alaska life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

AS tit. 21, ch. 79 § 21.79.060(h) (Powers and duties of the association)
“(h) If the association fails to take action under (b) of this section within a reasonable period of time after a member insurer becomes insolvent, the director shall assume the powers of the association under (b) of this section.”
AS tit. 21, ch. 79 § 21.79.020(c) (Scope: exclusions from coverage)
“(c) This chapter does not apply to (1) that part of a policy or contract that is not guaranteed by the member insurer; (2) that part of the risk borne by the policy or contract owner; (3) a policy or contract of reinsurance, unless an assumption certificate has been issued;”
AS tit. 21, ch. 79 § 21.79.900(14) (Definitions: member insurer)
“(14) “member insurer” means an insurer licensed to transact insurance in the state, a hospital or medical service corporation licensed under AS 21.87, or a health maintenance organization licensed under AS 21.86, for which coverage is provided in AS 21.79.020 and includes an insurer, a hospital or...”
AS tit. 21, ch. 79 § 21.79.060(d) (Powers and duties of the association)
“(d) A premium due for coverage after entry of an order of liquidation of an insolvent insurer belongs to and is payable at the direction of the association. Upon request of a liquidator of an insolvent insurer, the association shall provide a report to the liquidator regarding the premium collected...”
AS tit. 21, ch. 79 § 21.79.160(a) (Prohibited advertisement of insurance sales)
“(a) A person, including a member insurer, agent, or affiliate of a member insurer, may not make, publish, disseminate, circulate, or place before the public, or cause, directly or indirectly, to be made, published, disseminated, circulated, or placed before the public, in any newspaper, magazine,...”
AS 21.79.030(b) (Construction)
“(b) This chapter is intended to provide coverage to a person who is a resident of this state and, in special circumstances, to a nonresident. In order to avoid duplicate coverage, if a person who would otherwise receive coverage under this chapter is provided coverage under the law of any other...”
AS 21.79.070(l) (Assessments)
“(l) A member insurer that wishes to protest all or part of an assessment shall pay when due the full amount of the assessment as set out in the notice provided by the association. The payment shall be available to meet association obligations during the pendency of the protest or any subsequent...”
AS 21.79.160(b) (Prohibited advertisement of insurance sales; required notice)
“(b) The association shall prepare a summary document describing the general purposes and current limitations of this chapter and complying with (c) of this section. This document shall be submitted to the director for approval. Beginning 60 days after the date on which the director approves the...”

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Alaska Life & Health practice test

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