Providing Benefits for ELNY Payees

elcome to the Web site for Guaranty Association Benefits Company (GABC), the company formed by state life and health insurance guaranty associations to pay benefits to former payees and certificate holders of Executive Life Insurance Company of New York (ELNY), in liquidation.

From ELNY’s liquidation to June 30, 2026, GABC paid over $1.1 billion in benefits to former payees and certificate holders of ELNY. On July 1, 2026, GABC sold its remaining annuity liabilities to Pacific Life.

Use the links above to learn more about GABC and the sale of its remaining annuity liabilities to Pacific Life.