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Virginia Life Accident Sickness Insurance Guaranty Association Virginia Life Accident Sickness Insurance Guaranty Association Helping Virginias policyholders when they need it the most. Welcome Welcome to the Virginia Life Accident Sickness Insurance Guaranty Association guaranty association Web site. We hope you find this site helpful in providing information regarding the purpose of the guaranty association and how it protects resident policyholders in the event of an insurance company insolvency. Announcements Information for Policyholders of Colorado Bankers Life Insurance Company CBL and Bankers Life Insurance Company BLIC On November 30 2024 guaranty associations were activated to provide coverage to CBL and BLIC policyholders.