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Are there limits on the amount that FWCIGA will pay?

Yes.  FWCIGA limits the amount they pay to the amount of coverage provided by the policy.  However, FWCIGA does not limit benefits paid to injured workers and pays 100 percent of the statutorily defined workers’ compensation benefits. Employer liability claims are limited to the lesser of $300,000 or policy limits. For unearned premium claims, FWCIGA’s obligation is limited to $50,000 and covers only policies in force on the date of liquidation.