The Guarantee Fund is a self-governing institution which is regulated by law. The Fund was established in 2003 because the policyholders and injured parties of the non-life insurance company Plus Forsikring A/S suddenly stood without insurance coverage when the company went bankrupt. \r   \r With the establishment of the Guarantee Fund, it was particularly ensured that the Fund will step in and provide cover for consumer insurance policy holders in the event of a non-life insurance company’s bankruptcy.