(iii) (c) The state in which the person resides has an association similar to the Maine Life and Health Insurance Guaranty Association; and

(iv) (d) The person is not eligible for coverage by the association in that state.; and

C. To any person who is a payee under a structured settlement annuity, or to a beneficiary or beneficiaries of a payee if the payee is deceased, if the payee:

(1)__Is a resident, regardless of where the contract owner resides; or

(2)__Is not a resident, if all of the conditions of either division (a) or (b) are met:

(a)__The contract owner of the structured settlement annuity is a resident; or

(b)__The contract owner of the structured settlement annuity is not a resident, but:

(i)__The insurer that issued the structured settlement annuity is domiciled in this State;

(ii)__The state in which the contract owner resides has an association similar to the association created by this chapter; and

(iii)__The payee or beneficiary and the contract owner are not__eligible for coverage by the association of the state in which the payee or contract owner resides.

This chapter does not provide coverage to a person who is a payee or beneficiary of a contract owner who is a resident of this State if the payee or beneficiary is afforded any coverage by a similar association of another state.

This chapter is intended to provide coverage to a person who is a resident, and, in special circumstances as provided by this section, to a person who is not a resident.__In order to avoid duplicate coverage, if a person who would otherwise receive coverage under this chapter is provided coverage under the laws of any other state, that person may not be provided coverage under this chapter.__In determining the application of the