QUESTION IMAGE
Question
question 26 of 60
the aggregate limit of liability for any one individual of the life and health insurance guaranty association is
a. $500,000.
b. $100,000
c. $300,000
d. unlimited
Brief Explanations
The aggregate limit of liability for any one individual of the Life and Health Insurance Guaranty Association is typically $300,000. This is a standard regulatory - set limit to protect policyholders in case of an insurance company's insolvency.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. $300,000