Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

question 26 of 60 the aggregate limit of liability for any one individu…

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

Explanation:

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.

Answer:

C. $300,000