Question 10029 of 287 · Texas Life, Accident and Health Agent Exam
The Texas Life and Health Insurance Guaranty Association exists to
Exactly one answer is correct.
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Correct answer to question 10029
- B: pay covered claims of policyholders when a member insurer becomes insolvent
Explanation
It is funded by assessments on member insurers after an insolvency. Coverage is limited to statutory maximums.
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