Which of the following is NOT true?

Which of the following is NOT true?



a. the Life and Health Guaranty Association is comprised of representatives from the DOIs of every state
b. the Association's liability is generally limited to that of the impaired instance company
c. the Life and Health Guaranty Association's maximum coverage is $500,000
d. the Life and Health Guaranty Association was created to protect policy owners financially if their insurers become insolvent


Answer: a

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