The maximum liability assumed by the Property and Casualty Insurance Guaranty Association with regard to an individual insured is no more than:

a. $25,000 per claim and $300,000 per policy

b. The amount of the claim

c. The amount of each claim, up to $300,000 per claim

d. The amount of an existing claim, up to the policy limit

Answer: c. The amount of each claim, up to $300,000 per claim

Arkansas State Law

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