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