Question 3032 of 303 · California Life-Only Agent Exam

The California Life and Health Insurance Guarantee Association (CLHIGA) exists to

Exactly one answer is correct.

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Correct answer to question 3032

  • D: protect policyholders if a member insurer fails

Explanation

CLHIGA provides limited protection when a member insurer fails. It is funded by assessments on member insurers, not by taxpayers.

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