What Does Guaranty Association Mean?

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What does Guaranty Association mean? Read on to discover the definition & meaning of the term Guaranty Association - to help you better understand the language used in insurance policies.

Guaranty Association

Guaranty Association

Established by each state to support insurers and protect consumers in the case of insurer insolvency, guaranty associations are funded by insurers through assessments.

We hope the you have a better understanding of the meaning of Guaranty Association.

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