In the Insurance Industry, State Guarantee Funds Have a Number

In the insurance industry, state guarantee funds have a number of important differences from deposit insurance.Which of the following is NOT one of these differences?

A) No permanent guarantee fund exists for the insurance industry.
B) They're run and administered by private insurance companies themselves.
C) In the event of a failure, the other insurers operating in the state are levied a fee based on the premium income derived within the state.
D) Small policy holders of the failed institution experience no delay when receiving the cash value of their policies.
E) Pro rata contributions by the surviving institutions are often capped at 2 percent of premium income.