The purpose of state insolvency, or guaranty, funds includes all but one of the following:
A) to prevent insolvencies among insurers,
B) to cover claims of insureds against insolvent insurers,
C) to avoid excessive delays in payment from insurers,
D) to assist in detecting insolvent insurers,
E) to rate the securities held by insurers so that state insurance commissioners can better monitor the finances of insurers.
Correct Answer:
Verified
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