Which of the Following Is NOT a Differentiation Between Deposit

question 59

Multiple Choice

Which of the following is NOT a differentiation between deposit insurance and state guaranty funds for the insurance industry?

• A)The required contributions provided by surviving insurers differs widely across states.
• B)The annual pro rata contributions often are legally capped for each insurer as a percent of premium income.
• C)A permanent guaranty fund does not exist for the insurance industry.
• D)Contributions by surviving firms into the guaranty fund occur before an insurance company has failed.

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Definitions:

Age of Viability

The stage of fetal development when the fetus is capable of surviving outside the uterus, typically around 24 weeks of gestation.

Prematurely

Occurring or done before the usual or proper time; too early.

Maternal Malnutrition

Poor nutritional status of a mother during pregnancy, which can affect fetal development and increase the risk of birth complications.

Neurological Defects

Abnormalities or malfunctions in the nervous system that can lead to various disorders or disabilities.