Guaranty Fund (insolvency Fund)

Definition of "Guaranty fund (insolvency fund)"

Priscilla Figueroa real estate agent

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Priscilla Figueroaelite badge icon

Keller Williams Realty of Manatee

Aggregate sums, in certain states, to pay claims of insolvent insurance companies. These funds are maintained by contributions of companies operating in a particular state in proportion to their business written in the state. A guaranty fund insures the integrity of the insurance business.

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