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What Would Happen if a Big Insurer Failed?
By
Allison Bell
Analysis September 04, 2024 at 03:51 PM
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What You Need To Know
- A guaranty fund can impose assessments to come up with the cash needed to make good on guarantees.
- A fund can also issue bonds.
- In extreme situations, a fund can get court approval to reduce the amount of protection it provides.
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