Answered

Which of the following types of policies are protected by the South Carolina Guaranty Association?

A. Life insurance policies and annuities
B. All of the above
C. Accident and health insurance policies
D. Supplemental policies



Answer :

GinnyAnswer

Final answer:

The South Carolina Guaranty Association protects life insurance policies and annuities for policyholders.


Explanation:

Life insurance policies and annuities are the types of policies protected by the South Carolina Guaranty Association. This protection ensures that policyholders receive their benefits even if their insurance company becomes insolvent.


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