Arkansas Insurance Adjuster Practice Exam 2025 - Free Insurance Adjuster Practice Questions and Study Guide

Question: 1 / 400

Residual market insurance programs are funded by:

banks

insurers and their policyholders

Residual market insurance programs are designed to provide coverage for individuals or entities that are unable to obtain insurance through traditional market channels. These programs are funded by insurers and their policyholders, as they are intended to cover risks that may not be profitable for private insurers to take on. Options A, C, and D are incorrect because banks, investment companies, and private owners are not typically involved in funding these programs.

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investment companies

private owners

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