Which type of insurance is NOT an account under the Guaranty Association?

Health insurance is not an account under the Guaranty Association because these associations specifically provide a safety net for policyholders in the event that an insurance company becomes insolvent. The Guaranty Association mainly covers certain types of property and casualty insurance, such as auto and homeowners, as well as workers' compensation, to ensure that claims can still be paid even if the insurer goes out of business.

In contrast, health insurance does not fall under the same category and is typically regulated differently. Health insurance policies are subject to different regulatory frameworks that do not include guaranty funds, which is why they are excluded from such protection. Therefore, understanding the types of insurance that are included and excluded from the Guaranty Association is crucial for comprehending how policyholder protections work in the context of insolvency.