Final Answer:
The members of the Nevada Life and Health Insurance Guaranty Association include C. Insurance companies.
Step-by-step explanation:
Insurance guaranty associations are established to protect policyholders in the event of an insurance company's insolvency. In the case of the Nevada Life and Health Insurance Guaranty Association, the members are insurance companies. These associations are funded and supported by contributions from insurance companies to ensure that they can fulfill their obligations to policyholders, even if a member insurance company becomes financially unstable.
While policyholders benefit from the protection provided by guaranty associations, they are not direct members of these associations. Insurance agents, likewise, are not typically members of guaranty associations. The primary purpose of these associations is to safeguard the interests of policyholders by providing a safety net in situations where an insurance company is unable to meet its obligations.
In summary, the correct answer is C. Insurance companies, as they are the members of the Nevada Life and Health Insurance Guaranty Association.