Final answer:
The CLHIGA provides protection against insolvency for Health Maintenance Organization (HMO) policies, life insurance policies, and annuity contracts but not for title insurance policies. Hence, the correct answer is (d) Title insurance policy.
Step-by-step explanation:
The question is asking which of the given types of insurance policies is not protected against insolvency by the Consol Life & Health Insurance Guarantee Association (CLHIGA). The CLHIGA typically provides protection for health maintenance organization (HMO) policies, life insurance policies, and annuity contracts. Therefore, the correct answer is (d) Title insurance policy, as CLHIGA does not typically offer protection against insolvency for title insurance policies.
Title insurance is a form of indemnity insurance that protects against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. In contrast, life insurance policies, annuity contracts, and health maintenance organization (HMO) plans, are types of insurance that might fall under the protection of CLHIGA, which is designed to provide a safety net for policyholders in the event that an insurance provider becomes insolvent and is unable to meet its obligations.