Which of the following is NOT covered by CTHLIGA's individual benefit limits?

CTHLIGA, the Connecticut Health Insurance Guaranty Association, provides a safety net for policyholders in the event that an insurer becomes insolvent. The important aspect of the individual benefit limits under CTHLIGA is that certain types of insurance benefits are specifically covered while others are excluded.

Loan benefits, which relate to borrowing against the cash value of a life insurance policy, fall outside the scope of CTHLIGA's coverage. This means that if a policyholder has taken out a loan on their life insurance policy, and the insurer becomes insolvent, CTHLIGA will not provide coverage for the outstanding loan amount.

On the other hand, the death benefit, cash surrender value, and health insurance benefits are covered up to individual limits of $500,000. These represent benefits to policyholders that CTHLIGA aims to protect in case of insurer default. Thus, it is significant to note that while various insurance benefits have specific caps, loan benefits are not included in this protective framework. This distinction is crucial for understanding the limitations of coverage provided by CTHLIGA.