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JamesLu JamesLu
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6 years ago
To protect policyholders, state laws place limitations on a life insurance company's investments. The assets backing interest-sensitive products, such as variable life insurance and variable annuities, are not subject to these restrictions. Assets backing interest-sensitive products are placed in a special account called the life insurer's
A) policy reserve account.
B) policy loan account.
C) separate account.
D) policyholders surplus.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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JamesLu Author
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6 years ago
Thanks
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