Which two of the following characteristics apply to universal life insurance policies?

Question

Options

• AGroup deferred annuities.
• BDeposit administration contracts.
• CSeparate account contracts.
• DKeogh plans.
• ITo provide the insured with a number of investment options.

• A
  5% (2)
• B
  17% (7)
• C
  2% (1)
• D
  71% (29)
• I
  5% (2)

Explanation

Which of the following are NOT common funding vehicles used by insurers to invest in retirement plan assets as they are accumulated?

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