Question

In which fund are premiums for a variable whole life insurance policy invested?

a. The insurer's general account
b. The insurer's separate account
c. The state guaranty fund
d. The insurer's reserves

Answer 1

In a variable whole life insurance policy, the premiums are invested in the insurer's separate account.

Step-by-step explanation:

In a variable whole life insurance policy, the premiums are invested in the insurer's separate account. The separate account is a investment account that is tied to the performance of underlying investments such as stocks, bonds, or mutual funds.