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The separate account that the insurance company maintains for a variable annuity is: A directly invested in common stocks B invested in Legal List securities only C invested in designated mutual funds
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The separate account that the insurance company maintains for a variable annuity is: A directly invested in common stocks B invested in Legal List securities only C invested in designated mutual funds D invested in U.S. Government guaranteed securities

User Sonny Ng
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5 votes

Answer:

B

Step-by-step explanation:

The separate account that the insurance company maintains for a variable annuity is invested in Legal List securities only.

User Dorine
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