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Special Surplus Funds Are Portions of Surplus Allocated or Appropriated

Question 81

Multiple Choice

Special surplus funds are portions of surplus allocated or appropriated for a specific purpose. Special surplus funds usually are allocated voluntarily but also may be required by an insurance regulator. Which one the following is NOT an example of special funds:


A) Group contingency reserve
B) Group annuity contingency reserve
C) Participation is separate accounts
D) Guarantee Loan

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