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________ Allow Investments to Be Made, Up to a Certain

Question 109

Multiple Choice

________ allow investments to be made, up to a certain percent of invested or total admitted assets, in assets that do not otherwise meet regulatory requirements. If their domiciliary jurisdiction regulations have a this, a life insurer with a business purpose for doing so can make a limited amount of mortgage loans that do not meet regulatory requirements without a reduction in surplus. However, some jurisdictions do exercise some extraterritorial jurisdiction related to it.


A) Loan application
B) Basket clause
C) Underwriting agreement
D) None of these

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