In the notes section of a Future Annulation plan,insurance liabilities can do all of the following except that it
A) can elect to take out term life cover with FS Plan up to a maximum of $1.5 million per member
B) uses the services of an actuary to determine its insurance contract liabilities.
C) entity has reinsured all direct insurance risks with ABC Reinsurance (Australia)
D) all of the above
Correct Answer:
Verified
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