Question: What happens when a reset is done under a 10-year segregated fund contract? A.The maturity date of the contract is set at 10 years from

What happens when a reset is done under a 10-year segregated fund contract?

A.The maturity date of the contract is set at 10 years from reset date.

B.The contract is deemed to be terminated.

C.The beneficiary of the contract has to be renamed.

D.The value of the contract is reset at the amount of the original deposit.

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