Question: What is a variable annuity? (Choose the correct answer from the list below.) A type of car insurance whose premium varies depending on how many


What is a variable annuity? (Choose the correct answer from the list below.) A type of car insurance whose premium varies depending on how many miles you drive. A type of health insurance policy with a high deductible. O An investment product sold by an insurance company that makes fixed payments over time. An investment product sold by an insurance company that makes payments based on the performance of an investment portfolio. What is reinsurance? (Choose the correct answer from the list below.) O Renewing an insurance policy. Insurance that an insurance company purchases from a "reinsurance company. a Insuring yourself against the same thing twice. Carrying a supplemental insurance policy
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