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. 1 Question 3 (1 point) Listen Which of the following statements about the reset guarantee under an individual variable insurance contract is correct? Exercise

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. 1 Question 3 (1 point) Listen Which of the following statements about the reset guarantee under an individual variable insurance contract is correct? Exercise of the reset option also restarts the maturity period for the whole policy. Exercise of the reset option resets the guarantee from 75% to 100%. Exercise of the reset option establishes a new base for the death benefit guarantee but not the maturity benefit guarantee. Exercise of the reset option establishes the minimum guarantee to the amount of the original deposit if the fund value has fallen below 75% of the original deposit O BE

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