39. Carl owns an indexed life insurance policy that allows him to re-allocate funds from an index strategy to a fixed interest strategy. Fearing that the economy is headed downwards, he wants to transfer the funds as soon as he can. When is he likely to be able to make such a transfer? O a. Transfers from one strategy to another can normally be made at any time. b. on any policy anniversary c. on any monthly deduction day d. at the end of an index term period