Bob has $40,000 to deposit and has a choice between his bank's 5 -year GIC and his insurance companys deferred annuity' for the same time period. He chooses the insurance company's deferred annuly because: Select one: a. As an insurance product it is not taxed until maturity b. GICs are taxed annually whereas deferred annuities are not c. An annuity can be creditor protected and bypass probate d. It provides greater consumer security if insurance company becomes insolvent