landina $1035$ Exchances, $2$nd Edition Certification Exam

Understanding $1035$ Exchanges, $2$nd Edition Certification Exam

$0128$:$31$

Question $$35$ of $50$

When executing a Section $1035$ exchange involving life insurance contracts, the status of the primary beneficiary

A$)$ would only come into play if named revocable

B$)$ would only come into play if named irrevocably

C$)$ has to be considered if the change is from a variable contract to a fixed product

D$)$ has to be considered if the change is from a fixed product to a variable contract