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Many insurance companies have two major types of portfolios: the general account and one or more separate accounts. The following statements are about an insurance

Many insurance companies have two major types of portfolios: the general account and one or more separate accounts. The following
statements are about an insurance company's general account and separate account portfolios. Select the answer choice containing the
correct statement.
A. The type of account that supports an insurance company's variable products is the general account.
B. The general account is divided into subaccount types, such as high-yield bond funds, energy funds, and equity index funds.
C. The customer, rather than the insurance company, generally bears the investment risk associated with assets in a separate account.
D. Most of an insurance company's separate account investments are in commercial mortgages.

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