Question #$24$ of $50$

An agent can avoid any penalties associated with the exchange of insurance company products if

A$)$ the exchange involves one fixed annuity for another fixed annuity involving two different companies

B$)$ the Section $1035$ exchange involves a life insurance contract for an annuity contract because evidence of insurability is not required for the annuity

C$)$ after thorough discussion of the suitability of a possible exchange, no exchange takes place

D$)$ the Section $1035$ exchange is accomplished within the same company