Question #$26$ of $50$

Which of these might be a valid reason for considering a Section $1035$ exchange?

A$)$ the opportunity to avoid evidence of insurability if the exchange involved life contracts

B$)$ the potential for a greater return in a separate account if it involved annuity contracts

C$)$ the opportunity for a greater taxation if it involved life contracts

D$)$ the opportunity for reduced tax deferral and increase taxation if a life contract is exchanged for an annuity