Two types of investment accounts are an insurer's general account and separate account. Consider the following customers of the Aurora Insurance Company: Benjamin Fripp owns a traditional life insurance policy that he purchased from Aurora. Aida Asmelash owns a variable life insurance policy, and she invests her premiums in the subaccounts Aurora offers. Daniel Payne owns a fixed annuity contract that he purchased from Aurora. The following statements are about these insurance products and investment risks. Select the answer choice containing the correct statement. When Mr. Fripp pays the premiums for the traditional life insurance policy, Aurora will classify these funds as separate account assets. Aurora invests the premiums it receives from Ms. Asmelash in various subaccounts within its general account. Mr. Payne assumes the investment risk of his fixed annuity contract. Aurora most likely invests its general account assets in relatively secure investments that tend to have a lower rate of return than they might receive from riskier investments.