Which Of The Following Is Not True Regarding The Annuitant?

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Which Of The Following Is Not True Regarding The Annuitant?

 Options:

  • A. The annuitants life expectancy is taken into consideration for the annuity
  • B. The annuitant receives the annuity benefits
  • C. The annuitant must be a natural person
  • D. The annuitant cannot be the same person as the annuity owner

The Correct Answer Is:

  • D. The annuitant cannot be the same person as the annuity owner

Conclusion

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