Which of these statements regarding the annuitant is CORRECT?

Which of these statements regarding the annuitant is CORRECT? 



a) The contract can only be assigned by the annuitant
b) The annuitant is the only individual who can surrender the contract
c) The annuitant must also be the beneficiary
d) The annuitant's life expectancy determines the annuity payments


Answer: d) The annuitant's life expectancy determines the annuity payments

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