question 13 of 60\nwhen an annuity is written, whose life expectancy is taken into consideration?\na…

question 13 of 60\nwhen an annuity is written, whose life expectancy is taken into consideration?\na. annuitant\nb. beneficiary\nc. owner\nd. life expectancy is not a factor in annuities

question 13 of 60\nwhen an annuity is written, whose life expectancy is taken into consideration?\na. annuitant\nb. beneficiary\nc. owner\nd. life expectancy is not a factor in annuities

Answer

Brief Explanations:

An annuity is a financial product. The life - expectancy of the annuitant, the person who will receive the annuity payments, is crucial as it affects the payment schedule and amount.

Answer:

A. Annuitant