Answered

Explore a vast range of topics and get informed answers at IDNLearn.com. Ask your questions and get detailed, reliable answers from our community of experienced experts.

An annuity contract in which the owner and annuitant are two different parties is known as:

A. owner driven
B. investor driven
C. annuitant driven
D. beneficiary driven

Sagot :

GinnyAnsweridn

Final answer:

An annuity contract where the owner and annuitant are different parties is referred to as beneficiary driven.


Explanation:

An annuity contract in which the owner and annuitant are two different parties is known as beneficiary driven. In this type of annuity, the owner purchases the annuity for the benefit of another individual, who is the annuitant.


Learn more about Annuities here:

https://brainly.com/question/39419397


Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to assisting you again.