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In Business / College | 2025-07-08

During the accumulation period, who can surrender an annuity?
A. Payor
B. Policyowner
C. Annuitant
D. Beneficiary

Asked by titus280

Answer (2)

During the accumulation period of an annuity, the individual who can surrender it is the policyowner. They hold the rights to make decisions regarding the annuity's future, unlike the payor, annuitant, or beneficiary. Therefore, the correct choice is B. Policyowner. ;

Answered by GinnyAnswer | 2025-07-08

The individual who can surrender an annuity during the accumulation period is the policyowner. They have the authority to make decisions regarding the annuity, unlike the payor, annuitant, or beneficiary. Consequently, the correct choice is B. Policyowner.
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Answered by Anonymous | 2025-07-24

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