2. Which is incorrect regarding annuities?
a. Annuities do not use the pooling technique to spread risk
b. An owner may change the annuity date, the beneficiary, or the settlement option
c. Once the payout period begins, the annuitant receives periodic payments
d. The accumulation period is the period prior to the annuitization date
a. Annuities do not use the pooling technique to spread risk
b. An owner may change the annuity date, the beneficiary, or the settlement option
c. Once the payout period begins, the annuitant receives periodic payments
d. The accumulation period is the period prior to the annuitization date
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letter C
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