The president of a company is starting an annuity and decides that his corporation will be the annuitant. Which of the following statements is true?1. The annuitant must be a natural person.2. A corporation can be an annuitant as long as it is also the owner.3. A corporation can be an annuitant as long as the beneficiary is a natural person.4. The contract can be issued without an annuitant.
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The post The president of a company is starting an annuity and decides that his corporation will be the annuitant. Which of the following statements is true? 1. The annuitant must be a natural person. 2. A corporation can be an annuitant as long as it is also the owner. 3. A corporation can be an annuitant as long as the beneficiary is a natural person. 4. The contract can be issued without an annuitant. appeared first on Superb Professors.
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