The refund feature on an annuity guarantees that A) you will be sat

The refund feature on an annuity guarantees that

A)

you will be satisfied with the investment build-up, because you may withdraw your funds at will.
B)

you can withdraw all your contributions at age 59-1/2.
C)

payments will continue until they have at least refunded the cost of the annuity.
D)

the insurance company can refund your payments and terminate your annuity at its discretion.

ANSWER

C