which of the following statements about annuities ( offered by insurance companies) is not true?

A. Annuities generally offer monthly income until annuitant dies

B. Annuities generally require a large premium or accumulation of smaller premiums prior to the beginning of the liquidation phase

C. some annuities can never last beyond the life of a single annuitant

D. Backing out of an annuity contract can result in significant surrender charges