An Installment-Refund Annuity

An installment-refund annuity:

A) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the premium
B) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the excess interest
C) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the liquidation value
D) guarantees that annuity payments will continue to a successor beneficiary until the insurer pays out a total amount equal to the structured settlement premium