which of the following best describes pure life annuity?
a) A type of annuity that provides regular payments until the annuitant's death, with no guarantee of minimum payments or a beneficiary.

b) An annuity that offers fixed payments for a specific term, regardless of the annuitant's lifespan.

c) A variable annuity that allows the annuitant to participate in the market performance, with the potential for higher returns.

d) A deferred annuity that delays payments until a later date chosen by the annuitant.