Answer:
Owner
Step-by-step explanation:
There are generally not only two parties involved in an annuity. Rather there are four parties. Out of them one is the owner.
Basically owner is the one who owns the annuity.
There is a party in the contract called annuitant, which basically is the key, and majorly is the owner himself. As that the life of the annuitant is used as a calculator to determine the life of the annuity.
The beneficiary generally being nominated by the owner gets the amount of annuity after the cease of the period.
In case there is no death clause, and a specified period clause of annuity, amount is received by the owner.
So ultimately the owner posses all the rights.