The insurer's role in an annuity contract is primarily to?

The insurer's primary role in an annuity contract is to invest the purchaser's funds. When a consumer buys an annuity, they are essentially entering into a contract with the insurer, where the insurer agrees to manage and invest the funds submitted by the purchaser. This investment can involve a variety of assets, depending on the type of annuity chosen (fixed, variable, or indexed), and the insurer is responsible for ensuring that the funds grow accordingly over time.

Investing the purchaser's funds is crucial because the performance of these investments will ultimately impact the payout amounts the purchaser will receive, whether through a stream of income during retirement or a lump-sum payment. Additionally, the insurer assumes the risk associated with the investments and the future payments, thereby providing a level of security and assurance to the purchaser.

In the context of this annuity contract, the other options play a more peripheral role. Providing educational resources may be a value-added service, but it is not the fundamental role of the insurer in the context of managing the contract itself. Selling additional financial products could occur as part of the insurer's broader business strategy but is not intrinsic to the annuity contract's purpose. Overseeing market risks is a function the insurer may engage in, but it is