Which of the following is NOT typically included in an annuity application?

The choice of a business plan and investment strategy as something that is typically not included in an annuity application is correct. Annuity applications generally focus on collecting vital personal information, such as identification, financial status, and health information of the applicant. These details help the insurer assess the suitability of the annuity product for the applicant based on their financial goals, risk tolerance, and health condition.

Personal identification and financial statements are essential for determining the applicant's identity, financial situation, and ability to meet the premium payments. The application form also includes relevant disclosures which inform the applicant of their rights, the terms of the annuity, and any applicable fees or penalties. Additionally, health status information may be requested to evaluate the risk of insuring the applicant, as certain annuity products could be sensitive to the applicant's health condition.

In contrast, a business plan and investment strategy are more relevant to investment products or business funding rather than personal annuity products, thus making this the option that is not typically included in an annuity application.