$17.$ Gary and Mary have two young children. Gary is a stay at home dad and Mary is a teacher. Mary has a good pension through work, and the couple has not really been able to save outside of her pension. The couple is considering purchasing life insurance and are considering a permanent joint last to die policy.

Why should they consider term policy over the permanent policy they are considering?

a$)$ Affordability

b$)$ Their life expectancy

c$)$ The age of their children

d$)$ Tax deferred savings