1. Tom signed an Offer To Purchase on a house. He applies for a home loan at OneSpot Bank. OneSpot requests that security be provided in the form of a life policy. Tom has a life policy, together with a disability accelerator, equal to the life amount to the policy. OneSpot suggests that he discuss the matter with one of their external financial advisors to consider his options. Tom is unsure what he should do to ensure he provides the suggested security. Choose the correct statement. a. There is nothing unreasonable about the request, Tom should consult with the house advisor and discuss his options. b. Tom should complain about the suggestion to the bank manager suggestions such as these are considered illegal. c. Tom can enter into a life policy with OneSpot Bank to serve as security for the loan, but the security will not be valid. d. Tom will not be able to provide the life cover as security, as there is an accelerated benefit on the policy. He will consequently have to take out a new policy. e. None of the above