28 Lorna is a 50-year-old widow in excellent health. She owns a 20-year renewable and convertible term policy that was taken to protect her three children if she dies. Today, her three adult children are doing well Lorna would like to leave a bequest to her favourite charity in an amount equal to the death benefit of the renewable and convertible term policy that she owns. Her term policy comes up for renewal shortly. Which of the following options will be the least expensive method for Lorna to achieve her objective? a. O Convert the renewable and convertible term policy to a universal life policy b. O Convert to a new Term-100 (T-100) policy CO Renew her renewable and convertible term policy for another 20 years d. O Not renew er renewable and convertible term policy but purchase a new 20-year non-renewable term policy to reduce her premiums