Bob Martino is a new staff person at his firm. His firm audits XYZ, an insurance company with a very strong balance sheet. Which condition would allow him to obtain a life insurance policy from XYZ?

a) The insurance payout is not material to his net worth.

b) He is not a covered member with respect to XYZ.

c) He will charge less than 20 hours to the audit of XYZ.

d) The insurance premiums are not material to his net worth.