Brent and Gail were approached by an acquaintance who happens to be an insurance agent. After a fact-finding session, it became apparent that the couple didn't need additional life insurance. Still, the agent discussed a plan where they could purchase a large policy on their own lives, pay the premium for a year and then assign the policy to a firm that would, in exchange, provide an attractive lump sum of money. However, the agent failed to tell them that, in recent years, this type of policy assignment has been deemed invalid by most Canadian insurance companies. What makes these policy assignments invalid? O a) Life insureds like Brent and Gail don't have the right to assign a policy. b) Policyholders must own their policy for at least two years before they can assign it. c) The third-party buyer doesn't have an insurable interest in the life insureds. d) Successor policyholders only come to own a policy after the original owners death