Ebenezer Scrooge is the richest man in the world. His net worth is estimated to be $100 billion. As a resident of the United States, Ebenezer is subject to estate tax, which will result in a tax liability of approximately $50 billion upon his death. Ebenezer is not happy with this prospect, and requests that your insurance company, Safe & Sure, issue a $50 billion life insurance policy on his life to cover the payment of estate taxes. Ebenezer does not trust other insurance companies, and insists that your company underwrite the entire risk. Which of the following statements concerning this situation is correct? a. The insurance company should decline to underwrite this coverage because it cannot measure its potential loss in the event Ebenezer dies earlier than expected. b. The insurance company should decline to underwrite this coverage because it could result in a catastrophic loss to the insurer. c. The insurer should underwrite this coverage because the probability of loss is determinable using current actuarial standards. d. The insurer should underwrite this coverage because Ebenezer can afford to pay the premium on the policy.