Gabriella's spouse passed away many years ago. Her only son is seven years old and attending elementary school. She would like to set aside some money each year to achieve some tax deferred growth. Although protection is not the top priority, she hopes the money can stay in her family. After discussing with the insurance agent, she believes buying universal life insurance and naming her son as the insured can fulfill that mandate. Gabriella told the agent in the event she pre-deceases her son, she would like her sister to continue monitoring the plan. She hopes the insurance plan can stay in force for as long as possible so the account value can grow in the long run. How should the agent setup the policy to help her fulfill her intention? Designate her son as irrevocable beneficiary and her sister as successor owner b) Designate herself as the primary beneficiary and her sister as successor owner. Oc) Designate her sisar as primary beneficiary and her son as contingent beneficiary. d) Designate her son as primary beneficiary and her sister as contingent beneficiary. COM