Gregory, a 48 year old widower, has been a successful investor. He has a large registered retirement savings plan (RRSP) and a rental property. Both of these assets consistently appreciate. He realizes that the tax consequences on his death will be significant; at this point he calculates the bill would be $400,000 before accounting for expected appreciation. Gregory wants to offset the tax on the RRSP by purchasing life insurance. He also has a $250,000 mortgage on the family home with 15 years remaining. He does not want to leave his adult son with the burden of the mortgage should he pass away early. Which of the options below would best meet Gregorys needs while being cost efficient?
a)		a $650,000 Universal Life
b)		a $650,000 Term 100
c)		a $400,000 Whole Life Participating and a $250,000 Term 10 renewable rider
d)		a $400,000 Term 100 and a $250,000 Term 20 not renewable rider