James was 28 years old when he immigrate to Canada 15 years ago with his daughter Nav, 2 years old, and his wife Helena. Almost a year after his arrival, he was invited by a friend to attend a financial literacy seminar and learned about life insurance. His friend advised him to buy life insurance for himself and his wife so that he will get some protection. However, James was reluctant. He has now an annual income of $ 55,000 and Helena earns 30,000 annually. They have two more children and a mortgage. They are now worried about their children's future education and paying off their mortgage. Finally, they decided to buy a life insurance policy. Which of the following was the best time for James to buy the life insurance? Question 7 options: Now 10 years ago 15 years ago 5 years from now