Listen Alphonso is considering purchasing a $200,000 life insurance policy. Alphonso is a 32-year-old single male with perfect health and no children. Which life insurance policy is best for Alphonso? Policy A| Policy B Policy C Policy D Term or whole Term Term Whole Whole Death benefit $200,000 $200,000 $200,000 $200,000 Q Protection period 15 years |30 years Life Life Cost per year $495 $500 $6900 $7100 Q Proceeds paid to beneficiaries Yes Yes Yes Yes Q Convertible term No Yes No Yes Dividends No Yes Yes Yes Q Policy A Policy B Policy D Policy C