Margot is meeting with her insurance agent, Luke. Margot is young and healthy and feels this is a good time to apply for life insurance. She has a family history of cancer and understands the importance of applying while she is insurable, should anything ever change with her health. Luke has recommended a convertible term policy that Margot can convert to a whole life policy at any time over the next 20 years. Luke has offered Margot policies with either an original-age conversion or an attained-age conversion. Which statement accurately describes the conversion options? QORIS3Ubj|FaHBFY3VLMWQwVVJ1UT09 © a. • Both options allow for the conversion to happen at any time during the term b. Attained-age conversion results in overall lower premium payments c. • Original-age policies are more common than attained-age because of their additional benefits d. Original-age requires a lump sum to be paid at conversion