Mary, a licensed insurance representative, meets with her clients, Jack and Jill. Jack owns a UL policy with a current CSV of $10,000 which he purchased about 5 years ago. Jill's mother has just passed away, and Jill was the beneficiary of her mother's $1,000,000 life insurance policy. Jack and Jill have been married for 12 years, but are now getting divorced. They ask Mary, "How does divorce affect the insurance policies?" How should Mary respond? Question 18 options: A) The insurance proceeds received by Jill would be subject to division upon divorce, but Jack's UL policy would be excluded. B) Both Jack's UL policy and the insurance proceeds received by Jill would be subject to division upon divorce. C) Neither Jack's UL policy nor the insurance proceeds received by Jill would be subject to division upon divorce. D) The CSV of Jack's UL policy would be subject to division upon divorce, but the insurance proceeds received by Jill would be excluded