Owen and Chelsea have been married for eight years and have two children, aged six and nine. Owen and Chelsea are divorcing and Owen has been

ordered to pay child support, until the youngest reaches age $25.$ The court has specified his monthly obligation to be $$1,700.$

What type of insurance provides the most cost$-$effective solution and how much insurance is needed?

$20-$year term life insurance with coverage of $$408,000$

Whole life insurance with coverage of $$510,000$

Term$-$to$-100$ with coverage of $$510,000$

$25-$year term life insurance with coverage of $$408,000$