Richard, age 35, is married and has two children, ages 2 and 5. He is considering the purchase of additional life insurance. He has the following financial goals and objectives: Pay off the mortgage on his home, which has 25 years remaining Accumulation of a sizeable retirement fund Payment of monthly income to the family if he should die Withdrawal of funds from the policy when the children reach college age For each of the following life insurance policies, indicate which of the above financial goals, if any, could be met if the policy is purchased. Treat each policy separately. Decreasing term insurance Ordinary life insurance Universal life insurance Variable universal life insurance