Richard and Wendy are new parents and are considering purchasing life insurance but are unsure what type of coverage they require. The main goal is to ensure that they are able to maintain their standard of living and provide for their child if one or both of them were to die prematurely. They want coverage until their son is 18 and as they are adjusting to the costs of starting a family, affordability is one of the most important factors. Which of the following is the most suitable policy to meet their needs? Question 39 options: a) A term 10 joint-last-to-die policy. b) A term-100 policy. c) A UL yearly renewable term policy. d) A term 20 joint-last-to-die policy