Stan purchased a policy on the life of his wife, Mary, payable to their son, Stephen. Which of the following statements is true? O a) Stan is the insured, Mary is the policyowner, and Stephen is the beneficiary. Ob) Stan is the policyowner, Mary is the life insured, and Stephen is the beneficiary. Oc) Stan is the beneficiary, Mary is the insured, and Stephen is the policyowner. O d) Stan is the insured, Mary is the beneficiary, and Stephen is the policyowner