Which of the following statements about the Life Insurance section of the lecture material are TRUE:

1. Life insurance policies that bundle a savings product together with death cover in one policy can be a good option for people who would like to make sure that they receive a payout at age 60 whether they live until 80 or die prematurely before the age of 60.
2. Trauma insurance pays a lump-sum amount upon diagnosis of a serious illness, such as cancer. This could be a useful form of insurance if someone has a history of a particular type of cancer in their family.

a/. Neither of the statements are true (both are false)

b/. Only statement 1 is true

c/. Only statement 2 is true

d/. Both statements are true (neither are false)