Which one of the following statements identifies a purpose or characteristic of a survivorship life insurance policy?

A) When the insured parties are a husband and wife, a purpose can be to allow the first spouse to die to receive the death proceeds free of transfer tax.

B) A purpose is to provide estate liquidity at the death of the survivor of the insured parties.

C) The premium will be more than the combined premiums on separate policies for each of the insured parties.

D) The underwriting will concentrate most on the insured party that is likely to die first.