For Income Tax Purposes, X Co

For income tax purposes, X Co. can deduct life insurance premiums paid providing:

A) the life insurance policy is required as security on a loan from a financial institution.
B) the interest payable on the loan for which the life insurance is required is deductible by X Co. for tax purposes.
C) the premium paid is for insurance on the president of X Co.
D) Both A and B.
E) All of A, B, and C.