You Are 33-Years Old and Have Children Ages 3,6 and 8.You

You are 33-years old and have children ages 3,6 and 8.You have determined that you need an additional $700,000 in additional life insurance.You should buy.

A) one $700,000 5-year, guaranteed renewable term life policy.
B) one $700,000 cash-value life insurance policy with guaranteed insurability.
C) 3-5, 5-year, guaranteed renewable term life policies in various amounts adding up to $700,000.
D) realize that you cannot afford such coverage and simply start saving more in case you die before your children are independent.