Question $35(1$ point$)$milie and Andr$,$ a young couple in their twenties, have two young children aged $3$ and $6$ years old. Right now, $$milie is the only one with regular employment, because Andr$$ has decided to go back to school full time and also take care of the kids. The family budget is very tight and milie does not have a workplace group insurance plan. However, they realize that they need financial protection.What is the least expensive financial protection that $$mile and Andr$$ could g a$)$ A term life insurance policy on $$milie$\text{'}$s life only.b$)$ A term life insurance policy on Andr$\text{'}$s life only. c$)$ A joint first$-$to$-$die permanent life insurance policy on Andr$$ and Emilie's lives.d$)$ A joint last$-$to$-$die permanent life insurance policy on Andr$$ and $$milie$\text{'}$s lives.