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Antonin and Magali are common-law partners in their thirties.

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Antonin and Magali are common-law partners in their thirties. They have two children together: a five-year-old daughter and a two-year-old son. Divorced from ex-wife Vanina, Antonin must pay her $1,500 a month in child support until their 10-year-old son reaches 25 years of age. Antonin is covered under a group life insurance policy equal to one year of his $75,000 annual salary. Magali does not currently earn any income, as she takes care of their two children full-time. Antonin is the sole owner of their residence, which will be fully paid off in 25 years.

What life insurance coverage do Antonin and Magali need in their situation?

A.

Permanent coverage to replace Antonin's income.

B.

Permanent coverage to replace Antonin's income and 15-year term coverage to support the child from his previous relationship.

C.

Mortgage payment coverage, term-to-age 65 coverage to replace Antonin's income and 15-year term coverage to support the child from his previous relationship.

D.

Mortgage payment coverage, group insurance coverage equal to twice Antonin's annual salary and 15-year term coverage to support the child from his previous relationship.

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