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Risk management begins with identifying and quantifying exposures. Premature death is a fundamental pure risk for an income-dependent household. The curriculum highlights performing a life insurance needs analysis using approaches such as the human life value, needs-based (capital needs), or capital retention method. Given the client’s limited group coverage and family dependence, the most direct, cost-effective tool is adequate term life insurance matched to duration of need (e.g., years to retirement or until dependents become self-supporting). Option A explicitly calls for a needs analysis first, then securing appropriately sized level-term coverage—consistent with best practices and the risk control hierarchy (transfer via insurance). Option B improves liquidity but does not address the large capital shortfall at death. Option C focuses on cash value accumulation; permanent insurance may be appropriate for lifelong needs (estate liquidity, special needs dependents), but for income replacement alone term is typically the efficient first solution. Option D leaves the family exposed to the employer’s plan limits and portability issues; relying solely on group coverage is risky because it may change or end with employment. Hence A is the best action aligned with CFP risk planning standards.