Step 1: Recall the corner frequency formula.
For a factor of the form
\[
1+\tau s,
\]
the corner frequency is
\[
\omega=\frac{1}{\tau}.
\]
Step 2: Determine the zero and pole frequencies.
The zero term is
\[
1+0.2s,
\]
so
\[
\omega_z=\frac{1}{0.2}=5\ \text{rad/s}.
\]
The pole term is
\[
1+0.5s,
\]
so
\[
\omega_p=\frac{1}{0.5}=2\ \text{rad/s}.
\]
Hence,
\[
\boxed{\omega_z=5,\qquad \omega_p=2.}
\]
Therefore,
\[
\boxed{(D)}
\]
is the correct answer.