In addition to covering mortality costs, a life insurance premium must reflect several adjustmeats An inutar avoY reduce premiums on an insurance policy to: cover the marketing and administrative expenses. recover taxes levied. cover the risk and expected profits. cover the insured's risk. recognize that the insurer expects to earn investment income on premiuns Question 35 (1 point) Which of the following plans is equivalent to a hypothetical single premiame that could be puis a be brgine of or contract, discounting for interest and mortality? Disappearing premium One-year Level premuim Yearly renetvable