Question 35 1 points Save Ans Life expectancy and health factors are considerations when determining the cost of life insurance. Which of the following statements about life insurance premiums is not true A. Under the level premium concept, more money is collected in the early year of a policy than is required to cover the risk of dying O B. The formula for a life insurance premium is mortality cost plus operating expenses plus investment return. C. Mortality rate is the rate of death expected in the upcoming year based on current age O D. Morbidity represents the incidence of disease and illness within a given population