Which of the following statements about the yearly renewable term method (YRT) of providing life insurance is false? A. Under YRT, the policy owner needs to renew his policy every year if he wants more than one year's insurance protection. B. Under YRT, each year's premium is based on that year's mortality rate; therefore, the premiums increase as the insured becomes older. C. Under YRT, adverse selection is likely to happen. D. Under YRT, the premiums remain constant for the insured at each renewal of his policy. inh life insurance policy provision specifies that it is the policyowner, not the insured or beneficiary, that L'In the policy is in force