Which of the following factors is not considered when calculating premium in life assurance policy?

A. expense
B. mortality
C. interest
D. losses

Correct Answer: Option A

A. expense

Explanation

There are several factors used to determine your life insurance premiums, including the following:

Age. Age is probably the single primary factor that determines your life insurance premiums. …
Gender.
Physical condition.
Smoking.
Your medical history.
Your family’s medical history.
Occupation.