All of the following statements concerning factors that affect the acceptance and classification of applicants for life insurance are correct, EXCEPT:

Which of the following statements concerning the treatment accorded the aviation activities of life insurance applicants is (are) correct?

I. Most companies treat as standard risks applicants between the ages of 30 and 60 who have had adequate hours of flying experience and who currently fly only a limited number of hours per year.

II. Most companies impose no occupational rating or restrictions on crew members of regularly scheduled commercial aircraft.

III. Today, in writing their accidental death benefit riders, all life companies include coverage for aviation deaths for crew members of all types of aircraft.

Which of the following help(s) to explain the validity of the concept that the standard insurable group in life insurance should be as broad as possible?

I. Overly-exacting selection standards would undermine the morale of the agency fee.

II. Overly-exacting selection standards would cause a loss of goodwill among the general public.

III. Too small a number of applicants would increase administrative costs per exposure unit.