Marigold and Henri are the same age and work in the same department at NFR Industries. During a coffee break, the talk turned to the different premiums they pay on their 10-year renewable and convertible term life insurance policies. Marigold smoked for many years, but she quit 18-months ago. She has never inquired about changing the status of her policy to that of a non-smoker. Her policy is up for renewal in 2 years. Henri has never smoked and finds it interesting that his cost per $100,000 of coverage is lower than Marigold's. Which of the following statements is true? a) Premiums are lower for males than females. b) Now that Marigold has quit smoking for 12 months, she is entitled to a lower premium. c) Because Marigold has smoked for over 12 years, she does not have the option of converting from smoker to non-smoker status. d) Marigold's insurer is not obligated to lower the premiums until the date of the policy renewal