Mortality tables


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Mortality tables

Tables of probability that individuals of various ages will die within one year.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Mortality Table

In actuarial analysis, a table of the likelihood a person of a certain age will die in the next year. This is important in determining one's eligibility for some insurance and annuity plans.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The SOA published an updated payout annuity table in 2012 called the 2012 Individual Annuity Mortality Table, or IAM Table for short.
Despite the considerable variations in the various mortality tables, it would seem that these markets are attractive.
But the revisions in the mortality table changed that equation - at least for many eligible retirees hired before 1996, known as "tier one" employees.
The Plenary Committee adopted several changes needed to implement the ACLI's proposals regarding the use of preferred mortality tables for any product covered by the 2001 CSO mortality tables.
As a result, preneed insurance policies issued on or after January 1, 2009, and before January 1, 2012 can use the 2001 CSO Mortality tables that lists different mortality rates for men and women to determine the minimum standard for reserves and nonforfeiture benefits.