Mortality Tables

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Mortality Tables

A means of ascertaining the probable number of years any man or woman of a given age and of ordinary health will live. A mortality table expresses on the basis of the group studied the probability that, of a number of persons of equal expectations of life who are living at the beginning of any year, a certain number of deaths will occur within that year.

Such tables are used by insurance companies to determine the premium to be charged for those in the respective age groups.

References in periodicals archive ?
In February 2013, the PSOA had announced the publication of a new mortality table, SLIC (2001-05) Individual Life Ultimate Mortality Table.
female population mortality tables over the period 1933-2007, as provided by the Human Mortality Database (as discussed above).
It is of course unrealistic as a mortality table, and it is just used for sake of argument and to point out that this paper does not provide answers to specific cases, but only focuses on the batch size issue.
The first, and very important, step to this end is to select a mortality table for the life being settled.
Proposed regulations (REG-12498805, 12/2/05) set out the methodology the IRS would use to establish mortality tables to be used under Sec.
In what follows, death or survival probabilities based on the mortality table will be denoted with a prime (') mark.
George Eliot Hospital, in Nuneaton: Worst performing hospital in the mortality table
401(a)(9) distribution schedules that began under the pre-2002 regulations may be modified by substituting the current mortality table for the one previously required.
Our model includes mortality heterogeneity by applying a stochastic frailty factor to a mortality table.
I have found myself in the minority among LE underwriters in advocating for A to E results to be presented based on the actual LE estimates given to our clients and based on a Common Mortality Table - to allow 'apples to apples' comparisons of our results.
The updated study includes both a mortality table (RP-2014) that details actual death rates observed by private pension plans, and an improvement scale (MP-2014).