Life table

In insurance, a tabulated statement presenting mortality and survivor characteristics of a given population (employed men aged 20-25, for example). Used in underwriting to calculate risks.


An actuarial presentation of the ages at which a group of males and/or females will die and from which mean life expectancy at any age can be estimated, based on the assumption that mortality patterns current at the time of preparation of the table will continue to apply.


A statistical portrait of the life expectancy of individuals in a population, based on known mortality data for different ages, races, and sexes.


 


Posted

in

by

Tags: