ultimate mortality table
1Ultimate Mortality Table — A mortality table that lists the death rates of insured persons of each sex and age group and excludes data from policies that have been recently underwritten. An ultimate mortality table also lists the proportion of individual survival from… …
2ultimate mortality table — noun : a mortality table based on experience from which the effect of medical selection has been eliminated by the passage of a stated period (as five years) …
3Select Mortality Table — A mortality table which outlines life contingency statistics for a certain period of time. A select mortality table includes mortality data on individuals who have recently purchased life insurance. These individuals tend to have lower mortality… …
4American Experience Table — A set of data, presented in table format, showing when Americans of various ages have died. This data allows life insurance companies to evaluate the likelihood that an individual will die at a certain age, which helps them to establish life… …
5Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …
6population — populational, adj. populationless, adj. /pop yeuh lay sheuhn/, n. 1. the total number of persons inhabiting a country, city, or any district or area. 2. the body of inhabitants of a place: The population of the city opposes the addition of… …
7Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …
8insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …
9initial reserve — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which …
10insurance reserve — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which …
