mortality table

noun

, Insurance.

an actuarial table showing the percentage of persons who die at any given age, compiled from statistics on selected population groups or on former policyholders.

mortality table

insurance an actuarial table indicating life expectancy and death frequency for a given age, occupation, etc

First recorded in 1875–80

This general form of the mortality table remains in use as the natural and best for such collections of facts.

This is illustrated by the following figures, calculated from the HM mortality table at 3% interest.

Assume that annuities on 10,000 lives each ten years of age, which satisfy the Hm mortality table, have been purchased.

April 17, 2024axolotl

[ak-suh-lot-l ]

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