Mortality Table (Noun)
Meaning
An actuarial table indicating life expectancy and probability of death as a function or age and sex and occupation etc.
Classification
Nouns denoting groupings of people or objects.
Examples
- The insurance company used a mortality table to determine the likelihood of policyholders dying within a certain age range.
- Actuaries rely on mortality tables to calculate life insurance premiums and pension benefits.
- The mortality table revealed a significant difference in life expectancy between smokers and non-smokers.
- To assess the risk of a new policy, the underwriter consulted the mortality table for individuals with similar health conditions.
- The government agency published a mortality table to help policymakers understand the impact of demographic changes on social security programs.