Mortality Table

AAA

DEFINITION of 'Mortality Table'

A table that shows the rate of deaths occurring in a defined population during a selected time interval, or survival from birth to any given age. Statistics included in the mortality table show the probability a person's death before their next birthday, based on their age.

Death-rate data help determine prices paid by people who have recently purchased life insurance.

A mortality table is also known as a "life table," an "actuarial table" or a "morbidity table."

INVESTOPEDIA EXPLAINS 'Mortality Table'

Life tables are usually constructed separately for men and for women. Other characteristics can also be included to distinguish different risks, such as smoking status, occupation and socio-economic class. There are even actuarial tables that determine longevity in relation to weight.

RELATED TERMS
  1. Morbidity Rate

    The frequency with which a disease appears in a population. Morbidity ...
  2. American Experience Table

    A set of data, presented in table format, showing when Americans ...
  3. Ultimate Mortality Table

    A mortality table that lists the death rates of insured persons ...
  4. Select Mortality Table

    A mortality table which outlines life contingency statistics ...
  5. Aggregate Mortality Table

    Data on the death rate of everyone who has purchased life insurance, ...
  6. Death Benefit

    The amount on a life insurance policy or pension that is payable ...
Related Articles
  1. The History Of Insurance
    Home & Auto

    The History Of Insurance

  2. Immediate Annuities: Guaranteed Payout ...
    Options & Futures

    Immediate Annuities: Guaranteed Payout ...

  3. Variable Annuity Benefits: What The ...
    Options & Futures

    Variable Annuity Benefits: What The ...

  4. Life Expectancy: It's More Than Just ...
    Options & Futures

    Life Expectancy: It's More Than Just ...

comments powered by Disqus
Hot Definitions
  1. 80-10-10 Mortgage

    A mortgage transaction in which a first and second mortgage are simultaneously originated. The first position lien has an ...
  2. Passive ETF

    One of two types of exchange-traded funds (ETFs) available for investors. Passive ETFs are index funds that track a specific ...
  3. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  4. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  5. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center