Life Insurance Companies The …
2011
The three main variables in a mortality table have been age, gender, and use of . More recently in the US, preferred class specific tables were introduced. The mortality tables provide a baseline for the cost of insurance. In practice, these mortality tables are used in conjunction with the health and family history of the individual applying for a policy in order to determine premiums and insurability. Mortality tables currently in use by Life Insurance Companies in the United States are individually modified by each company using pooled industry experience studies as a starting point. In the 1980s and 90′s the SOA 1975