What Does Crude Death Rate Mean?
The crude death rate is a representation of the number of deaths in a geographical area. It is drawn from statistics usually compiled in the middle of the year. The crude death rate allows demographers get a sense of the population growth within an area.
Insuranceopedia Explains Crude Death Rate
The crude death rate is often paired with the crude birth rate to analyze population growth. These rates are crude insofar as they omit certain demographic details, such as sex and immigration. It simply tracks the number of deaths in a given location.
The death rate may have an effect on the price of insurance. Crude death rates give some indication of life expectancy, which, in turn, can affect the premium on life insurance policies.