Mortality Table

Updated: 29 February 2024

What Does Mortality Table Mean?

A mortality table provides statistical information on the occurrence of death in a demographic area and its relationships with several factors such as age, sex, and occupation. Insurance companies use this as a tool to determine premium rates.

Mortality tables are also known as life tables, actuarial tables, and morbidity tables.

Insuranceopedia Explains Mortality Table

Insurance underwriters rely on the data from mortality tables for their premium calculations. Since the data is based on a study conducted during a particular period of time in a particular area, the figures may change after conducting new studies.

When an applicant wants to buy life insurance, the insurance broker usually determines the likelihood of their death based on the interpretation of the mortality table. This also reveals how much they should charge for the premium.


life table actuarial table

Related Reading

Go back to top