Table Of Morbidity

What Does Table Of Morbidity Mean?

A morbidity table is a chart that outlines the rates of disease, illness, and injury within a specific population, categorized by factors such as age, occupation, or other demographics.

Insuranceopedia Explains Table Of Morbidity

Insurance companies use morbidity tables to assess the likelihood that an individual may die, become injured, or contract a serious illness. These tables help determine health and life insurance premiums by evaluating the risk an insured person poses to the insurer. That pricing process is part of what actually drives life insurance premiums at different ages and health levels. They also play a key role in determining eligibility for various types of insurance plans. Applicants who don’t fit cleanly into standard morbidity assumptions sometimes look at no-medical-exam life insurance policies, which use simplified underwriting instead of a full health workup.