Table of Morbidity
Definition - What does Table of Morbidity mean?
A table of morbidity is a chart that details the rates of disease, illness, and injury among a specific group of people categorized by various factors, such as age and occupation.
Insuranceopedia explains Table of Morbidity
Insurance companies use a table of morbidity to determine the likelihood that a specific person may die, become injured or contract a serious illness. These tables help to determine health and life insurance premiums by assessing the risk that an insured poses to the insurance company. These tables also help to determine eligibility for various types of insurance plans.
How Well Do You Know Your Life Insurance?
The more you know about life insurance, the better prepared you are to find the best coverage for you.
Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.