actuarial table (Meaning)
Wordnet
actuarial table (n)
a table of statistical data
Synonyms & Antonyms of actuarial table
No Synonyms and anytonyms found
actuarial table Sentence Examples
- Insurance companies use actuarial tables to determine life expectancy and set premium rates accordingly.
- The actuarial table provided insights into the mortality rates within a specific demographic group.
- Actuaries rely on actuarial tables to assess the financial risk associated with various insurance policies.
- The pension fund manager consulted the actuarial table to calculate future liabilities and funding requirements.
- The actuarial table indicated the probability of certain health conditions occurring over time.
- Government agencies often use actuarial tables to project future population trends and plan for social services.
- Actuarial tables assist in estimating the expected cost of providing healthcare coverage for a given population.
- Employers use actuarial tables to determine funding levels for retirement plans and employee benefits.
- Actuarial tables are regularly updated to reflect changes in demographics, healthcare, and mortality patterns.
- Financial planners utilize actuarial tables to help individuals make informed decisions about retirement savings and insurance coverage.
FAQs About the word actuarial table
a table of statistical data
No synonyms found.
No antonyms found.
Insurance companies use actuarial tables to determine life expectancy and set premium rates accordingly.
The actuarial table provided insights into the mortality rates within a specific demographic group.
Actuaries rely on actuarial tables to assess the financial risk associated with various insurance policies.
The pension fund manager consulted the actuarial table to calculate future liabilities and funding requirements.
