mortality table Synonyms

No Synonyms and anytonyms found

mortality table Meaning

Wordnet

mortality table (n)

an actuarial table indicating life expectancy and probability of death as a function or age and sex and occupation etc

mortality table Sentence Examples

1. The life insurance industry heavily relies on mortality tables to calculate policy premiums accurately.
2. Mortality tables provide insights into the probability of dying at specific ages, helping insurers assess risk.
3. The construction of mortality tables involves collecting and analyzing large amounts of data on death rates.
4. Regression analysis, survival analysis, and other statistical techniques are employed to develop mortality tables.
5. Mortality tables can be used to estimate the life expectancy of individuals based on their age and other demographic factors.
6. The availability of accurate mortality tables enables insurers to make informed underwriting decisions.
7. Mortality tables are also used to calculate pension benefits and other financial obligations that depend on survival probability.
8. Actuarial models utilize mortality tables to forecast future claims and project insurance costs.
9. The changing demographics and medical advancements have led to adjustments in mortality tables over time.
10. Mortality tables are an essential tool for assessing insurance risk, estimating life expectancy, and planning for financial security.

FAQs About the word mortality table

What is the meaning of the word mortality table

an actuarial table indicating life expectancy and probability of death as a function or age and sex and occupation etc

What are the synonyms of the word mortality table

No synonyms found.

What are the antonyms of the word mortality table

No antonyms found.

What is the usage of word mortality table

The life insurance industry heavily relies on mortality tables to calculate policy premiums accurately.

Mortality tables provide insights into the probability of dying at specific ages, helping insurers assess risk.

How to use the word mortality table in a sentence?

The construction of mortality tables involves collecting and analyzing large amounts of data on death rates.

Regression analysis, survival analysis, and other statistical techniques are employed to develop mortality tables.