standard mortality tables

Life expectancy tables of standard authority, such as the American table and other tables appearing in the statutes, although the courts are inclined to favor the latest tables, because the facts upon which they are calculated are much more complete. At various times and to some extent at the present time, the Wigglesworth, a table prepared in the United States, and the Northhampton and Carlisle tables, which were prepared in England, have been accepted by courts as standard. 29 Am J2d Ev § 895.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • Commissioners Standard Industrial Mortality Table — A mathematical table used by actuaries to calculate the nonforfeiture values of industrial life insurance policies. Commmissioners Standard Industrial mortality tables establish the minimum amount that must be paid to the policyholder. These… …   Investment dictionary

  • Commissioners Standard Ordinary Mortality Table — An actuarial table used to compute the minimum nonforfeiture values of ordinary life insurance policies. The Commissioners Standard Ordinary (CSO) mortality table reflects the probability that people in various age groups will die in a given year …   Investment dictionary

  • Infant mortality — World infant mortality rates in 2008[1] Infant mortality is defined as the number of infant deaths (one year of age or younger) per 1000 live births. Traditionally, the most common cause worldwide was dehydration from diarrhea. However, the… …   Wikipedia

  • Gold standard (test) — For other uses, see Gold standard (disambiguation). In medicine and statistics, gold standard test refers to a diagnostic test or benchmark that is the best available under reasonable conditions. It does not have to be necessarily the best… …   Wikipedia

  • Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

  • Life table — 2003 US mortality table, Table 1, Page 1 In actuarial science, a life table (also called a mortality table or actuarial table) is a table which shows, for each age, what the probability is that a person of that age will die before his or her next …   Wikipedia

  • Actuary — Damage from Hurricane Katrina. Actuaries need to estimate long term averages of such damage in order to accurately price property insurance and set appropriate reserves. Occupation Names Actuary …   Wikipedia

  • Timeline of mathematics — A timeline of pure and applied mathematics history. Contents 1 Before 1000 BC 2 1st millennium BC 3 1st millennium AD 4 1000–1500 …   Wikipedia

  • American Experience Table — A set of data, presented in table format, showing when Americans of various ages have died. This data allows life insurance companies to evaluate the likelihood that an individual will die at a certain age, which helps them to establish life… …   Investment dictionary

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.