Legal Definitions - mortality table

A mortality table, also known as an actuarial table, is a chart that shows statistical data about life expectancies for people in different categories, such as age, family history, and exposure to certain chemicals. These tables are often used by insurance companies to determine premiums and payouts.

• A mortality table might show that a 65-year-old man has a life expectancy of 15 years.
• Another table might show that people with a family history of heart disease have a lower life expectancy than those without.
• Insurance companies might use a mortality table to determine how much to charge a person for life insurancebased on their age and health history.

These examples illustrate how mortality tables can be used to make predictions about life expectancies and inform decisions about insurance and other financial matters.