American Experience Table of Mortality Law and Legal Definition
American Experience Table of Mortality was a chart developed by insurers in 1860s to predict mortality rates and set the insurance rates accordingly. The Table contained a set of data, presented in tabular form, 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 insurance premiums.
This table was widely used until 1950s. After that the Commissioners Standard Ordinary (CSO) table became more common.
Legal Definition list
- American Employer
- American Educational Research Association [AERA]
- American Depository Receipt
- American Depositary Receipt
- American Declaration on the Right and Duties of Man
- American Experience Table of Mortality
- American FactFinder
- American Federation of Government Employees (AFGE)
- American Federation of Information Processing Societies
- American Federation of Labor Congress of Industrial AFLCIO
- American Federation of Teachers [AFT]