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.