Commissioners Standard Ordinary Mortality Table
CSO mortality tables stand in contrast to industrial mortality tables for industrial life insurance policies. CSO tables require lower premiums from policy owners than industrial policies because these individuals tend to live longer. Both tables must be approved by the National Association of Insurance Commissioners.
Investment dictionary. Academic. 2012.
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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 table — noun Usage: usually capitalized C&S&O : a mortality table based on the experience of American life insurance companies during the 1930s and widely used by American companies for premium and reserve calculations for new policies … Useful english dictionary
mortality table — noun an actuarial table indicating life expectancy and probability of death as a function or age and sex and occupation etc • Hypernyms: ↑actuarial table, ↑statistical table * * * noun : an actuarial table based upon statistical records of… … Useful english dictionary
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
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… … Universalium
china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material … Universalium
China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast … Universalium
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