Sentences with phrase «ordinary standard table»

Provided you are in good health, the Commissioner's Ordinary Standard Table of Life Expectancies, predicts you will live to be around 87 or 88 years old.

Not exact matches

The Commissioners 1980 Standard Ordinary Mortality Table (CSO) is the current table used in calculating minimum nonforfeiture values and policy reserves for ordinary life insurance pOrdinary Mortality Table (CSO) is the current table used in calculating minimum nonforfeiture values and policy reserves for ordinary life insurance poliTable (CSO) is the current table used in calculating minimum nonforfeiture values and policy reserves for ordinary life insurance politable used in calculating minimum nonforfeiture values and policy reserves for ordinary life insurance pordinary life insurance policies.

Notably, the life insurance maturity age of 100 exists primarily because the mortality tables used for life insurance during most of the 20th century (the Commissioners» Standard Ordinary [CSO] tables of 1941, 1958, and 1980) were all based on a maximum «terminal» age of 100 (i.e., there literally were no life expectancy tables past age 100, as it was implicitly assumed «everyone» would be dead at that point!).

The cost of life insurance is heavily influenced by the Commissioners Standard Ordinary Tables, or mortality tables that estimate an individual's longTables, or mortality tables that estimate an individual's longtables that estimate an individual's longevity.

In the life insurance industry, for example, the Commissioners Standard Ordinary Mortality Tables (CSO Mortality) are predictive of death rates.

The most recent mortality tables for life insurance (2001 CSO - Commissioners Standard Ordinary) would endow at the insured's age 121.