MORTALITY RATE definition

MORTALITY RATE means a numerical value, provided in Schedule E, based on the attained age and sex of the INSURED LIFE.
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MORTALITY RATE means the actuarial valuation drafted by the statistics of the selected population groups or the portfolio of insured persons showing the rate of deaths at a certain age within the estimated group;
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Examples of MORTALITY RATE in a sentence

  • SCHEDULE E MORTALITY RATE by INSURED LIFE ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR If in any treaty year, the voluntary terminations on the reinsured contracts are less than 5%, the subsequent year's annual mortality improvement factor is defined to be MIN .95 / (1-V), 1, where V represents the actual voluntary termination rate in the previous treaty year.

  • SCHEDULE D-2 REINSURANCE RETENTION RATE REINSURANCE RETENTION RATE .08 SCHEDULE E MORTALITY RATE by INSURED LIFE ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR SCHEDULE G REINSURER Quota Share of Risk For each VARIABLE ANNUITY CONTRACT, REINSURED NET AMOUNT AT RISK will be based on the share of risk from the table below.

  • SCHEDULE E MORTALITY RATE by INSURED LIFE, ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR If in any treaty year, the voluntary terminations on the reinsured contracts are less than 5%, the subsequent year's annual mortality improvement factor is defined to be MIN .95 / (1-V), 1, where V represents the actual voluntary termination rate in the previous treaty year.

  • SCHEDULE D-2 REINSURANCE RETENTION RATE REINSURANCE RETENTION RATE .10 SCHEDULE E MORTALITY RATE by INSURED LIFE ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR SCHEDULE G REINSURER Quota Share of Risk For each VARIABLE ANNUITY CONTRACT, REINSURED NET AMOUNT AT RISK will be based on the share of risk from the table below.