Actuarial Equivalent


Definition of "Actuarial equivalent"

Georgia Curie real estate agent
Georgia Curie Cherry Creek Properties LLC

Mathematical determination based on the expectation of loss and the benefits to be paid in such an eventuality. The premium charged will vary directly with the probability of loss.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions