American Annuity Table, 1995
Definition of "American annuity table, 1995"
A historical mortality table used to calculate premium rates for deferred annuities and optional modes of settlement for life insurance policies. This table was subsequently replaced by the 1983 Table-a (mortality table for annuity rates for males).
Popular Insurance Terms
Combination of the federal estate tax and the federal gift tax. ...
Same as term Convention Examination: audit of the convention blank (NAIC Statement Blank) every third year as to all of the financial activities of a company; company claim practices; and ...
Underwriting practice involving regular review of insurance contracts in force with the intent of either canceling a policy or not offering renewal for risks no longer deemed acceptable. ...
Recipient of an indemnity. Indemnitor provider of an indemnity payment. ...
Clause found in an annuity contract that enables the owner of that contract to withdraw his or her money without surrender penalties, if the annual interest rate is lowered below a certain ...
Provision in a marine insurance policy in which agreement has been reached between the insured and the insurance company concerning the worth of the property that is to be covered under the ...
Annuity that continues income payments as long as the annuitant lives, ceasing upon the individual's death. ...
Of four SEC divisions that regulates the securities markets and the participants within these markets. ...
Maximum age of an applicant or insured beyond which an insurance company will not initially underwrite a risk or continue to insure it. For example, under some forms of renewable term life ...
Have a question or comment?
We're here to help.