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
Time during which an assessment life insurance company has the right to assess policyholders if losses are worse than anticipated in the premium charged. ...
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