Graduation
Definition of "Graduation"
Statistical procedure applied to the data that comprises a mortality table. It is designed to smooth out the irregularities in that data believed to not be truly indicative of the population from which the sample data has been taken.
Popular Insurance Terms
System of charges to an insured that fluctuates according to the loss experience of that insured. This is a form of experience rating. ...
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Written notice to an insured showing date of termination of an insurance policy. ...
Person insured under a blue CROSS hospitalization or blue shield medical health insurance plan. ...
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