Yearly Probability Of Dying
Definition of "Yearly probability of dying"
Figure in a mortality table derived by dividing the number of people dying during a given year by the number of people alive at the beginning of that same year.
Popular Insurance Terms
Rules stating that every administrator of a qualified pension plan, profit sharing plan, section 401 (K) plan salary reduction plan), section 403(b) plan, and stock bonus plan must provide ...
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