MLchartDataset catalogue

Attained age

Term · Insurance and risk management · MLC-T-INS-000486

The current age of an insured individual at a specific point in time, typically used for calculating premiums or policy values. It is the age reached on the last birthday and is a factor in determining mortality risk for life insurance. Premiums for some policies, like term life, increase with attained age.

Table 1. Record
IdentifierMLC-T-INS-000486
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000486",
  "term": "Attained age",
  "field": "Insurance and risk management",
  "definition": "The current age of an insured individual at a specific point in time, typically used for calculating premiums or policy values. It is the age reached on the last birthday and is a factor in determining mortality risk for life insurance. Premiums for some policies, like term life, increase with attained age.",
  "url": "https://mlchart.com/terminology/insurance/attained-age/"
}

Record 236 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.