Extra percentage tables

Term · Insurance and risk management · MLC-T-INS-001434

Actuarial tables used in life insurance underwriting to adjust standard mortality rates for individuals with higher-than-average health risks or hazardous occupations. These tables apply an additional percentage to the standard premium to reflect the increased likelihood of a claim. Underwriters use these tables to calculate appropriate premiums for substandard risks.

Table 1. Record
Identifier	MLC-T-INS-001434
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-001434",
  "term": "Extra percentage tables",
  "field": "Insurance and risk management",
  "definition": "Actuarial tables used in life insurance underwriting to adjust standard mortality rates for individuals with higher-than-average health risks or hazardous occupations. These tables apply an additional percentage to the standard premium to reflect the increased likelihood of a claim. Underwriters use these tables to calculate appropriate premiums for substandard risks.",
  "url": "https://mlchart.com/terminology/insurance/extra-percentage-tables/"
}

Record 1,279 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.