MLchartDataset catalogue

Life expectancy

Term · Insurance and risk management · MLC-T-INS-002003

The average number of additional years a person is expected to live, based on their current age, gender, and other demographic factors. Actuaries use life expectancy tables to calculate life insurance premiums and annuity payouts. This statistical measure is a key component in assessing mortality risk.

Table 1. Record
IdentifierMLC-T-INS-002003
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002003",
  "term": "Life expectancy",
  "field": "Insurance and risk management",
  "definition": "The average number of additional years a person is expected to live, based on their current age, gender, and other demographic factors. Actuaries use life expectancy tables to calculate life insurance premiums and annuity payouts. This statistical measure is a key component in assessing mortality risk.",
  "url": "https://mlchart.com/terminology/insurance/life-expectancy/"
}

Record 1,933 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.