EXPERIENCE TABLE Definition & Meaning

experience table

noun

Insurance.

mortality table.

experience table

noun

insurance an actuarial table, esp a mortality table based on past statistics

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�y��vlog History and Origins

Origin of experience table¹

First recorded in 1875–80

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Example Sentences

Examples have not been reviewed.

The table most widely used in the United States is the American Experience Table of Mortality, constructed by Sheppard Homans in 1868.

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In fact the mortality in nearly all companies in the United States is much below the figures of the American Experience Table, partly because of the influence of medical selection on the recently insured and partly because of the decided improvement in longevity since the table was constructed.

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