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actuarial tables

Definition

 

Statistical tables that display the life expectancies of people based on certain characteristics such as age, gender, family history, and health. Actuarial tables are usually admissible in court as evidence of life expectancy.  Also termed expectancy table; mortality table; mortuary table; life table.

 

Definition from Nolo’s Plain-English Law Dictionary

Standardized life expectancy tables based on various human conditions such as age, sex, and health. Actuarial tables are widely accepted in courts as evidence of life expectancy.

Definition provided by Nolo’s Plain-English Law Dictionary.

August 19, 2010, 5:10 pm

 

Dr. Smith, testifying as an expert witness in court, used actuarial tables in order to predict the defendant’s life expectancy.

“Actuarial tables are the life’s blood of the life insurance industry. It is disingenuous for [the defendant] to question the accuracy of the very methodology employed by the industry in issuing its policies simply because actuarial tables were used to determine [an adverse award].” Peoples Security Life Insurance Co. v. Monumental Life Insurance Co., 991 F.2d 141, 148 (4th Cir. 1993) (J. Chapman).