Identify the figures of a mortality table that relate to an insured population where the possible effects of medical examinations used for selecting the terms of insurance may influence the findings.

Question

Quizplus · Accepted Answer

Select tables are designed to account for the mortality experience of individuals who have recently undergone medical underwriting or selection processes. These tables reflect the lower mortality rates typically observed among such insured populations in the initial years following policy issuance, due to the health screening and selection criteria applied by insurers.

Identify the Figures of a Mortality Table That Relate to an Insured