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[U003]

ultimate mortality table

A type of mortality table or listing of data showing the death rates of persons of each sex at each age used, which is used in life insurance to calculate the premiums charged. This particular type of table has been manipulated to correct or compensate for any possible adverse selection by eliminating the use of incredible or undeveloped data.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

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