MORTALITY RATE definition

MORTALITY RATE means a numerical value, provided in Schedule E, based on the attained age and sex of the INSURED LIFE.
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MORTALITY RATE means the actuarial valuation drafted by the statistics of the selected population groups or the portfolio of insured persons showing the rate of deaths at a certain age within the estimated group;
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Examples of MORTALITY RATE in a sentence

  • SCHEDULE E MORTALITY RATE by INSURED LIFE ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR If in any treaty year, the voluntary terminations on the reinsured contracts are less than 5%, the subsequent year's annual mortality improvement factor is defined to be MIN .95 / (1-V), 1, where V represents the actual voluntary termination rate in the previous treaty year.

  • SCHEDULE D-2 REINSURANCE RETENTION RATE REINSURANCE RETENTION RATE .08 SCHEDULE E MORTALITY RATE by INSURED LIFE ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR SCHEDULE G REINSURER Quota Share of Risk For each VARIABLE ANNUITY CONTRACT, REINSURED NET AMOUNT AT RISK will be based on the share of risk from the table below.

  • SCHEDULE E MORTALITY RATE by INSURED LIFE, ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR If in any treaty year, the voluntary terminations on the reinsured contracts are less than 5%, the subsequent year's annual mortality improvement factor is defined to be MIN .95 / (1-V), 1, where V represents the actual voluntary termination rate in the previous treaty year.

  • SCHEDULE D-2 REINSURANCE RETENTION RATE REINSURANCE RETENTION RATE .10 SCHEDULE E MORTALITY RATE by INSURED LIFE ATTAINED AGE and SEX 94 MGDB MONTHLY REINSURANCE PREMIUM RATES (Rates per $1 of NAR, based on oldest owner's age last birthday) SCHEDULE F ANNUAL MORTALITY IMPROVEMENT FACTOR SCHEDULE G REINSURER Quota Share of Risk For each VARIABLE ANNUITY CONTRACT, REINSURED NET AMOUNT AT RISK will be based on the share of risk from the table below.

Related to MORTALITY RATE

  • Average Error Rate for a billing month is the sum of Error Rates for each hour in the billing month divided by the total number of hours in the billing month.

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the Reserve Percentage.

  • Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions: