Mortality-table based cost calculated in life insurance policies. The policy’s face amount times the mortality likelihood, the chance that the policy will be paid out as a claim when the insured dies is the calculated mortality cost,
no matter the changes to the mortality rate the annuitant will receive an income for life based on this specific type of clause.
Likelihood that a person will die, belonging to a specific group, categorized by age, occupation, or some other factor. In setting life insurance premium rates, mortality rate is a basic factors used.
Expected mortality minus actual mortality experienced is this specific number.
Anglo-Dutch. In old New York law. A measure of land, equal to about two acres.
Categorized by age and other factor like occupation is data gathered on the rate of death among groups of people by insurance companies.
A place where the bodies of persons found dead are kept Or a limited time and exposed to view, to the eud that their friends may identify them.
In masonry construction, to fill the interstices, and as a binding material, a cement, sand, and water mixture is used.
A social and religious system prevailing In the territory of Utah, a distinctive feature of which is the practice of polygamy. These plural marriages are not recognized by law, but are indictable offenses under the statutes of the United States and of Utah.
Mors omnia solvit. Death dissolves all things. Jenk. Cent p. 160, case 2. Applied to the case of the death of a party to an action.