Life · Chapter 6 · Premiums
Mortality Table (CSO Table)
Definition
A table showing the probability of death at each age (deaths per thousand). Sourced from the Commissioners Standard Ordinary (CSO) Mortality Table; must be based on a large cross-section over a long period.
Exam tip
Mortality = frequency of DEATH. Morbidity = incidence of DISEASE (health insurance). Higher rates = higher premiums.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
Related terms