What Does American Experience Table Mean?

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What does American Experience Table mean? Read on to discover the definition & meaning of the term American Experience Table - to help you better understand the language used in insurance policies.

American Experience Table

American Experience Table

The American Experience Table was the nineteenth century precursor to the Commissioner's Standard Ordinary Table (CSO). The table helped insurance companies assess their underwriting risks by providing data about the life expectancy rates of people within certain age ranges.

We hope the you have a better understanding of the meaning of American Experience Table.

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