Life expectancy

Life expectancy,

Definition of Life expectancy:

  1. The average amount of years remaining in a persons life, as per the mortality table being used as a reference.

  2. Life expectancy is the single most influential factor that insurance companies use to determine life insurance premiums. Using actuarial tables provided by the Internal Revenue Service, these companies try to minimize the liability risk.

  3. Life expectancy is the statistical age that a person is expected to live until, based on actuarial data. There are many uses for it in the financial world, including life insurance, pension planning, and U.S. Social Security benefits. In most countries, the calculations for this actuarial age is derived from a national statistical agency based on large amounts of data.

  4. The average period that a person may expect to live.

Synonyms of Life expectancy

Duration, Life, Active life, Existence, Life expectancy, Functioning period, Period of effectiveness, Period of efficacy, Period of usefulness, Period of validity

How to use Life expectancy in a sentence?

  1. Life expectancy is used in pricing and underwriting life insurance and insurance products like annuities, as well as in retirement and pension planning.
  2. Based on actuarial science, life expectancy takes into account several individual-level as well as population-level factors to arrive at a figure.
  3. Life expectancy is a statistical prediction for how long a person will live.
  4. The British male now has a life expectancy of 77.6 years.

Meaning of Life expectancy & Life expectancy Definition

Life Expectancy,

Life Expectancy Definition:

  • The average number of years in which an individual is expected to live to a certain age, as shown in Retirement or Life Table.

  • You can define Life Expectancy as, Life expectancy is the statistical age at which a person is expected to live based on statistics. There are many uses in the financial world, including life insurance, retirement planning and American Social Security benefits. In most countries, the calculation of this working age by national statistical authorities is based on a large amount of data.

    • Life expectancy is a statistical prediction of how long a person will live.
    • According to actuarial science, life expectancy is important at the individual level, as well as at the population level.
    • Life expectancy is used in pricing and underwriting of life insurance and insurance products such as rates as well as retirement and retirement plans.

Literal Meanings of Life Expectancy

Life:

Meanings of Life:
  1. A condition that distinguishes animals and plants from non-essential substances, including the ability to grow, regenerate, function, and change permanently before death.

  2. Existence of the same human or animal.

  3. The time between the birth and death of living human beings, especially human beings.

  4. Significance, power or energy.

  5. Exhibiting a model (in art) from an exhibition, not from an artist's imagination.

Sentences of Life
  1. The essence of life

  2. A catastrophe that killed 266 Americans

  3. He spent his entire life in the countryside

  4. She is beautiful and full of life

  5. Your poses and clothes are taken from life

Synonyms of Life

vigour, high spirits, creature, elan, dash, gusto, one's career, one's time, vitality, vivacity, buoyancy, push, animateness, fire, this mortal coil, being, animation, enthusiasm, dynamism, drive, days, mortal, person, lifetime, zest, effervescence

Expectancy:

Meanings of Expectancy:
  1. The hope or expectation that something, especially pleasant, will or will happen.

Sentences of Expectancy
  1. They waited for the expectation

Synonyms of Expectancy

hopefulness, eagerness, expectation, hope, anticipation

Life Expectancy,

What Does Life Expectancy Mean?

  1. Life Expectancy refers to Depending on the age group and other factors, the average person will have to live a life based on the national average.

  2. Life Expectancy refers to This is the time when you are more likely to survive, taking into account factors such as age, gender, health and occupation.

  3. Life Expectancy means: The number of years remaining for a group of people of a certain age according to the given life table.

  4. The number of years remaining for a group of people of a certain age according to the given life table.

  5. REAL is calculated from the average life expectancy of the average person.

Literal Meanings of Life Expectancy

Life:

Synonyms of Life

living, soul, allotted span, human being, colour, course of life, exuberance, spiritedness, individual, liveliness, sparkle, brio, go, activity, duration of life, panache, spirit, life span, time on earth, aliveness, threescore years and ten, energy, bounce

Life Expectancy,

What Does Life Expectancy Mean?

  • A person's age is more likely to be based on an actual lifespan.

  • Life Expectancy can be defined as, A statistical measure that shows how old a person is.

Literal Meanings of Life Expectancy

Life:

Synonyms of Life

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