Posted on July 20, 2013July 20, 2013
The average number of years remaining for a person of a given age to live, as shown on the mortality or annuity table used as a reference.
Facebook
Linked In
Twitter
Contact Us
News
Calendar
Calculators
A statement of condition, or balance sheet account set up by an Insurer, based on its expectations about future insurance claims. As claims occur they are charged against this reserve.