Graduated Life Table

Posted on July 20, 2013July 20, 2013

A mortality table in which the experience has been smoothed out by a formula.

This entry was posted in . Bookmark the permalink.

Post navigation

← Family Maintenance Policy

Installments Certain →

TOTAL LOSS

A loss of sufficient size so that it can be said there is nothing left of value; the complete destruction of the property. The term is also used to mean a loss requiring the maximum amount a policy will pay.