11:44
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Simple English definitions for legal terms
expectancy table
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A quick definition of expectancy table:
Expectancy table: A chart that shows how long people in different groups are expected to live based on factors like their age, family history, and exposure to certain chemicals. These tables are often used in legal cases and can be presented as evidence. Another name for an expectancy table is an actuarial table or mortality table. It is similar to a life table.
A more thorough explanation:
An expectancy table, also known as an actuarial table, is a chart that shows statistical data about life expectancies for people in different categories. These categories can include age, family history, and exposure to certain chemicals or substances.
For example, an expectancy table might show that a person who is 65 years old has an average life expectancy of 20 more years. Or, it might show that a person with a family history of heart disease has a lower life expectancy than someone without that history.
Expectancy tables are often used by insurance companies and other organizations to help determine risk and make decisions about policies and benefits. They can also be used in legal cases to provide evidence about life expectancies.