These LE tables can be helpful for both professional and consumers, and can assist with match expectations of offers.

Life Expectancies and the proper LEs used to reflect actual-to-expected ratios has been a huge issue for the industry for over a year. A Task Force was appointed to examine the issue and a subgroup of that Task Force developed eight new tables that were approved by the Board of Directors last month.

LISA points out that the base mortality tables are to be used as the standard base tables for use in calculating the actual/expected experience ratios of LISA member company’ underwriters. The tables are not designed for use for any other purpose, and no one should feel that these tables are appropriate for other purposes.

The tables are now available on the Life Insurance Settlement Association website (TheVoiceOfTheIndustry.com) at:
LISA Actuarial Tables