standard industrial mortality table

  • A listing, by age, of the probable death rates assumed to apply to a group of "industrial," or wage earning, insureds based on the experience of the Metropolitan Life Insurance Company from 1896 to 1905. The table was required by insurance law or regulation as a base of minimum premiums and reserves for industrial insurance in most states from 1905 to the 1940s when it was replaced by the Commissioners 1941 Standard Industrial Mortality Table.

    Internal Revenue Service 1

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).