Mortality Data Set

Column Name Description

policyno Policy Number - unique identifier
Product category: Values are
- TRM - term life
- WL - whole of life
- UL - universal life
prodcat - ULSG - universal life with secondary guarantees
State of issue of the insurance policy using standard postal abbreviations - E.g. FL =
issstate FLORIDA

Region in which the state resides:

- South
- Northeast
- West
- Midwest
region

Distribution channel:
- A – affiliated agent
- B – bank/financial institution
- C – credit union
- D – direct marketing
- I – independent agent/broker
distchan
The smoking status of the insured:
- S - smoker
- N - non-smoker
smoker - U - unknown
The sex of the insured:
- M - Male
- F - Female
sex - U - Unspecified/Unknown
issage The age in years of the insured at policy issue
duration Duration in years of the policy
attage Attained age - calculated as issage + duration - 1

The level of underwriting as a four character key "xxxx". "b" indicates unknown or
substandard:
- 1st character - preferred class availability indicator (0=no, 1=yes, b=n/a)
- 2nd character - number of classes available (e.g. 2 means 2 classes are available,
for instance, preferred and residual standard)
- 3rd character - preferred class for the policy (0=unknown, 1=best, 2=2nd best,
etc.)
uwkey - 4th character - substandard indicator (0=no, 1=yes)
exposure_cnt Exposure count - policy exposure during the study period by count
exposure_face Exposure face - policy exposure during the study period by face amount
actual_cnt Actual count - total number of claims associated with the policy
actual_face Actual face - actual face value of any claims that were paid for the policy
expected_cnt Expected count - The expected number of claims for the study period
expected_face Expected Face - The expected amount of claims for the study period

Underwriting type:
- MP – medical/paramedical
- NM – nonmedical (complete set of medical history questions)
- SI – simplified issue
- GI – guaranteed issue
- NO – not underwritten
- OT – other/unknown
uwtype
 Reinsurance indicator:
- A – fully or partially automatically reinsured
- F – fully or partially facultatively reinsured
- R – fully or partially reinsured, automatic or facultatively not known
- N – no reinsurance
- U – unknown
resind_ind
This will be 2006, 2007, 2008, 2009 or 2010. For example, the 2006 experience year
will include experience for policies between the 2006 policy anniversary and the
year 2007 anniversary
uwkey Value
0bb0 Not-Preferred Standard
0bb1 Substandard
1100 Unknown
1110 Residual Standard
1200 Unknown
1210 Preferred
1220 Residual Standard
1300 Unknown
1310 Preferred
1320 Preferred
1330 Residual Standard
1410 Preferred
1420 Preferred
1430 Preferred
1440 Residual Standard
1510 Preferred
1520 Preferred
1530 Preferred
1540 Preferred
1550 Residual Standard
bbb0 Not-Underwritten Standard
bbb1 Substandard