What is the term for the number of deaths expected among insured persons based on mortality tables?

The term that refers to the number of deaths expected among insured individuals based on mortality tables is known as expected mortality. Mortality tables are actuarial tools that provide statistical data regarding the life expectancy and death rates of various populations. These tables account for factors such as age, gender, and other demographic characteristics to predict the likelihood of death within a certain timeframe.

Expected mortality is crucial for insurance companies as it helps in setting premiums, determining reserves, and managing risk. By understanding the anticipated number of deaths, insurers can ensure they have sufficient funds to cover future claims, making it a fundamental concept in life insurance underwriting. The other terms in the choices refer to different concepts: actual mortality refers to the actual number of deaths that occur, the mortality rate measures the frequency of deaths in a given population, and morbidity rate focuses on the occurrence of disease or illness, which is a different aspect of health risk altogether.