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Article: Life expectancy concept is often misunderstood.(Putting it Together)
- Article from:
- National Underwriter Life & Health-Financial Services Edition
- Article date:
- November 11, 1996
- Author:
CopyrightCOPYRIGHT 1996 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For some time, I have been trying to write a story about life expectancy. It's a devilish concept.
This issue of National Underwriter concentrates on substandard business; this gives me a good chance to confront the life expectancy devil.
As Faust knew, the devil has charisma. He has a thousand disguises. He promises many wonders. But those promises are misleading. He threatens many disasters. But those threats are also misleading. These traits all apply to the life expectancy devil.
Members of the public know all about life expectancy. They believe, for instance, that life expectancy is a predictor of the date of death. They believe that if ...