Exclusive Study Reveals Latest, Most Comprehensive Older Age Mortality Experience Data

Accurately Price Your Older Issue Age Life Insurance Products for Maximum Portfolio Value

Your life insurance book of business is best priced and valued based on current and accurate older age mortality levels. The 2007 Tillinghast Older Age Mortality Study (TOAMS 2) is the largest study of its kind focused entirely on this type of data and analysis.

TOAMS 2 includes data from 29 insurers on policyholders aged 50 and older. It reports mortality experience by gender, smoking and plan category providing insights that address your questions:

• What is the life expectancy of an 80-year old female?
• How much better is mortality on large face amount policies?
• How should I adjust my product offering pricing and expansion?

Access Extensive Older Age Mortality Experience Data Based on $4.1 Trillion of Policy Exposures

The second Older Age Mortality Study conducted by Tillinghast — the business of Towers Perrin that provides consulting to the insurance industry — builds on Towers Perrin's first groundbreaking study and is the largest investigative survey of its kind.

TOAMS 2 covers 35 million policy years and $4.1 trillion face amount of exposures over a three-year study period, 2003-2005. TOAMS 2 provides essential guidance to help life insurers determine:

• mortality levels
• gender assumptions
• mortality at higher face amounts
• preferred risk discounts
• cause of death indicators
• product type variation.

Query TOAMS 2 Data to Enhance Your Pricing Strategy

When you purchase TOAMS 2 you will also receive a robust query tool that you can use to view results from both the original Older Age Mortality Study as well as TOAMS 2 on any combination of factors.

The query tool can help you:

• generate customized output
• compare TOAMS data from a specific band size with your own company data
• access results on as granular a basis, such as preferred nonsmoker results on term coverage between $250,000 and $1,000,000.

Results are provided for exposures, deaths and actual-to-expected ratios based on either the Society of Actuaries (SOA) 2001 VBT or the SOA 1975-80 table for TOAMS 2 exposures. As in TOAMS, results are provided by issue age and duration bands.

The TOAMS 2 Query Tool is based in Excel^® with an Access^® database.

Install the TOAMS 2 Query Tool trial version to experience the query tool’s functionality and capabilities first hand. (Actual TOAMS 2 data is not included with this trial version, and any reports that you generate will only display illustrative results for demonstration purposes.)

After your download of the trial version is complete, save the file to your computer. Double-click on the saved TOAMS2_trial.exe file to launch the installation.

Purchase TOAMS 2

Purchase the complete TOAMS 2 report, including the query tool, for $30,000.