Underwriting

Table Rating

A table rating is a premium increase for higher than standard risk, shown with letters or numbers. Each step usually adds about 25 percent to the standard rate, though carriers differ.

Why it matters

Table A, B, C and so on rise in steps, or Table 1 through 16 in other systems. A Table 4 might mean about 100 percent over standard under a common scale. Not all carriers use the same method. Ratings can sometimes be reconsidered after a few years of improved health.

Source: naic.org

Read next, for familiesHow much does life insurance cost, and what drives the price?

Start your climb.

Tell us where you are today and request a call about licensing, training and the calls.

Shopping for coverage instead? Get a quote