The mortality of members of group schemes in South Africa

  • KA Schriek
  • PL Lewis
  • JC Clur
  • RE Dorrington
Keywords: Mortality, group life insurance, formally employed, group schemes

Abstract

In this paper, the mortality of members of group schemes underwritten by South African life insurance companies is investigated. The research provides some indication of the level or mortality of this population as a whole, which apart from being useful for costing group schemes in future could be used, to the extent that these data represent the mortality of those in formal employment, in the costing of a national retirement scheme. Rates of mortality are investigated by several demographic factors such as age, sex, salary and industry of employment.

Keywords: Mortality; group life insurance; formally employed; group schemes

Published
2013-11-11
Section
Articles

Journal Identifiers


eISSN: 1680-2179