Crude Death Rate
What Does Crude Death Rate Mean?
The crude death rate is a measure of the number of deaths in a specific geographical area, typically derived from statistics compiled around the middle of the year. This rate provides demographers with insights into population growth and helps assess changes in the population within that area.
Insuranceopedia Explains Crude Death Rate
The crude death rate is often analyzed alongside the crude birth rate to assess population growth. These rates are considered “crude” because they do not account for specific demographic details, such as sex and immigration; they simply track the number of deaths in a given location.
The death rate can influence insurance pricing. Crude death rates provide insights into life expectancy, which can, in turn, impact the premiums on life insurance policies. Higher death rates may lead to increased premiums, as insurers adjust their risk assessments based on life expectancy trends.
