A valuation mortality table is a statistical chart used by insurance companies to help calculate the statutory reserve and cash surrender values of life insurance policies.

A mortality table shows the death rate at any given age, based on the number of deaths that occur for every thousand individuals of that age. It provides statistics indicating the likelihood that a person of a given age will live a set number of years. This allows the insurance company to assess risks in individual policies and in their overall insured population. Insurance companies then use this information to set premiums for how much your life insurance costs.