Disability Experience Studies

The SOA offers studies and table reports on individual, group and credit disability insurance for use by actuaries. Studies often contain many files for download, including multiple ZIP files, PDFs and Excel files. Table reports are often accompanied by Excel workbooks with complimentary materials.

Credit Disability

2015

• 2014 Credit Disability Study Report - An Update of the 2004 Study
  August

2012

• 2011 Credit Disability Experience Report and Tables
  December

2005

• 2004 Credit Disability Experience Report
  July

 

Group Disability

2019

• 2019 Group Long-Term Disability Experience Study Preliminary Report
  October
  The Group Disability Insurance Experience Committee of the SOA has completed their study of termination experience for the period 2009-2017. Included are a preliminary report, consolidated database (CDB), pivot tables and appendices.
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• Group LTD Credibility Study Results from Stage 2
  September
  Report to give actuaries practical information and guidance on LTD claim credibility for case level pricing and underwriting. In Stage 2 of the GLTD Credibility Study, the analysis was expanded using the industry data gathered during Stage 1.
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• 2019 Group Life Waiver of Premium Experience Study
  April
  This study analyzes the recovery and mortality experience for group life waiver claims during the period 2000 – 2015. This study updates the 2005 Group Life Waiver Experience Study which analyzed waivers for the period 1993 – 2002.

2018

• 2018 Group Long-Term Disability Experience Study - New Variables and Predictive Analytics Applications
  October
  This report is a follow-up to the 2018 Group Long-Term Disability Experience Study Report. This report analyses the same dataset, but focuses on the new variables that are included with that dataset, and also details the application of various Predictive Analytics techniques to the data.
• 2018 Group Long-Term Disability Experience Study Report
  April
  Follow up to the study 2014 GLTD Termination Table study. Reporting on recent experience and relative to the parameters underlying that table examined.
• Group LTD Credibility Study Results from Stage 1
  April
  Report to give actuaries practical information and guidance on LTD claim credibility for case level pricing and underwriting.

2017

• Predicting Group Long Term Disability Recovery and Mortality Rates using Tree Models
  August
  Tree models have been found to provide a good fit to group long term disability recovery and mortality rates. This research paper provides an overview of tree models, and details how they have been used for developing these rates.

2016

• 2016 Group Long-Term Disability Experience Study Preliminary Report & Tables (Updated 01/11/17)
  November

2011

• 2008 Long-Term Disability Experience Table Report   (Updated 04/17/17)
  July

2009

• 2008 Long-Term Disability Experience Study & Tables
  August

2000

• 1996 Group Long-Term Disability Experience Study & Tables
  May

 

Individual Disability

2020

• 2007-2015 US Individual Disability Income Persistency Study
  February
  The Society of Actuaries and LIMRA have sponsored a U.S. Individual Disability Income Persistency Study for the period 2007-2015 . This report examines lapse experience on individual disability income insurance products by various policyholder and product factors. The study can be used for industry benchmarking as well as for background information for product development and planning purposes.

2019

• Analysis of Claim Incidence Experience from 2006 to 2014
  November

2013

• 2000-2007 Individual Disability Income Persistency Study
  December
• 1990-2007 Individual Disability Experience Committee Report and Disability Workbook
  March

2011

• 1990–1999 Individual Disability Experience Committee Report
  July

2004

• Individual Disability Income Insurance Lapse Experience
  September