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CMI Income Protection Rate Table Tool

Version 1.0 of the CMI Income Protection Rate Table Tool was released in April 2014

This is a spreadsheet-based tool, designed to assist practitioners in deriving claim inception and termination rates, as well as other factors required for their in-house profit testing, valuation and experience analysis tools, such as claim annuity values. It is intended to help practitioners make full use of the published graduations (SM1975-78 and IPM 1991-98) and experience.

The Tool allows straightforward calculation of inception and termination rates, and includes secondary functions to calculate rates of decrement, continuance probabilities and claim annuity values. Examples are provided to demonstrate use of these functions and to help enable users to tailor them to their own needs.

A user guide provides documentation for the CMI IP Tool.

•    CMI IP Tool

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If you have any questions about the CMI please email