Compensation Glossary

Blended Rates

Several definitions, two of which are listed: 1) Organization mortality rates that are based, in part, on a group's own experience and in part on manual rates. These Blended Rates are used to determine the appropriate organization insurance premium rates for intermediate-size groups. See also Experience Rating and Manual Rates. (2) A rate offered by a lender, which is somewhere between a previous rate and a new loan rate.