Life Insurance

Overview

Life insurance is the cornerstone of financial security for millions of American families and businesses. It enables individuals and families from all economic brackets to maintain independence in the face of financial catastrophe. By providing tools for protection and savings, life insurance promotes personal responsibility and thus relieves pressure on government programs. Two-thirds of American families have life insurance protection.

What is $204 Million?

$204 million is the amount insurers delivered every day in 2015 to beneficiaries of life insurance policies. [read more]

Public Policy

Families and businesses alike need financial stability and count on life insurers’ products for peace of mind, long-term savings, retirement planning, and guaranteed lifetime income. Savings in permanent life insurance and annuities alone represent almost 20 percent of Americans’ long-term savings in this country. Public policy should encourage people, and businesses, to save more, plan for the future, and protect against financial risks—particularly in light of the strains on the public safety net.

Publications and resources

What You Should Know About Life Insurance. An ACLI guide to help you choose the right life insurance products to meet your needs.

Tips on Buying Life Insurance (PDF). Choosing a life insurance product is an important decision. As with any major purchase, it is important to understand your family's needs and the options available. Use this list of buying tips to help you choose.

State Insurance Department Directory. The State Insurance Department Directory, with contact information for 50 states, the District of Columbia, Puerto Rico, Guam, and the U.S. Virgin Islands. Includes names and phone numbers for key personnel and specific subject contacts.