A big part of the working capital that helps Indiana businesses open their doors, invest in new projects and grow their workforce comes from long-term investments by life insurers. Our companies have invested $92 billion in Indiana’s economy with agricultural loans, education bonds, residential and retail mortgages and more. We are here to strengthen businesses and communities across the Hoosier State.
- $92 billion invested in Indiana’s economy
- $72 billion in stocks and bonds that help finance business development and create new jobs
- $5 billion in mortgage loans on farms, residential, and commercial property
Investing in Agriculture
Life insurers have invested $900 million in agricultural loans, including more than $50 million in Pulaski County. These loans provide the working capital area farmers need to upgrade and purchase equipment and expand their land.
Investing in Apartment/ Multifamily
The industry has dedicated over $1.4 billion in mortgage loans for apartments and multi-family homes, including $43 million in Indianapolis, Terre Haute, and Mishawaka, helping more individuals and families call Indiana home.
Investing in Economic Development
Life insurers have provided $2.2 billion in industrial, retail and office mortgages, including more than $600 million in industrial loans, helping business owners in Greenfield, Lafayette and Indianapolis secure the space they need to build, manufacture and grow.
2019 data.
#MeetingTheMoment
Life insurance companies plan ahead. Not just to deliver for our policyholders. But to help our communities in times of need. We are #MeetingTheMoment.