A big part of the working capital that helps Rhode Island businesses open their doors, invest in new projects and grow their workforce comes from long-term investments by life insurers. Our companies have invested $17 billion in Rhode Island’s economy with agricultural loans, education bonds, residential and retail mortgages and more. We are here to strengthen businesses and communities across the Ocean State.
- $17 billion invested in Rhode Island’s economy
- $14 billion in stocks and bonds that help finance business development and create new jobs
- $480 million in mortgage loans on farms, residential, and commercial property
Investing in Education
Life insurers have invested over $9.2 million in the state’s education system.
Investing in Apartment/ Multifamily
The industry has invested $156 million in mortgage loans for apartments and multi-family homes across the state, helping more individuals and families call Rhode Island home.
#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.