Life Insurers Across America: Protecting Against Life's Uncertainties
Life insurers provide the products that protect against life's uncertainties, helping individuals and families manage the financial risks of premature death, outliving savings in retirement, and paying expenses related to disability and long-term care. No other private institutions can assume these risks.
Because of the long-term nature of the products life insurers provide, they must match their long-term obligations with assets of a longer duration than other types of financial companies.
In this section, learn more about the benefits the industry pays out, the distribution of the industry's assets, the specific industry contributions in a particular state, and more.