A big part of the working capital that helps Missouri open its doors to families, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $105 billion in Missouri’s economy with agricultural loans, education bonds, retail mortgages and more. We are here to strengthen communities and families across the Show-Me state.
Investing in Agriculture
Farmers in Stoddard, Pemiscot, Ste. Genevieve, New Madrid counties
and others throughout the state received mortgages totaling over $1
billion in recent years, thanks to life insurers’ agricultural loans.
Investing in Residential
Life insurers have provided in recent years $392 million in mortgages
for single-family homes in the state. This includes mortgages in and
around Cape Girardeau, Sikeston, West Plains and more. With these
investments, life insurers are helping Missouri families call the “Show
Me” state “home.”
Investing in Education
Life insurers have invested $1.7 billion in bonds for education in recent
years. The De Soto, Hillsboro R-III, Rolla, Lexington, Independence
and Clayton school districts are just some of the educational entities to
receive funding from life insurers. The bonds life insurers purchase
help Missouri schools invest in safer buildings, enhance technology for
students and staff, and ensure students have the tools they need to
learn at their best.
Investing in Infrastructure
With life insurer investments in Missouri highways, airports and mass
transit, along with investments in electricity and sewer districts, life
insurers have played a critical role in helping maintain and boost
infrastructure in the state. In all, life insurers have purchased bonds
totaling nearly $600 million from entities improving infrastructure in
Missouri in recent years.
Investing in Retail
Life insurers have helped make Missouri a magnet to retailers. Small
shops in Poplar Bluff to large retailers in St. Louis have benefitted
from life insurers’ mortgage loans. In all, life insurers have provided
nearly $950 million in financing in Missouri in recent years, helping
support 27 percent of jobs in the state.
Investing in Industry
Industrial mortgage loans issued by life insurers in recent years total
$1.5 billion. That’s financing in Joplin, St. Joseph, Kansas City and St.
Louis -- financing that promotes manufacturing and jobs in the “Show-
Me” state.