For more than 175 years, the life insurance industry has helped people through all stages of life. Financial certainty creates more opportunities, a stronger workforce and thriving communities. Today, life insurers are working to provide more people with long-term peace of mind.
Life insurers paid $89.1 billion to the beneficiaries of life insurance policies in 2023.
Life insurers paid $104.1 billion to annuity holders in 2023.
Total life insurance coverage reached a record $22.2 trillion in 2023.
