Benefits Paid

Life insurers provide the products that protect against life's uncertainties, helping individuals and families manage the financial risks of premature death, disability, long-term care, and outliving their savings.

Life insurers have paid out billions in life, disability income, long-term care insurance, and annuity benefits—offering peace of mind to Americans when they need it most. Benefits paid in 2019:

  • $88.1 billion in annuity benefits 
  • $78.4 billion to life insurance beneficiaries
  • $19.6 billion in disability income insurance benefits
  • $11.9 billion in long-term care insurance benefits


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