According to a survey conducted in Japan in 2021, almost 95 percent of households with a head aged 55 to 59 had at least one member who owned life insurance, the highest share among households with two or more members. Among households with a household head aged 29 or younger, the life insurance ownership rate stood at around 70.2 percent.
Life insurance ownership rate among households in Japan in 2021, by age of household head
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Other statistics that may interest you Life insurance industry in Japan
Overview
5
- Premium Statistic Leading premium writing countries globally 2022, by premiums
- Premium Statistic Life insurance market share to gross premium in Japan FY 2016-2022
- Premium Statistic Life insurance penetration in Japan FY 2013-2022
- Premium Statistic Life insurance density in Japan FY 2013-2022
- Premium Statistic Tertiary Industry Activity Index of the life insurance industry in Japan 2014-2023
Companies and agencies
6
- Premium Statistic Number of life insurers in Japan 2017-2023
- Premium Statistic Life insurance market share in Japan FY 2022, by company type
- Premium Statistic Number of direct salespersons of life insurance companies in Japan FY 2016-2022
- Premium Statistic Number of life insurance agencies in Japan FY 2016-2022, by type
- Premium Statistic Number of sales representatives of life insurance agencies in Japan FY 2016-2022
- Premium Statistic Sales channel breakdown of life insurers Japan 2023
Key players
6
- Premium Statistic Premium income of major life insurance companies in Japan FY 2020-2022
- Premium Statistic Net income of major life insurance companies in Japan FY 2020-2022
- Premium Statistic Dai-ichi Life Group's premium and other income FY 2016-2022
- Premium Statistic Nippon Life Group's insurance revenue FY 2016-2022
- Premium Statistic Meiji Yasuda Life Insurance Group's premium and other income FY 2016-2022
- Premium Statistic Japan Post Insurance's premium and other income FY 2013-2022
Premium income and benefits paid
7
- Premium Statistic Premium and other income of life insurers in Japan FY 2013-2022
- Premium Statistic Premium income of life insurers in Japan FY 2013-2022, by type
- Premium Statistic Annualized premium of individual life insurance policies in force Japan FY 2013-2022
- Premium Statistic Annualized premium of life insurance policies in force in Japan FY 2013-2022, by type
- Premium Statistic Annualized premium of third-sector insurance policies in force in Japan FY 2013-2022
- Premium Statistic Benefits paid by life insurers in Japan FY 2013-2022
- Premium Statistic Benefits paid by life insurers in Japan FY 2013-2022, by type
Individual life insurance
6
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2013-2022
- Premium Statistic Number of individual life insurance policies in force in Japan FY 2022, by type
- Premium Statistic Value individual life insurance policies in force in Japan FY 2013-2022
- Premium Statistic Number of new individual life insurance policies in Japan FY 2013-2022
- Premium Statistic Newly issued individual life insurance policies in Japan FY 2022, by type
- Premium Statistic Value of new individual life insurance policies in Japan FY 2013-2022
Cooperatives
4
- Premium Statistic Number of life insurance policies in force of cooperatives in Japan FY 2016-2022
- Premium Statistic Premium income from life insurance of cooperatives in Japan FY 2015-2022
- Premium Statistic Number of annuity insurance policies in force of cooperatives in Japan FY 2016-2022
- Premium Statistic Premium income from annuity insurance of cooperatives in Japan FY 2016-2022
Small amount and short-term insurers
4
- Premium Statistic Number of small amount and short-term insurers in Japan FY 2022, by type
- Premium Statistic Policies in force of small amount and short-term insurers in Japan FY 2016-2022
- Premium Statistic Breakdown of policies in force of small amount insurers in Japan FY 2022, by line
- Premium Statistic Premium income from life and health insurance of mini insurers in Japan FY 2016-2022
Customer demographics
6
- Premium Statistic Most common life insurance sales channels in Japan 2009-2021
- Premium Statistic Reasons for taking out life insurance 2021
- Premium Statistic Life insurance ownership among households in Japan 2009-2021
- Premium Statistic Life insurance ownership among households in Japan 2009-2021, by insurer type
- Premium Statistic Life insurance ownership among households in Japan 2021, by age of household head
- Premium Statistic Annual expenses for medical insurance per household in Japan 2015-2022
Further Content: You might find this interesting as well
Japan Institute of Life Insurance. (December 20, 2021). Life insurance ownership rate among households in Japan in 2021, by age of household head [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1283400/japan-life-insurance-ownership-households-by-household-head-age/
Japan Institute of Life Insurance. "Life insurance ownership rate among households in Japan in 2021, by age of household head." Chart. December 20, 2021. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1283400/japan-life-insurance-ownership-households-by-household-head-age/
Japan Institute of Life Insurance. (2021). Life insurance ownership rate among households in Japan in 2021, by age of household head. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1283400/japan-life-insurance-ownership-households-by-household-head-age/
Japan Institute of Life Insurance. "Life Insurance Ownership Rate among Households in Japan in 2021, by Age of Household Head." Statista, Statista Inc., 20 Dec 2021, https://www.statista.com/statistics/1283400/japan-life-insurance-ownership-households-by-household-head-age/
Japan Institute of Life Insurance, Life insurance ownership rate among households in Japan in 2021, by age of household head Statista, https://www.statista.com/statistics/1283400/japan-life-insurance-ownership-households-by-household-head-age/ (last visited May 13, 2024)
Life insurance ownership rate among households in Japan in 2021, by age of household head [Graph], Japan Institute of Life Insurance, December 20, 2021. [Online]. Available: https://www.statista.com/statistics/1283400/japan-life-insurance-ownership-households-by-household-head-age/