Share of adults who owned life insurance in the U.S. 2011-2020

In 2020, 55 percent of Americans owned life insurance, down from 63 percent in 2011. There are several reasons why people don't buy life insurance, such as cost or lack of necessity.

Share of adults who owned life insurance in the United States from 2011 to 2020

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Sources

Release date

April 2020

Region

United States

Survey time period

2011 to 2020

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Statistics on "Life insurance in the United States"

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