Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

U.S. life insurance: number of policies in force 2008-2017

Total number of life insurance policies in force in the United States from 2008 to 2017 (in millions)

U.S. life insurance: number of policies in force 2008-2017 This statistic depicts the total number of life insurance policies in force in the United States from 2008 to 2017. In 2017, there were approximately 288.86 million of life insurance policies in force in the United States.
Life insurance policies – additional information

The year after the economic recession, the total number of life insurance policies in force dropped from around 335 million to 289 million. When money is tight, it appears that consumers think life insurance is something they can’t afford, instead of a tool which can be used to protect their loved ones in an emergency. Furthermore, even though the economy has since improved, the number of life insurance policies which people have has not been able to bounce back to what it was before the crisis.

While the face value of individual policies shows an upward trend as does the face amount of all policies since 1992, both show only a partial recovery since 2008. Furthermore, the number of life insurance policy purchases seems to have been on the decline since well before the crisis.

So what is actually important for consumers when it comes to life insurance? According to a consumer study carried out in January 2017, the most important factors for consumers involved being certain that they understand what they are buying and the ability to chat with a person. This means that clarity and communication are vital.
Show more

Total number of life insurance policies in force in the United States from 2008 to 2017 (in millions)

Number of policies in millions
--
--
--
--
--
--
--
--
--
--
Number of policies in millions
--
--
--
--
--
--
--
--
--
--
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1.5m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $49 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$588 / Year

Download Settings Share
Download started
Please be patient - this may take a moment
This statistic depicts the total number of life insurance policies in force in the United States from 2008 to 2017. In 2017, there were approximately 288.86 million of life insurance policies in force in the United States.
Life insurance policies – additional information

The year after the economic recession, the total number of life insurance policies in force dropped from around 335 million to 289 million. When money is tight, it appears that consumers think life insurance is something they can’t afford, instead of a tool which can be used to protect their loved ones in an emergency. Furthermore, even though the economy has since improved, the number of life insurance policies which people have has not been able to bounce back to what it was before the crisis.

While the face value of individual policies shows an upward trend as does the face amount of all policies since 1992, both show only a partial recovery since 2008. Furthermore, the number of life insurance policy purchases seems to have been on the decline since well before the crisis.

So what is actually important for consumers when it comes to life insurance? According to a consumer study carried out in January 2017, the most important factors for consumers involved being certain that they understand what they are buying and the ability to chat with a person. This means that clarity and communication are vital.
Show more
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Insurance industry in the United States
Insurance industry in the United States

All Information
in one Presentation

Insurance industry in the United States

Everything On "Insurance industry in the United States" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.
Marlene Greenfield

Marlene Greenfield
Vice President, Hearst Magazines

Statistics on "Insurance industry in the United States"
  • Industry overview
  • Brokers & agents
  • Life insurance
The most important statistics
  • Health insurance
  • Property and casualty insurance sector
  • Homeowner insurance
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

Menu