U.S. life insurance: average face value of policies purchased 1997-2017

Average face amount of individual life insurance policies purchased in the United States from 1997 to 2017 (in thousand U.S. dollars)

U.S. life insurance: average face value of policies purchased 1997-2017 The statistic presents the average face value of individual life insurance policies purchased in the United States from 1997 to 2017. In 2017, the average face amount of individual life insurance policy amounted to 163 thousand U.S. dollars.
The value of individual life insurance in force in the U.S. in 2017 was approximately 12 trillion U.S. dollars. This number has been steadily rising since 2008.
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Average face amount of individual life insurance policies purchased in the United States from 1997 to 2017 (in thousand U.S. dollars)

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Value in thousand U.S. dollars
2017163
2015160
2013165
2011162
2009172
2007175
2005157
2003128
2001114
1999120
1997103
Value in thousand U.S. dollars
2017163
2015160
2013165
2011162
2009172
2007175
2005157
2003128
2001114
1999120
1997103
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The statistic presents the average face value of individual life insurance policies purchased in the United States from 1997 to 2017. In 2017, the average face amount of individual life insurance policy amounted to 163 thousand U.S. dollars.
The value of individual life insurance in force in the U.S. in 2017 was approximately 12 trillion U.S. dollars. This number has been steadily rising since 2008.
Show more
Release date
October 2018
Region
United States
Survey time period
1997 to 2017
Supplementary notes
"Face amount" is the amount stated on an insurance policy, to be paid upon death or maturity.
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