United States Life Insurance: Purchases
Life Insurance: Purchases: Face Amount
Life Insurance: Purchases: Face Amount data was reported at 3,632.527 USD bn in 2023. This records an increase from the previous number of 3,339.895 USD bn for 2022. Life Insurance: Purchases: Face Amount data is updated yearly, averaging 2,969.030 USD bn from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 3,632.527 USD bn in 2023 and a record low of 2,814.881 USD bn in 2014. Life Insurance: Purchases: Face Amount data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 3,632,527.000 2023 | yearly | 2001 - 2023 |
View United States's Life Insurance: Purchases: Face Amount from 2001 to 2023 in the chart:
Life Insurance: Purchases: Face Amount: Credit
Life Insurance: Purchases: Face Amount: Credit data was reported at 43.286 USD bn in 2023. This records an increase from the previous number of 42.391 USD bn for 2022. Life Insurance: Purchases: Face Amount: Credit data is updated yearly, averaging 57.007 USD bn from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 166.151 USD bn in 2001 and a record low of 41.073 USD bn in 2020. Life Insurance: Purchases: Face Amount: Credit data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 43,286.000 2023 | yearly | 2001 - 2023 |
View United States's Life Insurance: Purchases: Face Amount: Credit from 2001 to 2023 in the chart:
Life Insurance: Purchases: Face Amount: Group
Life Insurance: Purchases: Face Amount: Group data was reported at 1,617.469 USD bn in 2023. This records an increase from the previous number of 1,426.839 USD bn for 2022. Life Insurance: Purchases: Face Amount: Group data is updated yearly, averaging 1,159.934 USD bn from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 1,617.469 USD bn in 2023 and a record low of 1,013.728 USD bn in 2002. Life Insurance: Purchases: Face Amount: Group data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 1,617,469.000 2023 | yearly | 2001 - 2023 |
View United States's Life Insurance: Purchases: Face Amount: Group from 2001 to 2023 in the chart:
Life Insurance: Purchases: Face Amount: Individual
Life Insurance: Purchases: Face Amount: Individual data was reported at 1,971.771 USD bn in 2023. This records an increase from the previous number of 1,870.664 USD bn for 2022. Life Insurance: Purchases: Face Amount: Individual data is updated yearly, averaging 1,752.941 USD bn from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 1,974.418 USD bn in 2021 and a record low of 1,590.181 USD bn in 2014. Life Insurance: Purchases: Face Amount: Individual data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 1,971,771.000 2023 | yearly | 2001 - 2023 |
View United States's Life Insurance: Purchases: Face Amount: Individual from 2001 to 2023 in the chart:
Life Insurance: Purchases: Number of Policies
Life Insurance: Purchases: Number of Policies data was reported at 42,532.000 Unit th in 2023. This records an increase from the previous number of 40,016.000 Unit th for 2022. Life Insurance: Purchases: Number of Policies data is updated yearly, averaging 40,134.000 Unit th from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 58,390.000 Unit th in 2001 and a record low of 35,019.000 Unit th in 2013. Life Insurance: Purchases: Number of Policies data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 42,532.000 2023 | yearly | 2001 - 2023 |
View United States's Life Insurance: Purchases: Number of Policies from 2001 to 2023 in the chart:
Life Insurance: Purchases: Number of Policies: Credit
Life Insurance: Purchases: Number of Policies: Credit data was reported at 5,552.000 Unit th in 2023. This records an increase from the previous number of 5,044.000 Unit th for 2022. Life Insurance: Purchases: Number of Policies: Credit data is updated yearly, averaging 10,944.000 Unit th from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 20,225.000 Unit th in 2005 and a record low of 5,044.000 Unit th in 2022. Life Insurance: Purchases: Number of Policies: Credit data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 5,552.000 2023 | yearly | 2001 - 2023 |
View United States's Life Insurance: Purchases: Number of Policies: Credit from 2001 to 2023 in the chart:
Life Insurance: Purchases: Number of Policies: Group
Life Insurance: Purchases: Number of Policies: Group data was reported at 27,394.000 Unit th in 2023. This records an increase from the previous number of 25,473.000 Unit th for 2022. Life Insurance: Purchases: Number of Policies: Group data is updated yearly, averaging 19,051.000 Unit th from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 27,394.000 Unit th in 2023 and a record low of 15,336.000 Unit th in 2013. Life Insurance: Purchases: Number of Policies: Group data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 27,394.000 2023 | yearly | 2001 - 2023 |
View United States's Life Insurance: Purchases: Number of Policies: Group from 2001 to 2023 in the chart:
Life Insurance: Purchases: Number of Policies: Individual
Life Insurance: Purchases: Number of Policies: Individual data was reported at 9,586.000 Unit th in 2023. This records an increase from the previous number of 9,499.000 Unit th for 2022. Life Insurance: Purchases: Number of Policies: Individual data is updated yearly, averaging 10,306.000 Unit th from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 14,692.000 Unit th in 2002 and a record low of 9,440.000 Unit th in 2014. Life Insurance: Purchases: Number of Policies: Individual data remains active status in CEIC and is reported by National Association of Insurance Commissioners. The data is categorized under Global Database’s United States – Table US.RG007: Life Insurance: Purchases.
| Last | Frequency | Range |
|---|---|---|
| 9,586.000 2023 | yearly | 2001 - 2023 |