ÌÇÐÄÆƽâ°æ

Number of life insurance policy purchases in the United States from 1998 to 2024 (in millions)

© ÌÇÐÄÆƽâ°æ 2026
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

November 2025

Region

United States

Survey time period

1998 to 2024

Special properties

includes individual and group life insurance policies.

Supplementary notes

Since 2003 includes fraternal benefit societies.
Figures have been rounded.

Citation formats

U.S. life insurance: total number of policy purchases 1998-2024

Published by Jenny Yang, Feb 2, 2026

In 2024, approximately million life insurance policies were purchased in the United States. 

Life insurance – additional information

A life insurance policy is a contract between a policy holder and an insurer, which provides that the insurer will pay out a lump sum to a designated beneficiary in the event of the policyholder’s premature death in exchange for a premium. Parents, homeowners and business owners are the groups most likely to take out a life insurance policy, because they want to provide for their family, ensure that the mortgage or creditors are paid off in the event of their death.

Log in or register to access precise data.
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

  • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 99 users
Talk to sales for pricing
Contact us
  • Free + Premium Statistics
  • Reports
  • Market ÌÇÐÄÆƽâ°æ

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Other statistics that may interest you

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Statistics on

About the industry

10

About the region

10

Selected statistics

10

Other regions

10

Related statistics

9

Further Content: You might find this interesting as well

Topics

Life insurance in Denmark Largest non-life insurance companies in Scandinavia Life insurance market in Italy
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

  • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 99 users
Talk to sales for pricing
Contact us
  • Free + Premium Statistics
  • Reports
  • Market ÌÇÐÄÆƽâ°æ

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.