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Face amount of life insurance policy purchases in the United States from 2000 to 2023 (in trillion U.S. dollars)

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Sources

Release date

May 2024

Region

United States

Survey time period

2000 to 2023

Supplementary notes

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

Citation formats

U.S. life insurance: face amount of policy purchases 2000-2023

Published by Jenny Yang, Feb 28, 2025

The value of life insurance policy purchases in the United States has remained relatively constant over the past two decades. In 2023, the aggregate face amount of life insurance policy purchases amounted to *** trillion U.S. dollars in the United States, up from *** trillion U.S. dollars in the previous year.

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