Life insurers pay out $1.5 billion to families and businesses every day.
More than 1 out of every 6 dollars of Americans’ long-term savings is in permanent life insurance and retirement annuities.
The life insurance industry generates approximately 2.5 million jobs in the U.S.
With $5.6 trillion—90 percent of the industry’s total assets—invested in the U.S. economy, life insurers are one of the largest sources of investment capital in the nation.
Life insurers are the largest institutional source of bond financing for American business, holding 20 percent of all U.S. corporate bonds.
