IMPACT FACTS: Life Insurance in Force - ACLI IMPACT

IMPACT FACTS: Life Insurance in Force

Nov 30, 2023

By: Khari Cook

According to the ACLI 2023 Life Insurers Fact Book, the amount of life insurance in force in the United States rose 2.9 percent to a record $21.8 trillion in 2022.

The COVID-19 pandemic reaffirmed the importance of life insurance for many American families.
In 2022, there were more than 136 million individual life insurance policies in the U.S.

Financial Wellness & Inclusion

Life Insurance 101

Khari Cook

Khari Cook is Senior Analyst, Research at the American Council of Life Insurers (ACLI). He is primarily responsible for data analysis of life insurers’ quarterly and annual statutory filings, along with company product line and investment survey data.

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ACLI Economic Empowerment & Racial Equity Initiative • Annuity Awareness • Best Interest / Fiduciary • ACLI Capital Challenge | COVID-19 • DEI – ACLI M em bers • IMPACT+ • Investments in America • Life Insurance 101 • Life Insurance Spotlight • MeetingTheMoment • SECURE 2.0 • SECURE Act • Supplemental Benefits