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32. 1997 Economic Census





851. Life Insurance in Force in the United States--Summary

[As of December 31 or calendar year,as applicable (355 represents 355,000,000). Covers life insurance with life insurance companiesonly. Represents all life insurance in force on lives of U.S. residentswhether issued by U.S. or foreign companies. For definition ofhousehold, see text, Section 1, Population]

 
LIFE INSURANCE IN FORCE AVERAGE SIZE POLICY IN AVERAGE AMOUNT
FORCE (dollars) ($1,000) Disposable
- personal
Number Value (bil. dol.) Per income
of Per insured per
YEAR policies, Ordinary Group Industrial Credit 1 household household household
total Total Ordinary Group Industrial Credit 1 ($1,000)
(mil.)
 
1970 355 1,402 735 551 39 77 6,110 6,910 500 1,000 21.2 25.5 11.5
1971 357 1,503 792 590 39 82 6,440 7,170 520 1,080 22.4 27.0 12.2
1972 365 1,628 854 641 40 93 6,790 7,530 530 1,190 23.5 28.3 12.8
1973 369 1,778 928 708 41 101 7,230 8,010 540 1,300 25.0 30.1 14.1
1974 380 1,985 1,009 827 39 110 7,690 8,840 550 1,310 26.9 32.5 15.1
1975 380 2,140 1,083 905 40 112 8,090 9,360 570 1,410 29.0 34.9 16.3
1976 382 2,343 1,178 1,003 39 123 8,610 10,010 580 1,580 30.8 37.1 17.5
1977 390 2,583 1,289 1,115 39 140 9,240 10,550 590 1,760 33.2 40.0 18.9
1978 401 2,870 1,425 1,244 38 163 10,010 11,260 600 1,950 35.9 43.2 20.8
1979 407 3,222 1,586 1,419 38 179 10,890 12,350 610 2,120 39.4 48.0 22.9
1980 402 3,541 1,761 1,579 36 165 11,920 13,410 620 2,110 41.9 51.1 24.4
1981 400 4,064 1,978 1,889 35 162 13,310 15,400 630 2,220 46.2 56.3 26.7
1982 389 4,477 2,217 2,066 33 161 15,140 16,630 630 2,410 51.1 63.1 28.1
1983 387 4,966 2,544 2,220 31 171 17,380 17,530 630 2,650 56.3 69.5 30.1
1984 385 5,500 2,888 2,392 30 190 19,970 18,780 630 2,880 61.4 75.7 32.9
1985 386 6,053 3,247 2,562 28 216 22,780 19,720 640 3,100 66.6 82.2 34.6
1986 391 6,720 3,658 2,801 27 234 25,540 20,720 650 3,310 72.2 89.1 36.0
1987 395 7,452 4,139 3,044 26 243 28,510 22,380 650 3,330 78.7 98.4 37.6
1988 391 8,020 4,512 3,232 25 251 31,390 23,410 660 3,570 84.5 105.6 40.0
1989 394 8,694 4,940 3,470 24 260 34,410 24,510 670 3,600 89.9 112.4 42.0
1990 389 9,393 5,367 3,754 24 248 37,910 26,630 670 3,500 98.4 124.5 44.6
1991 375 9,986 5,678 4,058 22 228 41,450 28,760 680 3,580 102.7 130.0 46.1
1992 366 10,406 5,942 4,241 21 202 42,960 29,930 700 3,610 106.6 136.6 48.2
1993 363 11,105 6,428 4,456 20 200 45,770 31,430 700 3,850 111.6 143.1 49.7
1994 390 11,057 6,407 4,442 19 189 45,870 26,338 659 3,609 113.9 146.3 51.7
1995 393 11,638 6,816 4,603 18 201 49,090 27,051 664 3,554 119.1 148.9 54.3
1996 355 12,704 7,408 5,068 18 211 52,912 36,459 695 4,215 128.6 157.3 56.6
1997 351 13,364 7,855 5,279 18 212 57,333 37,176 720 4,516 134.1 167.6 58.1
1998 358 14,471 8,506 5,735 17 213 62,543 37,732 724 4,629 141.1 178.6 58.8



1 Insures borrower to cover consumer loan in case of death.

Source: American Council of Life Insurance, Washington, DC,Life Insurance Fact Book, annual (copyright).

http://www.acli.com/

https://allcountries.org/uscensus/851_life_insurance_in_force_in_the.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2019 Photius Coutsoukis and Information Technology Associates, all rights reserved.