The data illustrates the total number of life insurance policies in force in the U.S. from 2008 to 2016. In 2016, there were approx. 290.65 million of life insurance policies in force in the U.S.
Life insurance policies – additional information
The year after the economic recession, the total number of life insurance policies in force dropped from around 335 million to 291 million. When money is tight, it appears that consumers think life insurance is something they can’t afford, instead of a tool which can be used to protect their loved ones in an emergency.
