Total amount of life insurance issued and outstanding; this sum includes dividends paid. However, amounts payable and other special provisions are not included in this calculation. For example, if the total value of life insurance policies total 1,000,000 while dividends paid out total $50,000 and accounts payable total $100,000, the life insurance in force would be $1,050,000 (calculated by 1,000,000+50,000).
Related information about life insurance in force:
- Life Insurance in Force - Financial Dictionary - The Free Dictionary
The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid.
- Life Insurance in Force and Purchases - U.S. Census Bureau
Life Insurance in Force and Purchases in the United States— ... Data represents all life insurance in force on lives of U.S. residents whether issued by U.S. or ...
- What is life insurance in force? definition and meaning
Definition of life insurance in force: Total amount of life insurance issued and outstanding; this sum includes dividends paid. However, amounts payable and ...
- Life Insurance In Force: Definition from Answers.com
amount of life insurance that a company has issued, including the face amount of all outstanding policies together with all dividends that have been paid.
- Life Insurance in Force in the United States--Summary statistics ...
USA Census statistics numbers, Life Insurance in Force in the United States-- Summary.
- Life Insurance in Force — Infoplease.com
Year, Individual, Group, Credit, Total. 1900, $7,573, —, —, $7,573. 1915, 20,929, $100, —, 21,029. 1930, 96,539, 9,801, $73, 106,413. 1945, 129,225, 22,172 ...
- IndIvIdual lIfe Insurance - The American Council of Life Insurers
Life Insurance. Figure 7.1. Individual, Group, and credit life Insurance in force in the united states (face amount). Source: ACLI tabulations of National Association ...
- lIfe Insurance - The American Council of Life Insurers
Life Insurance. Figure 7.1. Individual, Group, and credit life Insurance in force in the united states (face amount). Source: ACLI tabulations of National Association ...