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Life insurance in the US
According to LIMRA’s Facts About Life 2011, life insurance protection in the US has declined to an all-time low, where 41% or 95 million of U.S. adults have no life insurance at all. Only 61 percent of men and 57 percent of women in the US have some sort of life insurance coverage. Men ages 35 to 54 have seen large declines in individual life ownership in the past 12 years. On average, women have $129,800 of individual life insurance, while men have $187,100 of individual life insurance coverage. Hispanics are more likely to prefer to buy life insurance direct from a company via the Internet than other ethnic groups.
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In 2010, net premiums written for life/health insurance sector in the US amounted to $582.6 billion, an increase of $72.2 billion or 14.15% compares to $510.4 billion in 2009. Life insurance net premiums written declined $18.8 billion or 15.6% to $101.7 billion, compares to $120.5 billion in 2009. However, net premiums written for annuities increased by $60.9 billion or 27.02% to $286.3 billion, compares to $225.4 billion in 2009. Accident and health net premiums written aslo increased by $9.1 billion or 5.6% to $171.5 billion, compares to $162.4 billion in 2009. Life/Health insurers in the US has a totaled $3,194.9 billion in cash and invested assets, an increase of $123 billion or 4% compares to $3,071.9 billion in 2009.
Direct premiums written in 2010 for annuities is $299,354,913 million, followed by accident and health life with $176,170,993 million, and life with $157,430,584 million.


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