life insurance in force meaning

  "life insurance in force" in a sentence
[Finance]
The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid.

Examples

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  1. Life insurance in force totaled over $ 2 . 7 billion in 2013.
  2. Lincoln National is gaining $ 37 billion of individual life insurance in force and more than 600 agents.
  3. But Northwestern is bigger with $ 485 billion of life insurance in force to $ 251 billion for Mass . Mutual.
  4. Life of Virginia reported 1994 revenue of $ 693 million, and has about $ 50 billion of life insurance in force.
  5. Total life insurance in force doubled from $ 2 . 7 billion to $ 5 . 4 billion between 1948 and 1957.

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PC Version