Life insurance in force

Life insurance in force

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

The total value of life insurance policies that a company has issued. One may think of the life insurance in force roughly as the total amount that the insurance company would have to pay if all its life insurance policyholders died tomorrow as well as the dividends it must pay to whole life policyholders.
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