Taxing life insurers taxes the life out of families like yours main street paychecks skylines manufacturing plants every last one of us.

Raising taxes on life insurers hurts families, seniors, communities and our economy.

What we do

Life Insurers Put Life into America

Taxing life insurers could end up taxing more than you think.
Financial safety nets. New factory floors. Safe and reliable energy. It could even tax bridges from skylines or neighbors out of work.

Don't tax the life out of families like yours

Taxing life insurers taxes the financial security of 90 million American families.

Husband and wife posing with a photograph with their children.

90M

American Families Protected

$431B

in Benefits

$193.2B

in Life & Annuity Benefits

Life Insurers Keep Families Afloat

For more than 175 years, life insurers have helped people through all stages of life — closing the gaps and strengthening the financial footing of everyday Americans in communities nationwide.

Life insurers not only safeguard family finances with life insurance policies, but they also keep paychecks coming in with paid leave benefits. They offer the peace of mind of disability income insurance. The certainty of supplemental health benefits. And the financial stability of retirement savings and guaranteed lifetime income.

“Life insurance needs to be protected for the ones we leave behind, mainly for the young ones.”
Michelle S.

Don't tax the growth out of our economy

Life insurers invest in the bonds that fuel our economy and create jobs.

Colleagues looking at a laptop together.

$3.6T

in U.S. Corporate Bonds

23%

of all U.S. Corporate Bonds

Life Insurers Invest in America

As the single largest investor in job-creating U.S. corporate bonds, life insurers are one of the largest sources of investment capital in our country.

This investment allows businesses both large and small to help grow their local economies and workforces. Placing additional tax burdens on the industry could have an unexpected ripple effect across the country.

Don't tax the strength out of our communities

Life insurers use investments in bonds, stocks and more to guarantee our policy payouts. Those assets are invested in American communities.

$8T

in the U.S. Economy

$71B

in Infrastructure

$50B

in Capital
Improvements

Life Insurers Support Our Neighbors

Life insurers invest 8 trillion dollars in the American economy. That provides funding for the construction of factories, energy infrastructure, schools, parks, housing, bridges, roads and more.

68% of the industry’s general account investments are in these stable, long-term bonds that provide economic certainty for local municipalities and governments. If we have to sell them early due to tax reform, it will impact economic investments across the country.

Life insurers build American communities with investments in the Louisiana Energy & Power Authority, Black Hills Corporation, Micron, Alabama State Public School & College Authority, Pennsylvania State Turnpike and more.

Don't tax the security out of our seniors' future

With an aging population, annuities backed by life insurers provide guaranteed lifetime income for retirees.

$4.3T

in Retirement
Savings

$76K

Median Income of Annuity-Owning Households

Life Insurers Offer Financial Certainty

More than 11,200 Americans turn 65 each day. Not only do life insurers guarantee the retirement income of seniors — the industry’s annuities alleviate more than $100 billion in Social Security expenditures over time as the greatest surge of Baby Boomers retire.

Raising taxes on life insurers doesn’t support those savings to an important public program or our aging population who depends on annuities to save and plan ahead.

“If it weren’t for the annuity I purchased 27 years ago, I wouldn’t have any retirement money.”
Jane L.

Don't tax the small out of business

Small business owners across the country count on life insurers for financial security and protection from risk at the worst time.

1 of 4

Small Business Owners Insured with Whole Life

97M+

Workers Have
Employer-Provided
Life Insurance

Life Insurers Keep Families in Business

Almost a quarter of small business owners have whole life insurance, an important asset that can help owners continue their businesses from one generation to the next.

Beyond that, Main Street employers offer employee benefits, such as life insurance, guaranteed by life insurers. 70% of small and mid-sized business owners say these benefits improve employee retention, recruiting and productivity — helping to keep workers local and economies thriving.

“I never did think that a life insurance policy, especially when I took it, would ever have a bearing on saving my business... And I’m glad to say that it did.”
Mike J.

What you can do

Help Life Insurers Continue to Put Life into America

Surprised at the many things life insurers do and want to know more? Learn how we invest in life.

Find Your Legislator

Worried about what taxing life insurers could mean for you, your family and your community?

Tell your representative

Share Your Story

Have you already felt the positive impact of all that life insurers do?

Film a testimonial

Stay in the Loop

Want to stay on top of the situation as new bills on tax reform are put forth?

Protect Access to Financial Security

People are speaking up on the importance of access to products provided by life insurers, including life insurance, annuities and voluntary supplemental benefits. Taxing life insurers has a real impact on the individuals and families who depend on these products for financial protection through all stages of life.