ACLI

The American Council of Life Insurers

Contact Info

101 Constitution Avenue, NW
Suite 700
Washington, DC 20001-2133
Phone: 202-624-2000 (general); 877-674-4659 (website)
Email: webadmin@acli.com

American Council of Life Insurers

America’s life insurance companies were born out of the idea that no family should be on its own in hard times. For as long as 175 years, life insurance companies have stayed ahead of the ever-changing needs of America’s families and its economy, with products and services that provide financial security today and certainty for the future – through all stages of life.

Today, the American Council of Life Insurers (ACLI) advocates on behalf of 280 life insurance companies, 94 percent of industry assets. Based in Washington, D.C., ACLI represents member companies in state, federal and international forums and advocates for public policy that advances expanded consumer access to the industry marketplace.

90 million American families depend on ACLI member companies for

• life insurance
• annuities
• retirement plans
• long-term care insurance
• short- and long-term disability income insurance
• reinsurance
• dental, vision and other supplemental benefits.
  

Small businesses rely on life insurance industry products.

• In times of need, small business owners can use cash value in policies for liquidity needs.
  

ACLI member companies back long-term guarantees, always there when policyholders need them.

• Life insurance companies pay out $2.1 billion every day.
• In comparison, Social Security pays out $2.7 billion every day.
  

To meet these obligations, ACLI member companies invest long for the long term, making the industry one of the nation’s largest sources of investment capital, with $6.7 trillion invested in the U.S. economy – including in education, housing, health systems, and agriculture. When America was recovering from the 2008 financial crisis, life insurers purchased more than 23 percent of the Build America Bonds issued by states and municipalities.

Overall, the life insurance industry generates approximately 2.7 million jobs in the United States.