Rhode Island Life Insurance Information

Get life insurance information on your state provided by The Insurance Loft and the Bureau of Labor Statistics.

In 2012 Rhode Island residents purchased 5 billion dollars in individual Life Insurance policies amassing more than $2 Billion in benefits for policy-holders.

The total amount of life insurance owned by Rhode Island residents is estimated at $111 Billion.  More than 4 million residents of Rhode Island own policies.  On average the coverage per policy-holder is $157,000. 

View the comparison chart to learn the difference between Term Life, Whole Life and Universal coverage.

Get a Nationwide Life Insurance Quote today powered by The Insurance Loft.

Bureau of Labor Statistics, U.S. Department of Labor, National Compensation Survey, March 2013.
Sources: ACLI calculations based on National Association of Insurance Commissioners (NAIC) 2012 annual statement data; U.S. Bureau of Economic Analysis, 2012 data; U.S. Census Bureau, 2012 data; U.S. Bureau of Labor Statistics, 2012 data; and U.S. Treasury Department, 2012 data.