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Current Table

Individual Disability Insurance, New Issues Sales, 2020 (1)

($000)

  Annualized
premiums
Percent change,
2019-2020
Number of
policies
Percent change,
2019-2020
Guaranteed
renewable
$93,000 -25% 138,994 -28%
Noncancellable 336,023 -5 153,849 -5
Total $429,023 -10% 292,843 -17%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 18 personal disability insurance companies. Excludes commercial disability income.

Source: U.S. Individual Disability Income Insurance Sales, 2020 4th Quarter, LIMRA, 2021.

 
INDIVIDUAL DISABILITY INSURANCE, NEW ISSUES SALES, 2007-2008 (1)
  Number of policies Percent change, 2007-2008 Annualized premium Percent change, 2007-2008
Noncancellable 174,151 -1% $334,386,362 2%
Guaranteed
renewable
335,488 4 211,186,357 6
Total 509,050 2% $545,388,077 3%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 18 personal disability insurance companies. Excludes commercial disability income.

Source: LIMRA International.

 
INDIVIDUAL DISABILITY INSURANCE, NEW ISSUES SALES, 2008-2009 (1)
  Number of policies Percent change, 2008-2009 Annualized premium Percent change, 2008-2009
Guaranteed
renewable
315,627 -6% $198,768,536 -6%
Noncancellable 150,980 -14 301,867,069 -11
Total 466,607 -9% $500,635,605 -9%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 18 personal disability insurance companies. Excludes commercial disability income.

Source: LIMRA International.

 
INDIVIDUAL DISABILITY INSURANCE, NEW ISSUES SALES, 2010 (1)
  Number of policies Percent change, 2009-2010 Annualized premium Percent change, 2009-2010
Noncancellable 132,442  -7%  $260,268,152  -7% 
Guaranteed renewable 343,423  8
210,605,327  1
Total 475,865  3%  $470,873,479 3%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 21 personal disability insurance companies. Excludes commercial disability income.

Source: LIMRA International.

 
INDIVIDUAL DISABILITY INSURANCE, NEW ISSUES SALES, 2011 (1)
  Number of policies Percent change, 2010-2011 Annualized premiums Percent change, 2010-2011
Noncancellable 149,162 6% $300,893,159 8%
Guaranteed renewable 347,940 1 217,594,793 3
Total 497,102  3%  $518,487,952 6%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 21 disability insurance companies. Excludes commercial disability income.

Source: LIMRA International.

 
INDIVIDUAL DISABILITY INSURANCE, NEW ISSUES SALE, 2012 (1)
  Number
of
policies
Percent
change
2011-2012
Annualized
premiums
Percent
change
2011-2012
Noncancellable 152,827 2% $314,944,244 5%
Guaranteed
renewable
327,944 -6 211,957,298 -3
Total 480,771 -3% $526,901,544 2%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 21 disability insurance companies. Excludes commercial disability income.

Source: LIMRA International.

 
INDIVIDUAL DISABILITY INSURANCE, NEW ISSUES SALES, 2014 (1)
  Number of
policies
Percent change
2013-2014
Annualized
premiums
Percent change
2013-2014
Noncancellable 155,148 (2) $315,800,819 (3)
Guaranteed
renewable
298,702 7% 189,975,438 4%
Total 453,850 5% $505,776,257 1%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 18 personal disability insurance companies. Excludes commercial disability income.
(2) Less than one-half of one percent.
(3) Less than one-half of negative one percent.

Source: LIMRA.

 
Individual Disability Insurance, New Issues Sale, 2015 (1)
  Annualized
premiums
Percent change,
2014-2015
Number of
policies
Percent change,
2014-2015
Guaranteed renewable $227,683,997 1% 378,196 -3%
Noncancellable 335,343,117 6 167,579 8
Total $563,027,114 4% 545,775 (2)

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 19 personal disability insurance companies. Excludes commercial disability income.
(2) Less than one-half of 1 percent.

Source: LIMRA.

 
Individual Disability Insurance, New Issues Sale, 2016 (1)
  Annualized
premiums
Percent change,
2015-2016
Number of
policies
Percent change,
2015-2016
Guaranteed renewable $227,316,564 (2) 377,561 (3)
Noncancellable 336,912,380 (3) 166,701 1%
Total $564,228,944 (3) 544,262 (3)

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 19 personal disability insurance companies. Excludes commercial disability income.
(2) Greater than one-half of negative one percent.
(3) Less than one-half of one percent.

Source: LIMRA’s Quarterly and Annual Individual Disability Income Surveys.

 
Individual Disability Insurance, New Issues Sale, 2017 (1)

($000)

  Annualized
premiums
Percent change,
2016-2017
Number of
policies
Percent change,
2016-2017
Guaranteed renewable $266,690 17% 424,817 12%
Noncancellable 344,765 2 163,335 -2
Total $611,455 8% 588,152 8%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 21 personal disability insurance companies. Excludes commercial disability income.

Source: U.S. Individual Disability Income Insurance Sales, 2017 4th Quarter, LIMRA, 2018.

 
Individual Disability Insurance, New Issues Sales, 2018 (1)

($000)

  Annualized
premiums
Percent change,
2017-2018
Number of
policies
Percent change,
2017-2018
Guaranteed renewable $349,192 -6% 435,309 2%
Noncancellable 251,221 1 169,371 4
Total $600,413 -2% 604,680 3%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 19 personal disability insurance companies. Excludes commercial disability income.

Source: U.S. Individual Disability Income Insurance Sales, 2018 4th Quarter, LIMRA, 2019.

 
Individual Disability Insurance, New Issues Sales, 2019 (1)

($000)

  Annualized
premiums
Percent change,
2018-2019
Number of
policies
Percent change,
2018-2019
Guaranteed
renewable
$124,410 -5% 192,791 -10%
Noncancellable 354,421 1 161,935 -4
Total $478,831 (2) 354,726 -8%

(1) Short-term and long-term individual disability income insurance. Based on a LIMRA survey of 18 personal disability insurance companies. Excludes commercial disability income.
(2) Less than one-half of negative 1 percent.

Source: U.S. Individual Disability Income Insurance Sales, 2019 4th Quarter, LIMRA, 2020.