2013-2021 Group Life Experience Study
Table of Contents
Summary
Public Materials
Standard Data Package
Secure the Standard Data Package
Benefits of Study Participation
Access the Standard Data Package
Acknowledgments
Summary
LIMRA and the Society of Actuaries (SOA) Research Institute have completed the most up-to-date study of group life experience. Sixteen companies contributed data to this Study, which encompasses over 100 million exposures by headcount, over 186,000 life insurance claims, and over 39,000 incidences of waiver of premium in the 2013 to 2021 observation years. The results include breakdowns for Basic Life, Supplemental Life, and Portability coverages and analysis for Life Insurance, Waiver of Premium, and Accidental Death & Dismemberment claims.
Public Materials
A report with high level insights is available in the link below.
Group Life Experience Report (Coming in January 2025)
Standard Data Package
The Standard Data Package is available for purchase and consists of:
- executive summary
- in-depth analysis report
- interactive data visualization dashboards
- advanced filtering by age, sex, and additional dimensions
- ability to download detailed data from the study
Secure the Standard Data Package
Ready to place your order for the detailed study results now?
The order form will ask for the name of a contact from your organization. After the form is submitted, someone from SOA customer service will reach out to your contact to obtain the information we need to give employees at your company access to the standard data package.
Benefits of Study Participation
If your company participated in the study by supplying data receive several benefits in the Standard Data Package versus other entities who did not participate.
|
Package Options |
for participants |
for non-participants |
|---|---|---|
|
Report with detailed results |
✓ |
✓ |
|
Tableau dashboards of industry results including data table |
✓ |
✓ |
|
New metrics/analyses |
✓ |
✓ |
|
Tableau comparison of own results to industry |
✓ |
|
|
Peer group analysis |
✓ |
|
|
Discussion with researcher |
✓ |
|
|
Pricing discount |
✓ |
Access the Standard Data Package
If you have purchased the Standard Data Package, you can access it using the link below:
Acknowledgments
LIMRA and the SOA Research Institute would like to thank the following companies for participating in the study by supplying data.
- AFLAC
- Dearborn Life
- Equitable Financial
- Guardian Life
- Lincoln Financial
- MetLife
- Mutual of Omaha
- Principal Financial
- Prudential
- Securian Financial
- SunLife Financial
- Symetra Financial
- The Hartford
- The Standard
- Unum
- Voya
LIMRA and the SOA Research Institute would also like to thank the SOA Group Life Experience Committee for their diligent work developing the data request, overseeing the analysis and reviewing of the report and dashboards for accuracy and relevance.
- Stephen Rulis, FSA, MAAA (Chair)
- Patrick Hurley, FSA, MAAA (Vice-Chair)
- Brian Anderson, FSA
- Viresh Bawa FSA, MAAA, CERA
- John Bettano, FSA, MAAA
- Jena Breece, FSA, MAAA
- Arber Dhamo, FSA, MAAA
- Christopher Iannuzzi, FSA, MAAA
- Andrew Jenkins, FSA, MAAA, CERA
- Richard Kichnet, ASA
- Michael Krohn, FSA, MAAA
- Anthony LaSala, FSA, MAAA
- Robert Lumia, FSA, MAAA
- Monique Nilsen, FSA, MAAA, CERA
- Curtis Saunders, FSA, MAAA
- Matthew Sawyer, FSA, MAAA
- Rebecca Tardiff, FSA, MAAA
- Patrick Wallner, FSA, MAAA
Questions?
Contact us with questions, StudyPro@soa.org.