The value of group credit life insurance policies in force in Japan amounted to approximately 215.5 trillion Japanese yen in the fiscal year 2022. Group credit life insurance is a form of mortgage insurance purchased by a borrower that protects lenders, such as banks, against loan defaults. Group credit insurance accounted for more than 50 percent of all group life insurance policies in force during that year.
Value of group life insurance policies in force in Japan in fiscal year 2022, by type
(in trillion Japanese yen)
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Value of policies in trillion Japanese yen
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LIAJ. (November 30, 2023). Value of group life insurance policies in force in Japan in fiscal year 2022, by type (in trillion Japanese yen) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/750333/japan-breakdown-value-group-life-insurance-policies-in-force-by-type/
LIAJ. "Value of group life insurance policies in force in Japan in fiscal year 2022, by type (in trillion Japanese yen)." Chart. November 30, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/750333/japan-breakdown-value-group-life-insurance-policies-in-force-by-type/
LIAJ. (2023). Value of group life insurance policies in force in Japan in fiscal year 2022, by type (in trillion Japanese yen). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/750333/japan-breakdown-value-group-life-insurance-policies-in-force-by-type/
LIAJ. "Value of Group Life Insurance Policies in Force in Japan in Fiscal Year 2022, by Type (in Trillion Japanese Yen)." Statista, Statista Inc., 30 Nov 2023, https://www.statista.com/statistics/750333/japan-breakdown-value-group-life-insurance-policies-in-force-by-type/
LIAJ, Value of group life insurance policies in force in Japan in fiscal year 2022, by type (in trillion Japanese yen) Statista, https://www.statista.com/statistics/750333/japan-breakdown-value-group-life-insurance-policies-in-force-by-type/ (last visited August 25, 2024)
Value of group life insurance policies in force in Japan in fiscal year 2022, by type (in trillion Japanese yen) [Graph], LIAJ, November 30, 2023. [Online]. Available: https://www.statista.com/statistics/750333/japan-breakdown-value-group-life-insurance-policies-in-force-by-type/