Install
Worksite and supplemental insurers
- Mutual life insurers 17
- Shareholder-owned life insurers 20
- P&C-affiliated life insurers 12
- Farm Bureau life insurers 7
- Fraternal benefit societies 6
- Final expense and senior market specialists 9
- Worksite and supplemental insurers 7
- Annuity and retirement specialists 12
- Closed-block and legacy administrators 8
- Health insurer life affiliates 2
| # | Insurer | Type | Market share (2024) | AM Best |
|---|---|---|---|---|
| 23 | MetLifeA leading U.S. group benefits insurer; it sells life coverage through employers and services older individual policies it no longer markets. | Worksite and supplemental insurers | 1.27% | A+ (Superior) |
| 39 | Voya FinancialRetirement and benefits company whose ReliaStar insurers sell group and payroll-deduction life; old individual policies are serviced by Resolution Life. | Worksite and supplemental insurers | 0.58% | A (Excellent) |
| 47 | UnumChattanooga workplace benefits insurer selling group and voluntary life, disability and supplemental coverage through employers, via Unum and Colonial Life. | Worksite and supplemental insurers | 0.45% | A (Excellent) |
| 68 | AflacThe supplemental insurer known for its duck; sells term, whole and final expense life mainly at the workplace, alongside cancer, accident and hospital plans. | Worksite and supplemental insurers | 0.18% | A+ (Superior) |
| 69 | Sun Life (U.S.)The U.S. arm of Canada's Sun Life, a major group benefits and dental carrier that stopped selling individual life in 2011 but still services older policies. | Worksite and supplemental insurers | 0.18% | A+ (Superior) |
| 75 | American FidelityA family-owned Oklahoma City insurer selling life, supplemental health and annuities at work, mainly to school, public sector and auto dealer employees. | Worksite and supplemental insurers | 0.17% | A+ (Superior) |
| 94 | Boston Mutual LifeCanton, Massachusetts mutual founded in 1891, selling whole life, group term and accident coverage at the workplace and through general agencies. | Worksite and supplemental insurers | 0.09% | A (Excellent) |
Ranked by 2024 U.S. individual life insurance direct premiums written (states and U.S. territories), from the NAIC 2024 Life/Fraternal Market Share Report. NAIC groups combine affiliated companies, so a group may sell under several brand names.