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Kentucky Insurance (KY)

In 2001, Kentuckians held some 2.6 million life insurance policies, with a total value of $109.7 billion; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $185.9 billion. Death benefits paid that year totaled $570.1 million. As of 2003, there were 10 property and casualty and 11 life and health insurance companies incorporated or organized in the state. In 2001, there were 19,762 flood insurance policies in force in the state, with a total value of $1.7 million.