in-force business
In-force business refers to the total dollar amount of paid-up and current insurance policies that a life or health insurer carries on its books.
in-force business
In-force business refers to the total dollar amount of paid-up and current insurance policies that a life or health insurer carries on its books.
Additional Information
A life insurance company's in-force business is the aggregate of all policy face values in its portfolio. A health insurance company's in-force business is its total premium volume. The size of life and health insurance companies is generally measured by their in-force business.
