Trend in the Number of Contracts for Long-term Mutual Insurance Policies

The long-term mutual insurance is an insurance policy that covers a period of five years and longer and that pays insurance money upon maturity. They include the following products:

Whole Life Insurance: The policy protects the insured for the whole span of life against death or serious disability.
Endowment Life Insurance: The policy protects the insured against serious disability and also pays benefit on maturity, thus helps in saving money for the future as well.
Medical Insurance: The policy protects the insured against expense of hospitalization and surgery due to disease and injury for the whole span of life.
Children's Insurance: The policy is the best tool to prepare funds for the children for their education, marriage, and become independent.
Plan-Rate-Change-Model Annuity Insurance: The policy pays annuities throughout the lifetime of the insured or the period covered to help provide financial security after retirement.
Building Endowment Insurance: This policy is a long-term fire insurance against damage by a wide variety of causes including earthquake, typhoon and other natural disasters, aside from fire. Payment is made upon maturity also.

Trend in the Amount of Long-term Mutual Insurance Policies in Force (Unit: 1 trillion Yen)

Breakdown of the Amount of Long-term Mutual Insurance Policies in FY 2003 (Unit: 1 trillion Yen)

Source: "Annual Report 2004," ZENKYOREN

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