Chesterfield among Virginia Leaders for Life Insurance Payouts

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life-ins-payoutWho collects the most life insurance money in Virginia? Chesterfield ranks number four in the ranking for the most money doled out in the Commonwealth.

But the county ranks almost a whole point below Henrico and over four points behind Fairfax. It is all relative to population.

Fairfax life insurance payout reflects the percent of population almost directly: Fairfax population; 1.1 million, $687,899,013 payout; Virginia Beach City, 450,000 pop., $409,750,435 payout; Henrico, 315,200 pop., $360,562,972 payout; Chesterfield 323,862 pop., $284,968,079 payout and Richmond City, 210,857 pop., $270,023,215 payout.

The rest of the top 10 death benefit payouts in Virginia are: Norfolk City, Prince William, Chesapeake City, Newport News City and Roanoke City.

Chesterfield also ranks number four in inheritance, where the same population vs. amount applies. Residents in Chesterfield inherit a total of $113,573,316 per year.

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