Deferred and Unpaid Life Insurance Premiums Held by the Bottom 50% (1st to 50th Wealth Percentiles)
This dataset tracks deferred and unpaid life insurance premiums held by the bottom 50% (1st to 50th wealth percentiles) over time.
Latest Value
3663.00
Year-over-Year Change
5.29%
Date Range
7/1/1989 - 1/1/2025
Summary
Tracks life insurance premium deferrals for bottom 50% wealth percentiles. Reveals financial stress and insurance market dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Measures unpaid life insurance premiums for lower-wealth households. Indicates financial challenges and insurance market accessibility.
Methodology
Collected through Federal Reserve Survey of Consumer Finances data collection.
Historical Context
Used to analyze insurance market penetration and household financial resilience.
Key Facts
- Reflects financial challenges for lower-wealth households
- Indicates insurance market accessibility issues
- Helps track economic vulnerability
FAQs
Q: What does this series measure?
A: Tracks deferred life insurance premiums for households in the bottom 50% of wealth distribution.
Q: Why are deferred premiums significant?
A: Indicates financial stress and challenges in maintaining insurance coverage for lower-income households.
Q: How often is this data collected?
A: Typically updated through periodic Federal Reserve surveys, usually every 3 years.
Q: What does this reveal about economic inequality?
A: Highlights financial barriers and insurance market accessibility for lower-wealth households.
Q: What are the data limitations?
A: Represents a specific moment and may not capture rapid economic changes.
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Citation
U.S. Federal Reserve, Deferred and Unpaid Life Insurance Premiums Held by the Bottom 50% (WFRBLB50106), retrieved from FRED.