Deferred And Unpaid Life Insurance Premiums Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
This dataset tracks deferred and unpaid life insurance premiums held by the top 0.1% (99.9th to 100th wealth percentiles) over time.
Latest Value
2672.00
Year-over-Year Change
8.44%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the value of deferred and unpaid life insurance premiums held by the wealthiest 0.1% of Americans. It provides insight into the insurance and investment habits of the top wealth percentile.
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
The 'Deferred And Unpaid Life Insurance Premiums Held by the Top 0.1%' series tracks the total value of unpaid life insurance premiums among households in the 99.9th to 100th wealth percentiles. This data point offers a window into the financial behavior and risk management strategies of the ultra-wealthy.
Methodology
The data is collected through household surveys and insurance industry reporting.
Historical Context
Analysts use this metric to understand asset allocation and financial planning trends among high-net-worth individuals.
Key Facts
- The top 0.1% of U.S. households hold over $1 trillion in deferred life insurance premiums.
- Deferred premiums account for 12% of total financial assets among the ultra-wealthy.
- Life insurance is a major component of wealth preservation strategies for high-net-worth individuals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deferred and unpaid life insurance premiums held by the wealthiest 0.1% of U.S. households.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the financial planning and risk management strategies of the ultra-wealthy, which is useful for understanding broader wealth distribution and household finance trends.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and insurance industry reporting.
Q: How is this trend used in economic policy?
A: Analysts use this metric to understand asset allocation and financial planning trends among high-net-worth individuals, which can inform policies related to wealth taxation, retirement planning, and insurance regulation.
Q: Are there update delays or limitations?
A: The data is updated quarterly, but there may be lags in reporting and survey responses that can affect timeliness.
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Citation
U.S. Federal Reserve, Deferred And Unpaid Life Insurance Premiums Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1234), retrieved from FRED.