Share of Deferred And Unpaid Life Insurance Premiums Held by the 99th to 99.9th Wealth Percentiles
This dataset tracks share of deferred and unpaid life insurance premiums held by the 99th to 99.9th wealth percentiles over time.
Latest Value
19.00
Year-over-Year Change
0.00%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of deferred and unpaid life insurance premiums held by individuals in the 99th to 99.9th wealth percentiles in the United States. Understanding this distribution provides insights into wealth inequality and the concentration of financial assets among the top income earners.
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 'Share of Deferred And Unpaid Life Insurance Premiums Held by the 99th to 99.9th Wealth Percentiles' metric tracks the proportion of unpaid life insurance premiums accumulated by households in the top 1% to 0.1% of the wealth distribution. This data point is used by economists and policymakers to analyze wealth concentration and the financial behaviors of high-net-worth individuals.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on survey responses and tax filings.
Historical Context
This trend is relevant for understanding wealth inequality, the financial activities of the ultra-wealthy, and the potential policy implications regarding insurance, taxation, and social safety nets.
Key Facts
- The top 1% to 0.1% of wealth holders account for a significant share of unpaid life insurance premiums.
- Wealth concentration at the top has increased in recent decades.
- This trend provides insights into the financial behaviors of high-net-worth individuals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of deferred and unpaid life insurance premiums held by individuals in the 99th to 99.9th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into wealth inequality and the concentration of financial assets among the top income earners, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on survey responses and tax filings.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding wealth inequality, the financial activities of the ultra-wealthy, and the potential policy implications regarding insurance, taxation, and social safety nets.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and potential limitations in survey responses or tax filing information.
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Citation
U.S. Federal Reserve, Share of Deferred And Unpaid Life Insurance Premiums Held by the 99th to 99.9th Wealth Percentiles (WFRBS99T999261), retrieved from FRED.