Share of Deferred and Unpaid Life Insurance Premiums Held by the 50th to 90th Wealth Percentiles
This dataset tracks share of deferred and unpaid life insurance premiums held by the 50th to 90th wealth percentiles over time.
Latest Value
34.10
Year-over-Year Change
-1.45%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of deferred and unpaid life insurance premiums held by middle-class American households. It provides insights into the financial resilience and insurance coverage of the broader population.
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 50th to 90th Wealth Percentiles is an indicator of how much life insurance coverage is maintained by middle-income Americans. It offers economic policymakers and insurers visibility into the insurance participation and financial vulnerability of this important demographic.
Methodology
The data is collected through household surveys by the Federal Reserve.
Historical Context
This trend is used to assess the financial health and insurance security of the middle class, which is crucial for economic stability and growth.
Key Facts
- Middle-class households hold a significant share of deferred life insurance premiums.
- The trend has remained relatively stable over the past decade.
- Unpaid premiums can indicate financial strain for middle-income Americans.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of deferred and unpaid life insurance premiums held by middle-class American households in the 50th to 90th wealth percentiles.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the financial resilience and insurance coverage of the middle class, which is crucial for economic stability and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and insurers to assess the financial health and insurance security of the middle class, which is important for promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Federal Reserve, and there may be some delays in reporting.
Related News
U.S. Stock Markets Hit Record Highs Amid Nvidia, OpenAI Partnership
Nvidia's OpenAI Partnership Excites U.S. Markets The unprecedented performance of the U.S. stock markets can be largely attributed to Nvidia's exciting partnership with OpenAI. This collaboration is not only setting new records for Nvidia shares but is also invigorating other tech stocks, leading to historic highs in indices like the Dow Jones, S&P 500, and Nasdaq. Record-high stocks signify significant investment opportunities, underscored by revolutionary artificial intelligence innovations.
Federal Reserve's Interest Rate Policy and Economic Dissent
Interest Rate Debate: The Federal Reserve’s Dissent and Policy Implications The effective federal funds rate affects various aspects of daily life, including mortgage payments and savings returns. This rate forms the crux of economic policy overseen by the Federal Reserve, the entity responsible for adjusting interest rates to steer the U.S. economy. Currently, a range of opinions exists regarding these adjustments, as debates within the Federal Reserve persist about balancing inflation managem
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
Similar WFRBSN Trends
Share of Consumer Credit Held by the 50th to 90th Wealth Percentiles
WFRBSN40184
Share of Consumer Credit Held by the 90th to 99th Wealth Percentiles
WFRBSN09157
Share of Consumer Durables Held by the 50th to 90th Wealth Percentiles
WFRBSN40165
Share of Consumer Durables Held by the 90th to 99th Wealth Percentiles
WFRBSN09138
Share of Corporate and Foreign Bonds Held by the 50th to 90th Wealth Percentiles
WFRBSN40172
Share of Corporate and Foreign Bonds Held by the 90th to 99th Wealth Percentiles
WFRBSN09145
Citation
U.S. Federal Reserve, Share of Deferred and Unpaid Life Insurance Premiums Held by the 50th to 90th Wealth Percentiles (WFRBSN40187), retrieved from FRED.