Share of Deferred And Unpaid Life Insurance Premiums Held by the Top 0.1% (99.9th to 100th Wealth Percentiles)
This dataset tracks share of deferred and unpaid life insurance premiums held by the top 0.1% (99.9th to 100th wealth percentiles) over time.
Latest Value
6.30
Year-over-Year Change
3.28%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the share of deferred and unpaid life insurance premiums held by the wealthiest 0.1% of individuals in the United States. It provides insights into wealth concentration and inequality among high-net-worth households.
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 Top 0.1% (99.9th to 100th Wealth Percentiles) is a key indicator used by economists and policymakers to analyze wealth distribution and financial behaviors of the ultra-high-net-worth population. It helps identify patterns in asset ownership and inform discussions around tax policy and inequality.
Methodology
The data is calculated based on survey responses and administrative records from the Federal Reserve's Survey of Consumer Finances.
Historical Context
This trend is relevant for assessing the concentration of wealth and financial assets among the wealthiest Americans, which has implications for economic and tax policy discussions.
Key Facts
- The top 0.1% of wealth holders account for a significant share of deferred and unpaid life insurance premiums.
- Wealth concentration at the top has increased in recent decades.
- Life insurance is a common financial instrument used by 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 the wealthiest 0.1% of individuals in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into wealth concentration and financial behaviors of the ultra-high-net-worth population, which is important for discussions around tax policy and inequality.
Q: How is this data collected or calculated?
A: The data is calculated based on survey responses and administrative records from the Federal Reserve's Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing the concentration of wealth and financial assets among the wealthiest Americans, which has implications for economic and tax policy discussions.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the Federal Reserve's Survey of Consumer Finances.
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Citation
U.S. Federal Reserve, Share of Deferred And Unpaid Life Insurance Premiums Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1288), retrieved from FRED.