The statistic shows the expenditures of affluent households, or the so-called highest quintile, in the United States on life and other personal insurance from 2013 to 2016. In 2016, affluent American households spent some 785 U.S. dollars on life and other personal insurance.
Expenditure of affluent households in the United States on life insurance and other personal insurance from 2013 to 2016
*Comprises only the "highest 20 percent" of consumers in the United States, based on their income before taxes. Lower income limit, according to the source: 2013: 95,336 U.S. dollars; 2014: 99,620 U.S. dollars; 2015: 103,057 U.S. dollars; 2016: 108,040 U.S. dollars.
Number of consumer units (in thousands):
2013: 25,101
2014: 25,410
2015: 25,773
2016: 25,842.
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Bureau of Labor Statistics. (June 19, 2018). Expenditure of affluent households in the United States on life insurance and other personal insurance from 2013 to 2016 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/643596/expenditure-of-affluent-us-households-on-personal-life-insurance/
Bureau of Labor Statistics. "Expenditure of affluent households in the United States on life insurance and other personal insurance from 2013 to 2016." Chart. June 19, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/643596/expenditure-of-affluent-us-households-on-personal-life-insurance/
Bureau of Labor Statistics. (2018). Expenditure of affluent households in the United States on life insurance and other personal insurance from 2013 to 2016. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/643596/expenditure-of-affluent-us-households-on-personal-life-insurance/
Bureau of Labor Statistics. "Expenditure of Affluent Households in The United States on Life Insurance and Other Personal Insurance from 2013 to 2016." Statista, Statista Inc., 19 Jun 2018, https://www.statista.com/statistics/643596/expenditure-of-affluent-us-households-on-personal-life-insurance/
Bureau of Labor Statistics, Expenditure of affluent households in the United States on life insurance and other personal insurance from 2013 to 2016 Statista, https://www.statista.com/statistics/643596/expenditure-of-affluent-us-households-on-personal-life-insurance/ (last visited November 21, 2024)
Expenditure of affluent households in the United States on life insurance and other personal insurance from 2013 to 2016 [Graph], Bureau of Labor Statistics, June 19, 2018. [Online]. Available: https://www.statista.com/statistics/643596/expenditure-of-affluent-us-households-on-personal-life-insurance/