United States. Temporary National Economic Committ.

Investigation of concentration of economic power; monograph no. 1[-43] (Volume no. 2) online

. (page 13 of 19)
Online LibraryUnited States. Temporary National Economic CommittInvestigation of concentration of economic power; monograph no. 1[-43] (Volume no. 2) → online text (page 13 of 19)
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Table. 10. — Classes of insurance owned, classified according to economic status of

families

[This table shows for insured families of the indicated income groups, the relative importance of industrial
ordinary, group, and fraternal insurance]



Families with average annual income


Amount of insurance in force


Total


per family member of —


Industrial


Ordinary


Group


Fraternal


amount of
insurance


$600 and over


$301, 728
885, 342
833, 088


$449, 892
697, 599
256, 533


$121, 384
214, 930
118,283


$57, 033
101, 750
31,823


$930, 037
1, 899, 621
1, 239, 727


$300 to $599


Under $300 .. .




Total


2, 020, 158


1, 404, 024


454, 597


190,606


4, 069, 385




Families with average annual income
per family member of—


Percent of total amount of insurance in each
income group


Total


Industrial


Ordinary


Group


Fraternal




$fion nnrj over


32.44
46.61
67.20


48.37
36.72
20.69


13.05

11.31
9.54


6.14
5.36
2.57


100 00


$300 to $599......


100. 00


Under $300..


100 00






Total . .


49.64


34.50


11.17


4.69


100 00







Families wiru average annual income


Number of families > with —


Total num-
ber of
families


per family member of —


Industrial


Ordinary


Group


Fraternal


$600 and over.


228
653
582


179
363
162


85

154
84


47
111
47


306


$300 to $599


732


Under $300 '.


628






Total


1,463


704


323


205


1,666





1 The number of families represents those carrying some of the class of insurance indicated, whether alone
or in combination with other classes of insurance. Thus the same family may appear in more than 1 class.



CONCENTRATION OP ECONOMIC POWER



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Online LibraryUnited States. Temporary National Economic CommittInvestigation of concentration of economic power; monograph no. 1[-43] (Volume no. 2) → online text (page 13 of 19)