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Insurance and wealth building among lower-income households


Abstract: In the summer of 2007, the Federal Reserve Bank of Chicago convened four focus groups to explore the connections between insurance, the process of wealth building and preservation, and financial access for low- and moderate-income consumers. This article examines the findings from those focus groups.

Keywords: Wealth; Income; Insurance;

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Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2008

Issue: Jun

Order Number: 251