Table 5. Life insurance benefits: Access, participation, and take-up rates

Table 5. Life insurance benefits: Access, participation, and take-up rates, March 2024 [All workers = 100 percent]
Characteristics	Civilian(1)			Private industry			State and local government
Characteristics	Access	Participation	Take-up rate(2)	Access	Participation	Take-up rate(2)	Access	Participation	Take-up rate(2)
All workers	62	61	98	58	57	98	83	81	97

Worker characteristics
Management, professional, and related occupations	80	79	99	78	78	100	85	82	97
Management, business, and financial occupations	84	83	99	83	83	100	-	-	-
Professional and related occupations	78	77	99	75	75	100	84	82	97
Teachers	72	70	97	-	-	-	84	81	97
Primary, secondary, and special education school teachers	79	78	98	-	-	-	89	87	98
Registered nurses	88	87	99	-	-	-	-	-	-
Service occupations	36	35	97	30	29	96	77	75	97
Protective service occupations	-	-	-	-	-	-	87	85	97
Sales and office occupations	57	56	98	55	54	98	83	81	97
Sales and related occupations	44	43	98	44	43	98	-	-	-
Office and administrative support occupations	66	65	99	63	63	99	84	81	97
Natural resources, construction, and maintenance occupations	59	59	99	56	56	99	92	91	99
Construction, extraction, farming, fishing, and forestry occupations	49	48	99	45	45	100	-	-	-
Installation, maintenance, and repair occupations	70	69	99	68	68	99	-	-	-
Production, transportation, and material moving occupations	66	63	96	65	63	96	82	81	99
Production occupations	72	71	98	72	71	98	-	-	-
Transportation and material moving occupations	62	59	95	61	58	95	-	-	-

Full time	75	74	98	72	71	99	93	90	97
Part time	16	15	93	16	15	93	23	22	95

Union	87	84	97	85	81	96	89	87	98
Nonunion	58	57	98	56	55	99	78	75	96

Average wage within the following categories:(3)
Lowest 25 percent	31	29	95	28	27	95	68	65	96
Lowest 10 percent	-	-	-	-	-	-	57	54	96
Second 25 percent	61	60	98	58	57	98	88	86	97
Third 25 percent	74	73	99	70	69	99	89	88	98
Highest 25 percent	87	86	99	86	85	99	89	87	97
Highest 10 percent	90	90	99	91	91	100	85	82	97

Establishment characteristics
Goods-producing industries	69	69	99	69	69	99	-	-	-
Service-providing industries	60	59	98	56	55	98	83	81	97
Education and health services	70	69	98	63	63	99	83	81	97
Educational services	78	76	98	62	62	99	82	80	97
Elementary and secondary schools	79	78	98	-	-	-	81	80	98
Junior colleges, colleges, universities, and professional schools	87	84	97	90	89	100	86	82	95
Health care and social assistance	65	64	99	63	63	99	88	83	94
Hospitals	91	90	99	91	91	100	89	84	94
Public administration	87	85	98	-	-	-	87	85	98

1 to 99 workers	44	43	98	42	41	98	76	74	97
1 to 49 workers	40	39	99	38	38	99	74	72	98
50 to 99 workers	55	53	97	52	50	97	79	76	97
100 workers or more	80	78	98	78	77	98	85	83	97
100 to 499 workers	74	72	98	72	71	98	82	80	97
500 workers or more	86	84	98	86	84	98	87	85	97

Geographic areas
Northeast	62	61	99	59	58	99	83	80	96
New England	63	61	97	60	59	99	85	74	88
Middle Atlantic	62	62	99	59	58	99	83	82	99
South	64	62	97	60	58	97	86	83	97
South Atlantic	64	62	96	61	59	97	86	83	96
East South Central	64	63	99	60	59	99	83	81	97
West South Central	63	61	98	58	57	98	86	84	98
Midwest	63	63	99	61	60	99	82	79	96
East North Central	65	64	98	63	62	99	82	78	95
West North Central	60	60	99	57	57	100	82	81	99
West	57	56	99	53	52	98	81	80	100
Mountain	55	55	99	51	51	99	84	84	100
Pacific	58	57	98	54	53	98	79	79	99
Footnotes (1) Includes workers in private industry and state and local government. See the Handbook of Methods: National Compensation Measures at www.bls.gov/opub/hom/ncs/home.htm for further explanation. (2) The take-up rate is calculated from the unrounded percentage of workers with access to a plan and who participate in the plan. (3) Surveyed occupations are classified into wage categories based on the average wage for the occupation, which may include workers with earnings both above and below the threshold. The categories were formed using percentile estimates generated using data from the National Compensation Survey publication, Employer Costs for Employee Compensation.
NOTE: Dash indicates no workers in this category or data did not meet publication criteria. For definitions of major plans, key provisions, and related terms, see the "Glossary of Employee Benefit Terms" at www.bls.gov/ebs/publications/national-compensation-survey-glossary-of-employee-benefit-terms.htm. SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey.

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Last Modified Date: September 19, 2024