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(MoneyNewsWire.Net, September 27, 2018 ) Life Insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits.
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Market Segment by Companies, this report covers Banco Bradesco, BNP Paribas Cardif, China Life Insurance Company, ACE Insurance, Achmea, AEGON, AIA Group, AlfaStrakhovanie, Allianz, Anadolu Hayat Emeklilik, Assicurazioni Generali, Assurant, Aviva, AXA, Banamex, Banco Bilbao Vizcaya Argentaria, China Pacific Insurance, CNP Assurances, Credit Agricole, DZ Bank, Garanti Emeklilik ve Hayat, Great Eastern Holdings, Grupo Nacional Provincial, Hanwha Life Insurance Company, HDFC Standard Life Insurance Company and ICICI Prudential Life Insurance Company.
Scope of the Report:
· This report studies the Life Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Life Insurance market by product type and applications/end industries.
· Term assurance provides Life Insurance coverage for a specified term. The policy does not accumulate cash value. Term insurance is significantly less expensive than an equivalent permanent policy but will become higher with age. Policy holders can save to provide for increased term premiums or decrease insurance needs (by paying off debts or saving to provide for survivor needs). Permanent Life Insurance is Life Insurance that covers the remaining lifetime of the insured. A permanent insurance policy accumulates a cash value up to its date of maturation. The owner can access the money in the cash value by withdrawing money, borrowing the cash value, or surrendering the policy and receiving the surrender value.
· The global Life Insurance market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
· The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
· North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of LLife Insurance.
· Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Regions, regional analysis covers
· North America (United States, Canada and Mexico)
· Europe (Germany, France, UK, Russia and Italy)
· Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
· South America (Brazil, Argentina, Colombia)
· Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
· Term Insurance
· Permanent Insurance
Market Segment by Applications, can be divided into
· Children
· Adults
· Senior Citizens
Table of Content
1 Life Insurance Market Overview
2 Manufacturers Profiles
3 Global Life Insurance Market Competition, by Players
4 Global Life Insurance Market Size by Regions
5 North America Life Insurance Revenue by Countries
6 Europe Life Insurance Revenue by Countries
7 Asia-Pacific Life Insurance Revenue by Countries
8 South America Life Insurance Revenue by Countries
9 Middle East and Africa Revenue Life Insurance by Countries
10 Global Life Insurance Market Segment by Type
11 Global Life Insurance Market Segment by Application
12 Global Life Insurance Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
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