Global Term Life Insurance Market Size, Share, Growth, Forecast and Scope Term Life Insurance Global Market Report 2019 www.tbrc.info Email: info@tbrc.info © THE BUSINESS RESEARCH COMPANY. ALL RIGHTS RESERVED.
The term life insurance market is a segment of the financial services market. The report will answer questions such as where the largest and fastest growing market is, how the market relates to the overall economy, demography and other similar markets, and what forces will shape the market going forward. The term life insurance market consists of sales of term life insurance products and related services. This is a type of life insurance which provides only a death benefit (through lump-sum, monthly payment or annuity) to the beneficiary only if the person insured dies during a specified term period. If the person insured survives until the end of the term, the coverage ceases without any value (or payments made) and thereafter death claim cannot be made. Lack of awareness about term life insurance is one of the major restraint on the market. In developing countries such as India, number of people opting for term life insurance is low due to lack of awareness. According to a survey conducted by Ph.D. Research Bureau in 2016, around 49% of the population in India is not aware on insurance products due to lack of information, thus restraining the term life insurance market.
Term Life Insurance Global Market Report 2019
List of Tables
Table 1: Global Historic Market Growth, 2014-2018, $ Billion Table 2: Global Forecast Market Growth, 2014-2022F, 2025F, 2030F, $ Billion Table 3: Global Term Life Insurance Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion Table 4: Global Term Life Insurance Market, Segmentation By Application, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion Table 5: Global Term Life Insurance Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion Table 6: Global Term Life Insurance Market, Split By Country, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
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Companies Mentioned: Allianz, AXA, Generali, Ping An Insurance and China Life Insurance Segments: By Type By Geography
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