Term Life Assurance Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The term life assurance market industry is expected to increase at a CAGR of 5.3% between 2022 and 2028. India’s insurance penetration was pegged at 4.2%. A long-term assurance plan will help families to meet their day-to-day expenses and achieve long-term financial goals too. Yes, it is worth buying a long term insurance policy no matter what year it is. When compared to other types of life insurance products,long-term insurance policies are much more beneficial.

 

Key Players

 

  • Allianz
  • AXA
  • Generali
  • Ping An Insurance
  • China Life Insurance
  • Prudential PLC
  • Munich Re
  • Zurich Insurance
  • Nippon Life Insurance

 

By Type

 

  • Renewable Term Life Insurance
  • Return Premium Term life insurance

 

By Application

 

  • Agency
  • Brokers
  • Bancassurance
  • Digital and Direct Channels

 

Scope of the Report

The research study analyzes the global Term Life Assurance Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Term Life Assurance Market Report

  1. What was the Term Life Assurance Market size in 2020 and 2021 ; what are the estimated growth trends and market forecast (2022-2028).

 

  1. What will be the CAGR of the Term Life Assurance Market during the forecast period (2022-2028) ?

 

  1. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

 

  1. Which manufacturer/vendor/players in the Term Life Assurance Market was the market leader in 2021?

 

  1. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report will be delivered within 48-72 hours after payment confirmation