Critical Illness Insurance Market 2019 | Introduction, Application and Specification
The latest report on the Critical Illness Insurance market suggests a positive growth rate in the coming years.Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.
The policy may also be structured to pay out regular income and the payout may also be on the policyholder undergoing a surgical procedure, for example, having a heart bypass operation.
Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.
xpected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
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Manufacturer, Distributor, Downstream Client Companies Data Analysis:
China Life Insurance, Ping An Insurance, China Pacific Insurance, Aviva, Legal & General, New China Life Insurance, AXA, Prudential plc, Aegon, Allianz, AIG, UnitedHealthcare, Zurich, MetLife, Dai-ichi Life Group, Sun Life Financial, Huaxia life Insurance, Aflac, Liberty Mutual, HCF
Scope of the Report:
In the last several years, global market of critical illness insurance developed rapidly, with CAGR of 16.48%. In 2017, global market size of critical illness insurance is nearly 27338.56 M USD; Asia region, especially China is estimated to account for the largest share, in terms of Population and economy, of the global critical illness insurance market in 2017. The region comprises some of the fastest developing economies in the world, including China, India, Japan and Korea. This has led to an increase in Insurance investment over the years.
There are three kinds of Critical illness insurance paid out (cancer, Cancer, Heart Attack and Stroke), Cancer remains the most common cause of critical illness claims at 67.94%, followed by heart attack (13.34%), stroke (8.46%) and Other (10.26%) in 2017.
Global Critical Illness Insurance Market: Segmentation
Market segment by Type, the product can be split into
Income Protection Insurance
Market segment by Application, split into
Regions Covered in the Global Critical Illness Insurance Market:
- The Middle East and Africa (GCC Countries and Egypt)
- North America (the United States, Mexico, and Canada)
- South America (Brazil etc.)
- Europe (France, Germany, Turkey, Russia UK, Italy, etc.)
- Asia-Pacific (Japan, Vietnam, China, Malaysia, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Table of Content:
1.1 Study Objectives
1.3 Study Scope
1.3.1 Years Considered
1.3.2 Markets Covered
1.3.3 Geographic Scope
1.7 Package Size
2 Research Methodology
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.2 Secondary Data
2.1.3 Primary Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Geographic Analysis
4 Competitive Landscape
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The following sections are specifically covered in the report:
- Definitive Market Data
- Critical Illness Insurance Market Analysis
- Competitive Analysis
- Recent Opportunities in the Market
- 6-7-Year Performance Forecast: Major Segments Covering Applications, Types, and Regions
- Market Share Analysis
- Technology Assessment
- Potential Venture Avenues
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on different types of the Critical Illness Insurance market offered by the top players operating in the market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new product launches in the market.
- Market Development: Comprehensive information about emerging markets as the report analyzes the markets for the across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Critical Illness Insurance market.
- Competitive Assessment: In-depth assessment of the market shares, strategies, products, and manufacturing capabilities of the leading players operating in the market.
Read Full Report of a Critical Illness Insurance with TOC, figures, and data tables @
Why Buy This Report?
- Historical inferences, findings & analysis of the market from 2015 to 2025
- Projections and performance forecast analysis for the future from 2019 to 2025
- Production and consumption point of view (POV) analysis
- Market drivers, restraint and opportunity analysis, to define market dynamics covering industry, regulatory, innovation, technological & pricing trends
- Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
- To know the Future Developments in Critical Illness Insurance Market
Further, the Critical Illness Insurance industry research report determines the Marketing Analysis, Regional Market Analysis, International Trade Analysis. The market Traders or Distributors with Contact Information by Region and Supply Chain Analysis. That is followed by various business strategies, the report contains essential outcome help could boost the interest level of the individuals in the market