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Critical Illness Insurance Market – Industry Analysis by Type, Technology, End-Use, Application and Top Key Players by 2023

08-20-2018 05:20 AM CET | IT, New Media & Software

Press release from: Garner Insights

Critical Illness Insurance Market

Critical Illness Insurance Market

Critical Illness Insurance Market

Summary

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.

Request sample report of Critical Illness Insurance Market, click here: bit.ly/2MlEnLI

Over the next five years, The Critical Illness Insurance will register a 16.4% CAGR in terms of revenue, reach US$ 63700 million by 2023, from US$ 25600 million in 2017.

Major Players in Critical Illness Insurance market are: 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.

Major Regions play vital role in Critical Illness Insurance market are: Americas, APAC,Europe, Middle East & Africa.

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.

Check Discount for this Report @ bit.ly/2wblj7Z

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

Scope of the Report:

Global Critical Illness Insurance Market: Type Outlook: Disease Insurance, Medical Insurance.

Global Critical Illness Insurance Market: Application Outlook: Cancer, Heart Attack, Stroke.

For studying the report in a detailed yet brief manner have a look at the parts used in the Critical Illness Insurance Market report:

PART 01: Critical Illness Insurance Executive Summary

PART 02: Scope of The Report

PART 03: Research Methodology

PART 04: Market Landscape

PART 05: Market Sizing

PART 06: Five Forces Analysis

PART 07: Market Segmentation by Product

PART 08: Customer Landscape

PART 09: Regional Landscape and many more

Read Detailed Report @ bit.ly/2Bhnlci

In the end, The main goal of this research study is to provide a clear picture and a better understanding of the market for Global self driving car sales market report 2018 to the manufacturers, suppliers, and the distributors operational in it. The readers can gain a deep insight into this market from this piece of information that can enable them to formulate and develop critical strategies for the further expansion of their businesses.

Browse similar reports @ garnerinsights.com/categories/ICT-Media

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like Asia, United States, Europe.

Garner Insights is a Market Intelligence and consulting firm with a comprehensive experience and rich knowledge of the market research industry.
Our vast repository of research reports across various categories, gives you a complete view of the ever-evolving trends and current topics worldwide. Our constant focus is on improving the data and finding innovative methods, which will help your business drive profitable growth.

Kevin Thomas
Contact No: +1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: sales@garnerinsights.com

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