08-31-2018 11:28 AM CET - Business, Economy, Finances, Banking & Insurance
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Global Juvenile Life Insurance market size is expected to reach 117700 million US$ by the end of 2025

Press release from: QYresearchreports

Qyresearchreports include new market research report "Global Juvenile Life Insurance Market Size, Status and Forecast 2018-2025" to its huge collection of research reports.

This report focuses on the global Juvenile Life Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Juvenile Life Insurance development in United States, Europe and China.

Juvenile Life Insurance is permanent Life Insurance that insures the life of a child (generally under age 18). It is a financial planning tool that provides a tax advantaged savings vehicle with potential for a lifetime of benefits. Juvenile Life Insurance, or child Life Insurance, is usually purchased to protect a family against the sudden and unexpected costs of a funeral and burial with much lower face values. Should the juvenile survive to their college years it can then take on the form of a financial planning tool.

Gross premiums increased in most countries in the Juvenile Life Insurance in 2017. This growth may be a sign or a consequence of more favorable economic conditions, leading individuals to purchase Juvenile Life Insurance products. In most countries, the relatively low penetration of Juvenile Life Insurance (especially in South America and some Asian countries) shows that the Juvenile Life Insurance sector still has significant room to expand. In some countries, gross premiums declined where the continued low interest rates may have deterred individuals from purchasing Life Insurance products with lower guarantees. The Europe and North America has relative growth rate due to the lower birth rate and some developed also have the similar phenomenon, China has higher growth rate due the higher birth rate and Chinas Second Child Policy and Chinas high growth rate in economic.

In 2017, the global Juvenile Life Insurance market size was 36100 million US$ and it is expected to reach 117700 million US$ by the end of 2025, with a CAGR of 15.9% during 2018-2025.

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The key players covered in this study
Allianz
Assicurazioni Generali
China Life Insurance
MetLife
PingAn
AXA
Sumitomo Life Insurance
Aegon
Dai-ichi Mutual Life Insurance
CPIC
Aviva
Munich Re Group
Zurich Financial Services
Nippon Life Insurance
Gerber Life Insurance
AIG

Market segment by Application, split into
School
Home Use

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

To Browse a Complete Report with TOC Visit @ www.qyresearchreports.com/report/global-juvenile-life-ins...

The study objectives of this report are:
To analyze global Juvenile Life Insurance status, future forecast, growth opportunity, key market and key players.
To present the Juvenile Life Insurance development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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QYResearchReports.com delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYResearchReports.com feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.

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This release was published on openPR.
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