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Critical Illness Insurance market is expected to reach 79400 million US$ by the end of 2025, with a CAGR of 15.2% during 2018-2025

10-10-2018 10:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QYresearchreports

Critical Illness Insurance market is expected to reach 79400

Qyresearchreports include new market research report "Global Critical Illness Insurance Market Size,Status and Forecast 2025" to its huge collection of research reports.

This report studies the global Critical Illness Insurance market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Critical Illness Insurance market by companies, region, type and end-use industry.

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.

Get Report Sample and Customization: https://www.qyresearchreports.com/sample/sample.php?rep_id=1849977&type=S

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.

In 2017, the global Critical Illness Insurance market size was 25600 million US$ and it is expected to reach 79400 million US$ by the end of 2025, with a CAGR of 15.2% during 2018-2025.

This report focuses on the global top players, covered
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

To Browse a Full Report with TOC: https://www.qyresearchreports.com/report/global-critical-illness-insurance-market-sizestatus-and-forecast-2025.htm

Market segment by Type, the product can be split into
Disease Insurance
Medical Insurance
Income Protection Insurance

Market segment by Application, split into
Cancer
Heart Attack
Stroke

The study objectives of this report are:
To study and forecast the market size of Critical Illness Insurance in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.

About Us
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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