Press release
Global Critical Illness Insurance Market 2019: Key Players – UnitedHealthcare, Wellpoint Inc., DKV, BUPA, Kaiser Permanente, Aetna Inc., PICC, PINGAN, Kunlun, Aflac
Global Critical Illness Insurance Market
Global Critical Illness Insurance Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Critical Illness Insurance Market is continuously growing across the world over the coming years. The major driving factor of global Critical Illness Insurance market are increasing benefit get from critical illness insurance and rising geriatric population across the globe.
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Industry Insights:
Critical Illness Insurance is type insurance in which the insurer is contracted to typically make a lumpsum cash payment if the policyholder is diagnosed with one of the specific illness on a predetermined list as part of an insurance policy. Critical illness insurance is also known as critical insurance cover. Critical illness insurance offers various benefits such as high life cover at affordable rates, accidental death benefit, guaranteed benefit payout up to 1 crore in case of 34 life critical illness, protection against disability, tax benefit, 100% benefit payout and many more.
Major Players:
• UnitedHealthcare
• Wellpoint Inc.
• DKV
• BUPA
• Kaiser Permanente
• Aetna Inc.
• PICC
• PINGAN
• Kunlun
• Aflac
• Metlife
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Market Segmentation:
The regional analysis of Global Critical Illness Insurance Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share in 2017 due to higher population growth in economy. 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 in insurance investment over the coming years. Europe and North America is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
By Type:
• Disease Insurance
• Medical Insurance
• Income Protection Insurance
By Application:
• Cancer
• Heart Attack
• Stroke
By Regions:
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
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