Critical Illness Insurance Market is Gaining Momentum with key players Aviva, Legal & General, HSBC, Royal London

A new independent 24 page research with title 'How Customers Purchase Critical Illness Insurance 2019' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like North America, Europe, Asia-Pacific etc and important players/vendors such as Aviva,Legal & General,HSBC,Royal London. With n-number of tables and figures examining the Critical Illness Insurance, the research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2022

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Summary
How Customers Purchase Critical Illness Insurance 2019
The attitudes, preferences, and behaviors of customers purchasing critical illness insurance in the past 12 months differed depending on factors including whether they purchased independently or with advice, what triggered them to purchase a policy, their top financial concerns, and product features sought. Providers must seek to understand customers in order to encourage them to purchase cover. A range of factors must be acknowledged within policy design, purchasing channels, and marketing strategies.

This report explores the attitudes, behaviors, and preferences of customers who purchased a critical illness insurance policy in the last 12 months. It explores distribution and the purchasing journey, policy purchase triggers, the financial concerns of customers, and brand selection. It also sizes the critical insurance market using Association of British Insurers data.

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Scope

- The majority of critical illness policies are sold as a rider with a life insurance policy.
- Over a quarter of customers seek advice from an insurance broker or independent financial advisor before purchasing a critical illness policy.
- The most common monthly price range is £20-29.

Reasons to Buy

- Understand consumer purchasing decisions and how these will influence the market over the next few years.
- Improve customer engagement by recognizing what is most important to them and how insurers can adapt their products and services to meet their needs.
- Discover which providers lead the way in the critical illness space.
- Adapt your distribution strategy to ensure it still meets customer purchasing behaviors.

Companies Mentioned in the Report
Aviva,Legal & General,HSBC,Royal London

Table of Contents
Sizing the Critical Illness
Insurance Market
The Purchasing Journey
Behaviors & Attitudes
Brand Selection

....Continued

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2584371-how-customers-purchase-critical-illness-insurance-2019

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

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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sales@htfmarketreport.com

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This release was published on openPR.