Press release
Global Accidental Death Insurance Market Size, Share, Growth Survey 2020 to 2022 and Industry Analysis Report by TBRC
Accidental Death Insurance Market
The global accidental death insurance market was valued at about $60.8 billion in 2018 and is expected to grow to $68.59 billion at a CAGR of 3.1% through 2022.
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The accidental death insurance market consists of sales of accidental death insurance. The financial institutions pays a lump sum amount to the beneficiary in case of an accidental death, in addition to the standard benefit payable if the insured died of natural causes. This type of insurance is often an addition or a clause connected to a life insurance policy.
The accidental death insurance market is being driven by rising number of accidental deaths. Due to the rising number of deaths by accidents, there is an increase in awareness in the general public about benefits of having accidental death insurance and is driving them to opt for accidental death insurance policies, to safeguard their family`s income. According to Centers for Disease Control and Prevention (CDC), accidental deaths in the US reached a historical high in 2017, increasing by 5.3% from 2016. In 2017, more than 150,000 people were killed in traffic accidents in India. This high number of fatal accidents are driving the demand for accidental death insurance.
Accidental Death Insurance Market Segmentation: -
By Application-
Personal
Enterprise
By Product-
Personal Injury Claims
Road Traffic Accidents
Work Accidents
Other
By Distribution Channel-
Direct Marketing
Bancassurance
Agencies
E-commerce
Brokers
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Few Points From Table Of Content
1. Executive Summary
2. Accidental Death Insurance Market Characteristics
3. Accidental Death Insurance Market Size And Growth
4. Accidental Death Insurance Market Segmentation
5. Accidental Death Insurance Market Regional And Country Analysis
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.
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25. Accidental Death Insurance Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Accidental Death Insurance Market
27. Accidental Death Insurance Market Trends And Strategies
28. Accidental Death Insurance Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Accidental Death Insurance Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Accidental Death Insurance Market are Allianz, Assicurazioni Generali, China Life Insurance, MetLife and Ping An Insurance.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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