Press release
Variable Life Insurance Market Challenges and Opportunities To 2020-2022
Variable Life Insurance Market
The global variable life insurance market was valued at about $86.43 billion in 2018 and is expected to grow to $107.25 billion at a CAGR of 5.5% through 2022.
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The variable life insurance market consists of sales of variable life insurance products. Variable life insurance is a permanent life insurance policy provided with an investment part.
Individuals in developing countries such as India do not opt for variable life insurance due to lack of awareness, restraining the growth of the market. According to a survey conducted by Ph.D. Research Bureau in 2016, around 49% of the population in India are not aware and has low understanding with insurance products in India due to lack of information about insurance products. Thus restraining the variable life insurance market. Poor advice, wrong information and lack of understanding of the products has a negative influence on the market.
Variable Life Insurance Market Segmentation: -
By Type
Fixed Premium
Variable Universal Life Insurance
By End User
Agency
Brokers
Bancassurance
Digital & Direct Channels
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Few Points From Table Of Content
1. Executive Summary
2. Variable Life Insurance Market Characteristics
3. Variable Life Insurance Market Size And Growth
4. Variable Life Insurance Market Segmentation
5. Variable Life Insurance Market Regional And Country Analysis
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.
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25. Variable Life Insurance Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Variable Life Insurance Market
27. Variable Life Insurance Market Trends And Strategies
28. Variable Life Insurance Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Variable Life 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 Variable Life Insurance Market are Allianz, AXA, Generali, Ping An Insurance and China Life 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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