Latest Research Term Life Insurance Market: Industry Growth, Global Status, Overview, Segments And Key Demands

The global term life insurance market reached a value of nearly $778.8 billion in 2019, having grown at a compound annual growth rate (CAGR) of 6.87% since 2015, and is expected to grow at a CAGR of 9.67% to nearly $1,126.6 billion by 2023. Also, the market is expected to grow to $1,353.0 billion in 2025 at a CAGR of 9.59% and to $2,217.9 billion in 2030 at a CAGR of 10.39%.

The Business Research Company offers "Term Life Insurance Market Opportunities And Strategies – Global Forecast To 2030" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

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The term life insurance market consists of sales of term life insurance products and related services by entities (organizations, sole traders and partnerships). These entities are engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, dismemberment insurance and accidental death policies.

Some of the key players involved in the term life insurance market are MetLife, Aegon Life Insurance Company, Prudential Financial, Northwestern Mutual, State Farm

The countries covered in the global term life insurance market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global term life insurance market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Term Life Insurance Market Segmentation:
1) By Type Of Insurance: Individual Level Term Life Insurance, Group Level Term Life Insurance, Decreasing Term Life Insurance
2) By Distribution Channel: Tied Agents And Branches, Brokers, Bancassurance

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A Few Points From The Table Of Content
1. Term Life Insurance Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
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19. Key Mergers And Acquisitions In The Term Life Insurance Market
20. Term Life Insurance Market Trends And Strategies
21. Term Life Insurance Market Future Outlook and Potential Analysis
22. Term Life Insurance Market, Conclusions And Recommendations
23. Appendix

The report covers the trends and market dynamics of the term 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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