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Critical Illness Insurance Market Strategic Assessment, Growth Analysis and Research Outlook 2021-2030

11-29-2021 05:02 AM CET | Associations & Organizations

Press release from: The Business research company

Critical Illness Insurance Market

Critical Illness Insurance Market

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‘Critical Illness Insurance Global Market Report 2021 – COVID-19 Impact And Recovery’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the critical illness insurance industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The countries covered in the global critical illness insurance market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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

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The critical illness insurance market consists of sales of critical illness insurance by entities (organizations, sole traders, and partnerships) that are engaged in directly underwriting critical illness cover or a dread disease policy, which is an additional insurance coverage to cover those overruns where traditional health insurance may fall short. Only goods and services traded between entities or sold to end consumers are included.

The global critical illness insurance market is expected to grow from $119.41 billion in 2020 to $120.9 billion in 2021 at a compound annual growth rate (CAGR) of 1.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The critical illness insurance market is expected to reach $201.1 billion in 2025 at a CAGR of 13.6%.

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Global critical illness insurance market segmentation in TBRC’s report is:
1) By Type: Individual Insurance, Family Insurance
2) By Application: Cancer, Heart Attack, Stroke, Others
3) By Premium Mode: Monthly, Quarterly, Half Yearly, Yearly

Major players in the critical illness insurance market are China Life Insurance, Allianz, Ping An Insurance, Aviva, Legal & General, China Pacific Insurance, Prudential plc, New China Life Insurance, Aegon, and AXA.

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https://www.thebusinessresearchcompany.com/report/critical-illness-insurance-global-market-report

The Table of Contents includes:
1. Executive Summary
2. Critical Illness Insurance Market Characteristics
3. Critical Illness Insurance Market Trends And Strategies
4. Impact Of COVID-19 On Critical Illness Insurance
5. Critical Illness Insurance Market Size And Growth
.....
27. Critical Illness Insurance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Critical Illness Insurance Market
29. Critical Illness Insurance Market Future Outlook and Potential Analysis
30. Appendix

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