Press release
Endowment Insurance Market is Booming Worldwide with Strong Growth Prospects | Chubb, Aviva, AIA, Sun Life Philippines
Advance Market Analytics published a new research publication on "Endowment Insurance Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Endowment Insurance market was mainly driven by the increasing R&D spending across the world.Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/163693-global-endowment-insurance-market
Some of the key players profiled in the study are:
Chubb Limited (United States), Sun Life Philippines (Canada), AIA Group Limited (Hong Kong), Royal London Mutual Insurance Society Limited (United Kingdom), AMP Limited (Australia), Aegon Life Insurance Company (India), Aviva plc (United Kingdom), Assicurazioni Generali S.p.A (Italy), ICICI Prudential Life Insurance (India), Coverfox Insurance Broking Pvt. Ltd. (India).
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Scope of the Report of Endowment Insurance
Endowment insurance is a type of life insurance policy that provides coverage to the policyholder which helps them save regularly over a specific period of time and allows them to get a lump sum amount on the maturity of the policy. There are various endowment insurance options that act as a saving account helping in saving amount for uncertain losses or expenses. Endowment options like unit-linked, full/with profit, low-cost, non-profit plans are included in it providing coverage for critical illness, disability, accidental death, hospital cash benefits, etc.
Roadblocks:
Problems with the Lower Surrender Value than the Paid Premium in Endowment Insurance
Market Trends:
Emerging Number of Low-Cost Endowment Plans and Policies
Increasing Consumption of Endowment Insurance for Retirement Planning
Opportunities:
Introduction of Various Coverage Plans in Endowment Insurance
Awareness About the Benefits and Various Policy Options with Different Range of Premium Amounts
Market Drivers:
Need for Long Term Savings Management
Demand for Contingency Money or Funds to Overcome Uncertain Expenses or Losses
The titled segments and sub-section of the market are illuminated below:
by Type (Unit Linked Endowment Plan, Full/With Profit Endowment, Low-Cost Endowment, Non-profit Endowment), Application (Retirement Planning, College, Long Term Saving), Distribution Channel (Online, Offline), Coverage (Critical Illness, Accidental Death, Disability, Waiver of Premium, Hospital Cash Benefit)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
On 8th October 2020, Future Generali India Life Insurance Company has announced the launch of its latest offering, Future Generali New Assured Wealth Plan. The plan is a guaranteed endowment plan and also has the option to go for the guaranteed endowment plan with an inbuilt waiver of premium. The Guaranteed Additions are as a percentage of the Sum Assured and accrue every year starting from the 8th policy year and are payable at maturity.
Have Any Questions Regarding Global Endowment Insurance Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/163693-global-endowment-insurance-market
Strategic Points Covered in Table of Content of Global Endowment Insurance Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Endowment Insurance market
Chapter 2: Exclusive Summary - the basic information of the Endowment Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Endowment Insurance
Chapter 4: Presenting the Endowment Insurance Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021
Chapter 6: Evaluating the leading manufacturers of the Endowment Insurance market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Endowment Insurance Market is a valuable source of guidance for individuals and companies.
Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/163693-global-endowment-insurance-market
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Contact Us:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (551) 333 1547
sales@advancemarketanalytics.com
About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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