Life Insurance Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2025 - TechSci Research
Global life insurance market is expected to grow at a formidable CAGR during the forecast period. Growing awareness pertaining to the benefits offered by various insurance plans is one of the key factors due to which, the market is anticipated to rev up during the forecast years. Moreover, rising prevalence of chronic diseases such as diabetes, respirator disorders, cardiovascular diseases, cancer, among others, is positively impacting the growth of market. In addition to this, encouragement from both public and private sector companies through their attractive insurance plans which provide additional benefits, is expected to bolster the growth of market over the next few years. The global life insurance market is segmented based on type of insurance providers, premium type, plan, type of coverage, term of coverage, premium range, mode of purchase, end user, company, and region. On the basis of insurance providers, the market is segmented into public and private life insurers. Out of ...