New York, NY -- (SBWire) -- 08/13/2018 --Description:-
Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.
The policy may also be structured to pay out regular income and the payout may also be on the policyholder undergoing a surgical procedure, for example, having a heart bypass operation.
Scope of the Report:
This report studies the Critical Illness Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Critical Illness Insurance market by product type and applications/end industries.
Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.
In the last several years, global market of critical illness insurance developed rapidly, with CAGR of 16.48%. In 2017, global market size of critical illness insurance is nearly 27338.56 M USD; Asia region, especially China is estimated to account for the largest share, in terms of Population and economy, of the global critical illness insurance market in 2017. The region comprises some of the fastest developing economies in the world, including China, India, Japan and Korea. This has led to an increase in Insurance investment over the years.
There are three kinds of Critical illness insurance paid out (cancer, Cancer, Heart Attack and Stroke), Cancer remains the most common cause of critical illness claims at 67.94%, followed by heart attack (13.34%), stroke (8.46%) and Other (10.26%) in 2017
The global Critical Illness Insurance market is valued at 25600 million USD in 2017 and is expected to reach 63700 million USD by the end of 2023, growing at a CAGR of 16.4% between 2017 and 2023.
Get a Sample Report @ https://www.wiseguyreports.com/sample-request/3331096-global-critical-illness-insurance-market-2018-by-manufacturers
For more information or any query mail at sales@wiseguyreports.com
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Critical Illness Insurance.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
China Life Insurance
Ping An Insurance
China Pacific Insurance
Aviva
Legal & General
New China Life Insurance
AXA
Prudential plc
Aegon
Allianz
AIG
UnitedHealthcare
Zurich
MetLife
Dai-ichi Life Group
Sun Life Financial
Huaxia life Insurance
Aflac
Liberty Mutual
HCF
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Disease Insurance
Medical Insurance
Income Protection Insurance
Market Segment by Applications, can be divided into
Cancer
Heart Attack
Stroke
Ask Query About Report @ https://www.wiseguyreports.com/enquiry/3331096-global-critical-illness-insurance-market-2018-by-manufacturers
Table Of Contents – Major Key Points
1 Critical Illness Insurance Market Overview
1.1 Product Overview and Scope of Critical Illness Insurance
1.2 Classification of Critical Illness Insurance by Types
1.2.1 Global Critical Illness Insurance Revenue Comparison by Types (2017-2023)
1.2.2 Global Critical Illness Insurance Revenue Market Share by Types in 2017
1.2.3 Disease Insurance
1.2.4 Medical Insurance
1.2.5 Income Protection Insurance
1.3 Global Critical Illness Insurance Market by Application
1.3.1 Global Critical Illness Insurance Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Cancer
1.3.3 Heart Attack
1.3.4 Stroke
1.4 Global Critical Illness Insurance Market by Regions
1.4.1 Global Critical Illness Insurance Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Critical Illness Insurance Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Critical Illness Insurance Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Critical Illness Insurance Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Critical Illness Insurance Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Critical Illness Insurance Status and Prospect (2013-2023)
1.5 Global Market Size of Critical Illness Insurance (2013-2023)
2 Manufacturers Profiles
2.1 China Life Insurance
2.1.1 Business Overview
2.1.2 Critical Illness Insurance Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 China Life Insurance Critical Illness Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.2 Ping An Insurance
2.2.1 Business Overview
2.2.2 Critical Illness Insurance Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Ping An Insurance Critical Illness Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.3 China Pacific Insurance
2.3.1 Business Overview
2.3.2 Critical Illness Insurance Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 China Pacific Insurance Critical Illness Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.4 Aviva
2.4.1 Business Overview
2.4.2 Critical Illness Insurance Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Aviva Critical Illness Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.5 Legal & General
2.5.1 Business Overview
2.5.2 Critical Illness Insurance Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Legal & General Critical Illness Insurance Revenue, Gross Margin and Market Share (2016-2017)
Continued……
For more information or any query mail at sales@wiseguyreports.com
About Wise Guy Reports
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Critical Illness Insurance Industry to 2023: Market Capacity, Generation, Investment Trends, Regulations and Opportunities