Global Disability Insurance Market New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWIRE) -- 05/17/2019 -- Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work. For example, the worker may suffer from an inability to maintain composure in the case of psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. It encompasses paid sick leave, short-term disability benefits (STD), and long-term disability benefits (LTD). Statistics show that in the US a disabling accident occurs, on average, once every second. In fact, nearly 18.5% of Americans are currently living with a disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.
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In 2017, the global Disability Insurance market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global Disability Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Disability Insurance development in United States, Europe and China.
The key players covered in this study
China Life Insurance
Sumitomo Life Insurance
Dai-ichi Mutual Life Insurance
Munich Re Group
Zurich Financial Services
Nippon Life Insurance
Gerber Life Insurance
Market segment by Type, the product can be split into
Employer-supplied disability insurance
Individual disability insurance
High-limit disability insurance
Business overhead expense disability insurance
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
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