Upcoming Allied Market Research
Insurance Protection Products Market

Insurance Protection Products Market

by Type (Life Insurance, Critical Issues Insurance, Income Protection Insurance, Term Insurance, Long Term Care Insurance, and Others), and Distribution Channel (Direct and Indirect): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A13996
Pages: NA
Mar 2023 | 746 Views
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.



Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Insurance Protection Products Market

Request Now !

Insurance is a cover for the possible loss in the future to individual possession, material, or events by paying an entitled premium to the insurance company. Critical issues insurance provides coverage to medical emergencies. These policies pay out cash to aid cover the overruns where traditional health insurance may fall short. Life insurance offers protection against the life of a person. Income Protection Insurance (IPI) is principally available in Ireland, Australia, South Africa, New Zealand, and the UK. It pays assistance to policyholders who are incapacitated and hence unable to work due to sickness or accident. IPI is further sub-segmented into disability insurance, long-term disability insurance, disability overhead insurance, total permanent disability insurance, and workers' compensation. Term insurance is a type of life insurance policy that provides coverage for a certain period or a specified "term" of years. Long-term care insurance is an insurance product sold in the U.S., the UK, and Canada, which helps pay for the costs associated with long-term care.

COVID-19 Impact analysis

The COVID-19 pandemic has influenced everyone's lives and businesses around the world. In the face of the growing prevalence of the COVID-19 virus, customers have raised their desire to purchase various insurances to perceive better medical facilities, healthcare treatments, and to save money. Furthermore, the COVID-19 outbreak has resulted in a significant increase in hospitalizations. As a result, many health-related insurance claims have increased. Furthermore, the global spread of this health crisis is one of the key reasons for the rise in health insurance premiums, as the crisis has put immense pressure on the insurance companies of the market.

Top Impacting Factors

Increase in instances of several diseases, such as cancer, dengue, diabetes, and the COVID-19 pandemic are considered as important factors boosting the global health insurance market growth. 
In addition, improvements in claim management services and surge in awareness of health insurance in rural areas are some of the major factors that propel the market growth.
The rise in advantage of insurance policies such as individual healthcare insurance, private healthcare insurance, maternity health insurance scheme, and personal accident covers is also responsible for propelling the market growth.
Furthermore, as new technology is increasingly being used by healthcare professionals to treat chronic conditions, and since these treatments are expensive and unaffordable for consumers, health insurance is gaining popularity. This in turn boosts the market growth.
However, a lack of understanding of the coverages included in health insurance policies, as well as a growth in the cost of health insurance premiums, are significant concerns that limit the growth of the health insurance market.

Market Trends

New product launches to flourish the market

In May 2021, Allianz and Jubilee Holdings Limited announced the completion of the previously signed agreement for Allianz to acquire a 66% stake in the Jubilee General Insurance Company in Kenya. The company will leverage expertise from both partners to bring international market excellence to its customers. The completion of acquisitions of Jubilee General Insurance businesses in Tanzania, Uganda, Burundi and Mauritius to follow. 
In December 2020, Zurich Insurance Group’s announced $3.94 billion deal to acquire MetLife Inc.’s U.S. property and casualty business is the latest power move in a busy year of insurance transactions.1 The acquisition will give Switzerland-based Zurich—through its U.S. subsidiary Farmers Group Inc. and Farmers Exchanges—a nationwide presence in the U.S. plus access to new distribution channels that could fuel growth ahead.

Key Benefits of the Report

  • This study presents the analytical depiction of the Insurance Protection Products along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Insurance Protection Products market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the Insurance Protection Products market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Insurance Protection Products market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Insurance Protection Products Report

  • Who are the leading market players active in the Insurance Protection Products market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is "Insurance Protection Products "?
  • What is "Insurance Protection Products " Market prediction in the future?
  • Who are the leading global players in the "Insurance Protection Products " Market?
  • What are the current trends and predicted trends?
  • What are the key benefits of the "Insurance Protection Products " Market report?

Insurance Protection Products Market Report Highlights

Aspects Details
By Product Type
  • Life Insurance
  • Critical Issues Insurance
  • Income Protection Insurance
  • Term Insurance
  • Long Term Care Insurance
  • Others
By Distribution Channel
  • Direct
  • Indirect
By End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players Allianz (Germany), Aviva (UK), Prudential (US), AXA A.S (France), Covea Insurance plc (UK), MetLife Inc. (US), China Life Insurance Company (China), United Health Group Incorporated (US), Aegon Life Insurance Company (India), Sun Life Financial (Canada).

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Insurance Protection Products Market

Start reading.
This Report and over 19,603+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers