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Download Free sampleCritical 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.
Critical Illness Insurance Market contains market size and forecasts of Critical Illness Insurance in Global, including the following market information:
Global Critical Illness Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Critical Illness Insurance market was valued at 47510 million in 2021 and is projected to reach US$ 122920 million by 2028, at a CAGR of 14.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fixed-term Insurance Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Critical Illness Insurance include China Life Insurance, Ping An Insurance, China Pacific Insurance, Aviva, Legal & General, New China Life Insurance, AXA, Prudential plc and Aegon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Critical Illness Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Critical Illness Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Critical Illness Insurance Market Segment Percentages, by Type, 2021 (%)
Fixed-term Insurance
Whole-life Insurance
Global Critical Illness Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Critical Illness Insurance Market Segment Percentages, by Application, 2021 (%)
Cancer
Heart Attack
Stroke
Other
Global Critical Illness Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Critical Illness Insurance Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Critical Illness Insurance revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Critical Illness Insurance revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
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