Final Expense Insurance market

Final Expense Insurance Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • ICT & Media
  • 120 Pages
  • Report code : PMR-6806874

  • 4.7 (158)

Final Expense Insurance Market

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Final expense insurance is a life insurance policy that has a smaller amount of death benefit comparing with normal life insurance. Also, it is easier to get approved. Final expense insurance is also called funeral insurance or burial insurance. The death benefit is usually between $2,000 to $50,000.

Final Expense Insurance Market contains market size and forecasts of Final Expense Insurance in Global, including the following market information:

Global Final Expense Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Final Expense Insurance market was valued at 202390 million in 2021 and is projected to reach US$ 229600 million by 2028, at a CAGR of 1.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Permanent Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Final Expense Insurance include Allianz, AXA, Generali, Ping An Insurance, China Life Insurance, Prudential PLC, Lincoln National Corporation, Zurich Insurance and Nippon Life Insurance, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Final Expense 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 Final Expense Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Final Expense Insurance Market Segment Percentages, by Type, 2021 (%)

Permanent

Non-Permanent

Global Final Expense Insurance Market, by Age Bracket, 2017-2022, 2023-2028 ($ millions)

Global Final Expense Insurance Market Segment Percentages, by Age Bracket, 2021 (%)

From 50 to 65 Years Old

From 65 to 75 Years Old

Above and Equal to 75 Years Old

Global Final Expense Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Final Expense 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 Final Expense Insurance revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Final Expense Insurance revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Allianz

AXA

Generali

Ping An Insurance

China Life Insurance

Prudential PLC

Lincoln National Corporation

Zurich Insurance

Nippon Life Insurance

Japan Post Holdings

AEGON

Metlife

Manulife Financial

CPIC

Chubb

AIG

Aviva

Allstate

LIC

Prudential Financial

UnitedHealthcare

AIA

Aflac

Legal & General

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