Income Protection Insurance Market

Income Protection Insurance (IPI) is an insurance policy, paying benefits to policyholders who are incapacitated and hence unable to work due to illness or accident.
Income Protection Insurance Market aims to provide a comprehensive presentation of the global market for Income Protection Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Income Protection Insurance. Income Protection Insurance Market contains market size and forecasts of Income Protection Insurance in global, including the following market information:
Global Income Protection Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Income Protection Insurance market was valued at US$ 44340 million in 2022 and is projected to reach US$ 53700 million by 2029, at a CAGR of 2.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main global Income Protection Insurance players include Generali, Allianz, AXA, AIG Life, etc. The top four Income Protection Insurance players account for approximately 20% of the total market. The UK is the largest consumer market for Income Protection Insurance, accounting for about 12%, followed by France and Italy. In terms of type, Long Term Income Protection Insurance is the largest segment, with a share over 70%. And in terms of application, the largest application is Men, followed by Women.
We surveyed the Income Protection 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 Income Protection Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Income Protection Insurance Market Segment Percentages, by Type, 2022 (%)
Short Term Income Protection Insurance
Long Term Income Protection Insurance
Global Income Protection Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Income Protection Insurance Market Segment Percentages, by Application, 2022 (%)
Men
Women
Global Income Protection Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Income Protection Insurance Market Segment Percentages, By Region and Country, 2022 (%)
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 Income Protection Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Income Protection Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Aviva
Legal & General
Fidelity Life
Royal London
VitalityLife
Generali
Allianz
AXA
LV= Liverpool Victoria
AIG Life
Outline of Major Chapters:
Chapter 1: Introduces the definition of Income Protection Insurance, market overview.
Chapter 2: Global Income Protection Insurance market size in revenue.
Chapter 3: Detailed analysis of Income Protection Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Income Protection Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.