Edison, NJ -- (SBWIRE) -- 12/02/2021 -- Advance Market Analytics published a new research publication on "Endowment Insurance Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Endowment Insurance market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Chubb Limited (United States),Sun Life Philippines (Canada),AIA Group Limited (Hong Kong),Royal London Mutual Insurance Society Limited (United Kingdom),AMP Limited (Australia),Aegon Life Insurance Company (India),Aviva plc (United Kingdom),Assicurazioni Generali S.p.A (Italy),ICICI Prudential Life Insurance (India),Coverfox Insurance Broking Pvt. Ltd. (India).
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Scope of the Report of Endowment Insurance
Endowment insurance is a type of life insurance policy that provides coverage to the policyholder which helps them save regularly over a specific period of time and allows them to get a lump sum amount on the maturity of the policy. There are various endowment insurance options that act as a saving account helping in saving amount for uncertain losses or expenses. Endowment options like unit-linked, full/with profit, low-cost, non-profit plans are included in it providing coverage for critical illness, disability, accidental death, hospital cash benefits, etc.
Market Trends:
Emerging Number of Low-Cost Endowment Plans and Policies
Increasing Consumption of Endowment Insurance for Retirement Planning
Opportunities:
Introduction of Various Coverage Plans in Endowment Insurance
Awareness About the Benefits and Various Policy Options with Different Range of Premium Amounts
Market Drivers:
Need for Long Term Savings Management
Demand for Contingency Money or Funds to Overcome Uncertain Expenses or Losses
Challenges:
Regulatory Compliances with the Endowment Insurance
The titled segments and sub-section of the market are illuminated below:
by Type (Unit Linked Endowment Plan, Full/With Profit Endowment, Low-Cost Endowment, Non-profit Endowment), Application (Retirement Planning, College, Long Term Saving), Distribution Channel (Online, Offline), Coverage (Critical Illness, Accidental Death, Disability, Waiver of Premium, Hospital Cash Benefit)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Endowment Insurance Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Endowment Insurance market
Chapter 2: Exclusive Summary – the basic information of the Endowment Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Endowment Insurance
Chapter 4: Presenting the Endowment Insurance Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Endowment Insurance market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Endowment Insurance Market is a valuable source of guidance for individuals and companies.
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