Juvenile Life Insurance Market 2018 In-Depth Analysis of Industry Share, Size, Growth Outlook up to 2024

prinformation | March 26, 2019 | 0 | Insurance

Juvenile Life Insurance Market 2019-2024

Juvenile Life Insurance is permanent Life Insurance that insures the life of a child generally under age 18 . It is a financial planning tool that provides a tax advantaged savings vehicle with potential for a lifetime of benefits. Juvenile Life Insurance, or child Life Insurance, is usually purchased to protect a family against the sudden and unexpected costs of a funeral and burial with much lower face values. Should the juvenile survive to their college years it can then take on the form of a financial planning tool.

Gross premiums increased in most countries in the Juvenile Life Insurance in 2017. This growth may be a sign or a consequence of more favorable economic conditions, leading individuals to purchase Juvenile Life Insurance products. In most countries, the relatively low penetration of Juvenile Life Insurance especially in South America and some Asian countries shows that the Juvenile Life Insurance sector still has significant room to expand. In some countries, gross premiums declined where the continued low interest rates may have deterred individuals from purchasing Life Insurance products with lower guarantees. The Europe and North America has relative growth rate due to the lower birth rate and some developed also have the similar phenomenon, China has higher growth rate due the higher birth rate and China’s Second Child Policy and China’s high growth rate in economic.

According to this study, over the next five years the Juvenile Life Insurance market will register a 16.1% CAGR in terms of revenue, the global market size will reach US$ 88500 million by 2024, from US$ 36100 million in 2019. In particular, this report presents the global revenue market share of key companies in Juvenile Life Insurance business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Juvenile Life Insurance market by product type, application, key companies and key regions.

This study considers the Juvenile Life Insurance value generated from the sales of the following segments:

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Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
<10 Years Old
10~18 Years Old
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
School
Home Use

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Allianz
Assicurazioni Generali
China Life Insurance
MetLife
PingAn
AXA
Sumitomo Life Insurance
Aegon
Dai-ichi Mutual Life Insurance
CPIC
Aviva
Munich Re Group
Zurich Financial Services
Nippon Life Insurance
Gerber Life Insurance
AIG

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Juvenile Life Insurance market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Juvenile Life Insurance market by identifying its various subsegments.
Focuses on the key global Juvenile Life Insurance players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Juvenile Life Insurance with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the size of Juvenile Life Insurance submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

For full details – https://www.planetmarketreports.com/reports/juvenile-life-insurance-market-2019-2024

Contact US:-

Name: Jennifer Daniel

Email-Id: sales@planetmarketreports.com

US : +1-716-2260907

UK +447441952057

Organization: Planet Market Reports

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