Life Insurance Market to Grow at a Formidable CAGR until 2025
Growing awareness about life insurance policies to drive the growth of global life insurance market. According to TechSci Research report, “ Global Life Insurance Market By Type of Insurance Providers (Public Sector Vs Private Players), By Premium Type (Regular Premium, Single Premium), By Plan (Endowment, Annuity, Money Back, Unit Linked), By Type of Coverage (Individual, Group), By Term of Coverage (Term Life, Whole life), By Premium Range (Up to USD500, 501-2000, 2001-5000, 5001-10000, Above 10000), By Mode of Purchase (Direct Company Representatives, Online Portal, Insurance Agent, Others), By End User (Minors, Adults, Senior Citizens), By Region, Forecast & Opportunities, 2025 ” , the global life insurance market is expected to grow at a formidable rate during the forecast period on account of growing number of government life insurance schemes, worldwide. In addition to this, number of accidents happening across the globe are increasing at an alarming rate, w...