Term Life Insurance to Fuel the United States Life Insurance Market
Increasing awareness among consumer about life insurance, declining life expectancy and ease of availability is fueling the demand of life insurance in United States. According to TechSci Research report, “ United States Life Insurance Market – By Region, Competition Forecast and Opportunities, 2018-2028 ” , The United States life insurance market to witness a significant growth during the forecasted period, owing to the declining life expectancy in the country, and increasing awareness among consumer about the necessity and benefits of life insurance. Moreover, due to the rising government initiatives is driving the market of United States life insurance market. In the US, smoking cigarettes and being around smokers are the two leading causes of premature death.. They can make people more vulnerable to developing diseases such as cancer, heart disease, stroke, lung disease, etc. As per the data provided by Centers for Disease Control and Prevention, more than 16 millio...