A report from TheBusinessResearchCompany shows that the variable life insurance market is expected to grow to $107.25 billion at a CAGR of 5.5% through 2022.
The variable life insurance market consists of sales of variable life insurance products. Variable life insurance is a permanent life insurance policy provided with an investment part.
Explore Complete Report “Variable Life Insurance Global Market Report 2019” at: https://www.thebusinessresearchcompany.com/report/variable-life-insurance-global-market-report
The global variable life insurance market was valued at about $86.43 billion in 2018 and is expected to grow to $107.25 billion at a CAGR of 5.5% through 2022.
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Major Key competitive players in the global variable life insurance market report include Allianz, AXA, Generali, Ping An Insurance and China Life Insurance.
Individuals in developing countries such as India do not opt for variable life insurance due to lack of awareness, restraining the growth of the market. According to a survey conducted by Ph.D. Research Bureau in 2016, around 49% of the population in India are not aware and has low understanding with insurance products in India due to lack of information about insurance products. Thus restraining the variable life insurance market. Poor advice, wrong information and lack of understanding of the products has a negative influence on the market.
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Few Chapters from Table Of Content:
- Executive Summary
- Report Structure
- Variable Life Insurance Market Characteristics
- Variable Life Insurance Market Product Analysis
- Variable Life Insurance Market Supply Chain
- Variable Life Insurance Market Customer Information
- Variable Life Insurance Market Trends And Strategies
- Variable Life Insurance Market Size And Growth
- Variable Life Insurance Market Regional Analysis
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