DUBLIN, Jan. 09, 2023 (GLOBE NEWSWIRE) — The Disability Insurance Market by Insurance Type, End-User and Coverage Type: Global Opportunity Analysis and Industry Forecasts, 2021-2031 report has been added. of ResearchAndMarkets.com Recruitment.
According to this report, the disability insurance market is valued at $3.3 billion in 2021 and is estimated to reach $9.2 billion by 2031, growing at a CAGR of 11.2% from 2022 to 2031.
Disability insurance, often referred to as DI or Disability Income Insurance, or Income Protection, is a form of insurance that insures a beneficiary’s earned income against the risk that a disability impairs core business performance. In addition, those whose employers do not provide benefits and self-employed people who want disability coverage can purchase insurance themselves.
In addition, individual insurance premiums and available benefits vary widely by company, profession, state, and country. In general, the higher the monthly benefit amount, the longer the benefit period, and the earlier the benefits start after the disability insurance claim, the higher the insurance premium.
Growing awareness of the benefits of disability insurance policies and tax incentives under various sections of the income tax law is driving the growth of the global disability insurance market. Moreover, the development of new offers and schemes by insurers has a positive impact on the growth of the disability insurance market.
However, lack of customer awareness hinders the growth of the disability insurance market. On the contrary, increasing government support for medical and health insurance is expected to offer rewarding opportunities for expanding the disability insurance market during the forecast period.
The disability insurance market is segmented on the basis of insurance type, end-user, coverage type, and region. Based on insurance type, the market is segmented into employer-provided disability insurance, personal disability insurance, capped disability insurance, business overhead disability insurance, and others.
Based on end-users, the market is divided into governments, businesses and individuals. It is divided into short-term disability insurance and long-term disability insurance depending on the coverage. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major companies operating in the disability insurance market are Aegon NV, Ahana, Assurity Group, Inc., Allianz, Assicurazioni Generali SpA, Asteya, Aviva, AXA, Guardian Life Insurance Company, Illinois Mutual, Petersen International Underwriters (PIU), Massmutual. , Mutual of Omaha, MetLife Services and Solutions, LLC, Ping An Insurance, Nippon Life Insurance, Zurich Insurance Group. These players are adopting various strategies to increase their market penetration and strengthen their position in the industry.
Main advantage
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This report provides a quantitative analysis of the market segments, current trends, estimates and dynamics of the Disability Insurance market analysis from 2021 to 2031 to identify general Disability Insurance market opportunities.
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Market research is provided with information related to key drivers, restraints, and opportunities.
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Porter’s five forces analysis highlights the potential of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen supplier-buyer networks.
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A detailed analysis of the Disability Insurance market segmentation helps to determine common market opportunities.
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Major countries in each region are mapped according to their revenue contribution to the global market.
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Market participant positioning facilitates benchmarking and provides a clear understanding of the current position of market participants.
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This report includes an analysis of regional and global disability insurance market trends, key players, market segments, application areas, and market growth strategies.
Main topics:
Chapter 1; Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
3.1. Market definition and scope
3.2. Main Findings
3.2.1. Top investment pocket
3.3. Porter’s Five Forces Analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1.Driver
3.5.2. Constraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on Market
Chapter 4: Disability Insurance Market, By Insurance Type
4.1 Overview
4.1.1 Market size and forecast
4.2 Employer-provided disability insurance
4.2.1 Key Market Trends, Growth Drivers and Opportunities
4.2.2 Market Size and Forecast by Region
4.2.3 Market Analysis by Country
4.3 Personal disability insurance
4.3.1 Key Market Trends, Growth Drivers and Opportunities
4.3.2 Market Size and Forecast by Region
4.3.3 Market Analysis by Country
4.4 LIMITED LIABILITY INSURANCE
4.4.1 Key Market Trends, Growth Drivers and Opportunities
4.4.2 Market Size and Forecast by Region
4.4.3 Market Analysis by Country
4.5 Business overhead disability insurance
4.5.1 Key Market Trends, Growth Factors and Opportunities
4.5.2 Market Size and Forecast by Region
4.5.3 Market Analysis by Country
4.6 Miscellaneous
4.6.1 Key Market Trends, Growth Drivers and Opportunities
4.6.2 Market Size and Forecast by Region
4.6.3 Market Analysis by Country
Chapter 5: Disability Insurance Market, By End User
5.1 Overview
5.1.1 Market size and forecast
5.2 Government
5.2.1 Key Market Trends, Growth Factors and Opportunities
5.2.2 Market Size and Forecast by Region
5.2.3 Market Analysis by Country
5.3 Enterprise
5.3.1 Key Market Trends, Growth Factors and Opportunities
5.3.2 Market Size and Forecast by Region
5.3.3 Market Analysis by Country
5.4 Individual
5.4.1 Key Market Trends, Growth Drivers and Opportunities
5.4.2 Market Size and Forecast by Region
5.4.3 Market Analysis by Country
5.4.4 Personal Disability Insurance Market by Individual Type
5.4.4.1 Men’s Market Size and Forecast by Region
5.4.4.2 Men’s Market Size and Forecast, by Country
5.4.4.3 Women’s Market Size and Forecast by Region
5.4.4.4 Women Market Size and Forecast, by Country
Chapter 6: Disability Insurance Market by Coverage Type
6.1 Overview
6.1.1 Market size and forecast
6.2 Short-Term Disability Insurance
6.2.1 Key Market Trends, Growth Factors and Opportunities
6.2.2 Market Size and Forecast by Region
6.2.3 Market Analysis by Country
6.3 Long-term disability insurance
6.3.1 Key Market Trends, Growth Factors and Opportunities
6.3.2 Market Size and Forecast by Region
6.3.3 Market Analysis by Country
Chapter 7: Disability Insurance Market, By Region
Chapter 8: Company landscape
8.1. Introduction
8.2. Top Winning Strategies
8.3. Top 10 Player Product Mapping
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Major developments
Chapter 9: Company Overview
9.1 Aegon NV
9.1.1 Company Profile
9.1.2 Company profile
9.1.3 Business segment operations
9.1.4 Product Portfolio
9.1.5 Performance
9.1.6 Key Strategic Moves and Developments
9.2 Assurance Group, Inc.
9.2.1 Company Profile
9.2.2 Company Profile
9.2.3 Operation of Business Segments
9.2.4 Product Portfolio
9.2.5 Performance
9.2.6 Key Strategic Moves and Developments
9.3 Allianz SE
9.3.1 Company Profile
9.3.2 Company Profile
9.3.3 Business segment operations
9.3.4 Product Portfolio
9.3.5 Performance
9.3.6 Key Strategic Moves and Developments
9.4 Assicrazioni General Spa
9.4.1 Company Profile
9.4.2 Company Profile
9.4.3 Operation of Business Segments
9.4.4 Product Portfolio
9.4.5 Performance
9.4.6 Key Strategic Moves and Developments
9.5 Aviva
9.5.1 Company profile
9.5.2 Company Profile
9.5.3 Operation of Business Segments
9.5.4 Product Portfolio
9.5.5 Performance
9.5.6 Key Strategic Moves and Developments
9.6 AXA Group
9.6.1 Company profile
9.6.2 Company Snapshot
9.6.3 Operation of Business Segments
9.6.4 Product Portfolio
9.6.5 Performance
9.6.6 Key Strategic Moves and Developments
9.7 Guardian Life Insurance Company
9.7.1 Company Profile
9.7.2 Company Snapshot
9.7.3 Operation of Business Segments
9.7.4 Product Portfolio
9.7.5 Performance
9.7.6 Major Strategic Moves and Developments
9.8 Illinois Mutual
9.8.1 Company Profile
9.8.2 Company Snapshot
9.8.3 Operation of Business Segments
9.8.4 Product Portfolio
9.8.5 Performance
9.8.6 Major Strategic Moves and Developments
9.9 Petersen International Underwriters (PIU)
9.9.1 Company Profile
9.9.2 Company Snapshot
9.9.3 Operation of Business Segments
9.9.4 Product Portfolio
9.9.5 Performance
9.9.6 Major Strategic Moves and Developments
9.10 MassMutual
9.10.1 Company profile
9.10.2 Company profile
9.10.3 Business segment operations
9.10.4 Product Portfolio
9.10.5 Performance
9.10.6 Key Strategic Moves and Developments
9/11 Mutual in Omaha
9.11.1 Company Profile
9.11.2 Company Snapshot
9.11.3 Business segment operations
9.11.4 Product Portfolio
9.11.5 Performance
9.11.6 Key Strategic Moves and Developments
9.12 MetLife Services and Solutions LLC.
9.12.1 Company Profile
9.12.2 Company Snapshot
9.12.3 Business segment operations
9.12.4 Product Portfolio
9.12.5 Performance
9.12.6 Key Strategic Moves and Developments
9.13 Ping An Insurance
9.13.1 Company profile
9.13.2 Company Snapshot
9.13.3 Business segment operations
9.13.4 Product Portfolio
9.13.5 Performance
9.13.6 Key Strategic Moves and Developments
9.14 Nippon Life Insurance
9.14.1 Company Profile
9.14.2 Company Snapshot
9.14.3 Business segment operations
9.14.4 Product Portfolio
9.14.5 Performance
9.14.6 Major Strategic Moves and Developments
9.15 Zurich Insurance Group
9.15.1 Company Profile
9.15.2 Company Snapshot
9.15.3 Business segment operations
9.15.4 Product Portfolio
9.15.5 Performance
9.15.6 Major Strategic Moves and Developments
9.16 Asteya
9.16.1 Company Profile
9.16.2 Company Snapshot
9.16.3 Business segment operations
9.16.4 Product Portfolio
9.16.5 Performance
9.16.6 Major Strategic Moves and Developments
9.17 Ahana
9.17.1 Company Profile
9.17.2 Company Snapshot
9.17.3 Business segment operations
9.17.4 Product Portfolio
9.17.5 Performance
9.17.6 Key Strategic Moves and Developments
For more information on this report, please visit https://www.researchandmarkets.com/r/2vjsee.
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