The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increasing access to insurance products and services is likely to encourage innovation in the production of equity indexed life insurance, propelling the market during the forecast period.

The global equity indexed life insurance market is expected to grow from $3.35 billion in 2022 to $3.79 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The global equity indexed life insurance market size is expected to grow to $6.12 billion in 2027 at a CAGR of 12.8%.

Get A Free Sample On The Global Equity Indexed Life Insurance Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2450&type=smp

Global Equity Indexed Life Insurance Market Segments Include:

• By Type: Whole life insurance, Universal life insurance, Variable universal life insurance, Indexed universal life insurance, Other Types
• By Mode: Online, Offline
• By Distribution Channel: Agency, Brokers, Bancassurance, Digital And Indirect Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global equity indexed life insurance market in 2021.

Major Market Players in the equity indexed life insurance market include AXA Equitable Life Insurance Co., Ping An Insurance Group Co., Swiss Reinsurance Co. Ltd., Prudential Financial Inc., American International Group Inc (AIG), AIA Group Ltd.

Product innovation is a crucial trend that is gaining traction in the equity-indexed life insurance industry. Major equity-indexed life insurance companies are focusing on providing innovative solutions to increase their market position. Sun Life International, a Canadian financial services company, for example, will offer Sun Global Solis, a new index universal life insurance product, in December 2021. The new product offers ultra-high net worth (UHNW) and high net worth (HNW) clients around the world a combination of long-term protection and upside potential. This product’s distinguishing characteristics include competitive indexed account cap rate options, a 2% cumulative guarantee that may increase the cash surrender value, access to liquidity through loans and partial surrenders after the first contract anniversary, and no-cost extended issue age and maturity.

The Equity Indexed Life Insurance Global Market Report 2023  provides a equity indexed life insurance market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The equity indexed life insurance market forecast analyzes equity indexed life insurance market size, equity indexed life insurance market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Equity-indexed life insurance is a type of permanent life insurance that is invested in by being connected to a stock market index. It is more technical than other types of permanent life insurance plans, and prospective investors may wish to learn more about it before committing to it.

Explore Similar Reports From The Business Research Company:

Insurance Global Market Report 2023

Life And Health Reinsurance Global Market Report 2023

Life Science Analytics Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: