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The burial insurance market is forecasted to grow by USD 72 billion during 2024-2029, accelerating at a CAGR of 5.5% during the forecast period. The report on the burial insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of geriatric population, high funeral cost, and inorganic growth strategies.
The burial insurance market is segmented as below:
By Age Group
- Seniors
- Pre-retirement individuals
- High-risk individuals
By Product Type
- Final expense life insurance
- Pre-need burial insurance
- Whole life burial insurance
- Guaranteed issue burial insurance
- Term burial insurance
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the burial insurance market covers the following areas:
- Burial Insurance Market sizing
- Burial Insurance Market forecast
- Burial Insurance Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Age Group
9 Market Segmentation by Product Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global burial insurance market: AFLAC Inc., American International Group Inc., An Post Insurance, Avalon Funeral Plans, Banco Bilbao Vizcaya Argentaria SA, Diaspora Insurance, Dutch Association of Insurers, Fidelity Life Association, Gerber Life Insurance Co, Global Atlantic Financial Group Ltd., Golden Leaves International Ltd, Homesteaders Life Co, Lampo Licensing, LLC, Mutual of Omaha Insurance Co, SENIOR LIFE INSURANCE CO, State Farm Mutual Automobile Insurance Co., The Baltimore Life Insurance Co, Transamerica Life Insurance Co, and United Heritage Life Insurance co.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on digitalization."
According to the report, one of the major drivers for this market is the growth of geriatric population.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AFLAC Inc.
- American International Group Inc.
- An Post Insurance
- Avalon Funeral Plans
- Banco Bilbao Vizcaya Argentaria SA
- Diaspora Insurance
- Dutch Association of Insurers
- Fidelity Life Association
- Gerber Life Insurance Co
- Global Atlantic Financial Group Ltd.
- Golden Leaves International Ltd
- Homesteaders Life Co
- Lampo Licensing
- LLC
- Mutual of Omaha Insurance Co
- SENIOR LIFE INSURANCE CO
- State Farm Mutual Automobile Insurance Co.
- The Baltimore Life Insurance Co
- Transamerica Life Insurance Co
- United Heritage Life Insurance co
