Burial Insurance Global Market Report 2024

Global Burial Insurance Market Report 2024

Burial Insurance Global Market Report 2024 – By Type (Simplified Issue, Guaranteed Issue, Pre-Need Insurance), By Age Of End-User (Over 50, Over 60, Over 70, Over 80), By Target Demographic (Seniors, Low-Income Individuals, Middle-Income Individuals), By Distribution Channel (Insurance Agents, Direct Sales, Online Channels) – Market Size, Trends, And Global Forecast 2024-2033

Name: Burial Insurance Global Market Report 2024
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Burial Insurance Global Market Report 2024

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Burial Insurance Market Definition

Burial insurance is a policy that provides a specified amount of coverage to cover the expenses related to a person’s funeral, burial, or cremation. The primary purpose of this insurance is to ease the financial burden on family members or loved ones by ensuring that the costs of end-of-life services are covered.

The main types of burial insurance are simplified issues, guaranteed issues, and pre-need insurance. Simplified issue burial insurance offers a streamlined application process with fewer health questions and no medical exam. The various ages of end-users include over 50, over 60, over 70, and over 80 targets with various demographics such as seniors, low-income individuals, and middle-income individuals. These are distributed through various distribution channels such as insurance agents, direct sales, and online channels.

Burial Insurance Market Segmentation

The burial insurance market covered in this report is segmented –

1) By Type: Simplified Issue, Guaranteed Issue, Pre-Need Insurance

2) By Age Of End-User: Over 50, Over 60, Over 70, Over 80

3) By Target Demographic: Senoirs, Low-Income Individuals, Middle-Income Individuals

4) By Distribution Channel: Insurance Agents, Direct Sales, Online Channels

Global Burial Insurance Market Size 2023 to 2028: Graph

Burial Insurance Market Size 2024 And Growth Rate

The burial insurance market size has grown strongly in recent years. It will grow from $227.78 billion in 2023 to $263.63 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increase in the number of persons, rising government initiatives, rise in funeral costs customization, increasing awareness of funeral expenses, and increase in demand for burial insurance plans.

Burial Insurance Market Growth Forecast

The burial insurance market size is expected to see strong growth in the next few years. It will grow to $363.25 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to rising internet usage, increasing number of elderly individuals, increasing in the number of nuclear families, growing competition and related collaboration, and increase in disposable income. Major trends in the forecast period include advancements in insurance products, integration of value-added services, use of artificial intelligence (AI) and machine learning in underwriting processes, innovations in digital platforms, and technological advancements.

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Burial Insurance Market Driver: Increasing Funeral Costs Propel Expansion Of Burial Insurance Market

The rising funeral costs are expected to propel the growth of the burial insurance market going forward. Funeral costs are the expenses for arranging and carrying out a funeral or memorial service, including fees for services, caskets, urns, and transportation. The funeral cost is rising due to increased prices for services, goods, and facilities, regulations, inflation, and higher demand for more personalized or elaborate arrangements. Burial insurance policies are customized to meet individual needs, ensuring that specific funeral wishes and requirements are financially covered. For instance, in 2024, according to a report published by Sunlife, a UK-based financial services company, the cost of funerals in the UK increased from $10,120 in 2022 to $10,623 in 2023. Therefore, rising funeral costs drive the burial insurance market.

Global Burial Insurance Market Major Players

Major companies operating in the burial insurance market are Cigna Group, Zurich Insurance Group Ltd., Prudential Financial Inc., Aviva PLC, New York Life Insurance Co., Hannover Ruck SE, The Massachusetts Mutual Life Insurance Company, Sun Life Financial Inc., The Hartford Financial Services Group Inc., Manulife Financial Corporation, Assurant Inc., Allianz SE, Globe Life Inc., Legal & General Group, Sentinel Security Life Insurance Company, Colonial Penn Life Insurance Company, The Baltimore Life Insurance Company, Dignity Memorial, Choice Mutual, Fidelity Life Assurance Company Limited, Titan Casket, Sagicor Life Insurance Company

Global Burial Insurance Market Trend: Innovative Burial Insurance Policies Set New Standards In Financial Security

Major companies operating in the burial insurance market are focusing on innovative policies such as myFuneral Plan to provide tailored, comprehensive coverage options that meet the diverse needs and preferences of their clients, ensuring peace of mind and financial security for their families. The myFuneral Plan aims to provide a comprehensive and affordable solution for individuals and families to plan and cover their funeral expenses, ensuring financial security and peace of mind during a difficult time. For instance, in July 2021, HIS (Hang Seng Index), a UK-based stock-exchange company launched myFuneral Plan. The plan covers funeral expenses for death by natural causes, illness (including death from a pandemic), and accidents. The plan is available for individuals and families from 1 year old until death, with the maximum age to qualify for coverage being 68 years.

Burial Insurance Market Merger And Acquisition: Cuna Mutual Group Acquires Assurant To Enhance Financial Security Offerings

In August 2021, Cuna Mutual Group, a US-based mutual insurance company that provides financial services, acquired Assurant for an undisclosed amount. With this acquisition, Cuna Mutual Group aims to deliver financial security and innovative solutions to credit unions and their members, helping them address their unique challenges and needs. Assurant is a US-based company that offers burial insurance.

Regional Outlook For The Global Burial Insurance Market

North America was the largest region in the burial insurance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the burial insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the burial insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The burial insurance market includes revenues earned by entities through whole life burial insurance, term life burial insurance, guaranteed issue burial insurance, simplified issue burial insurance, and prepaid funeral plans. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The burial insurance market research report is one of a series of new reports from The Business Research Company that provides burial insurance market statistics, including burial insurance industry global market size, regional shares, competitors with a burial insurance market share, detailed burial insurance market segments, market trends, and opportunities, and any further data you may need to thrive in the burial insurance industry. This burial insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Burial Insurance Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$263.63 billion
Revenue Forecast In 2033	$363.25 billion
Growth Rate	CAGR of 8.3% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Simplified Issue, Guaranteed Issue, Pre-Need Insurance 2) By Age Of End-User: Over 50, Over 60, Over 70, Over 80 3) By Target Demographic: Seniors, Low-Income Individuals, Middle-Income Individuals 4) By Distribution Channel: Insurance Agents, Direct Sales, Online Channels
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Cigna Group, Zurich Insurance Group Ltd., Prudential Financial Inc., Aviva PLC, New York Life Insurance Co., Hannover Ruck SE, The Massachusetts Mutual Life Insurance Company, Sun Life Financial Inc., The Hartford Financial Services Group Inc., Manulife Financial Corporation, Assurant Inc., Allianz SE, Globe Life Inc., Legal & General Group, Sentinel Security Life Insurance Company, Colonial Penn Life Insurance Company, The Baltimore Life Insurance Company, Dignity Memorial, Choice Mutual, Fidelity Life Assurance Company Limited, Titan Casket, Sagicor Life Insurance Company
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Burial Insurance Market Characteristics

3. Burial Insurance Market Trends And Strategies

4. Burial Insurance Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Burial Insurance Market Size and Growth

5.1. Global Burial Insurance Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Burial Insurance Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Burial Insurance Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Burial Insurance Market Segmentation

6.1. Global Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Simplified Issue

Guaranteed Issue

Pre-Need Insurance

6.2. Global Burial Insurance Market, Segmentation By Age Of End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Over 50

Over 60

Over 70

Over 80

6.3. Global Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Seniors

Low-Income Individuals

Middle-Income Individuals

6.4. Global Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Insurance Agents

Direct Sales

Online Channels

7. Burial Insurance Market Regional And Country Analysis

7.1. Global Burial Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Burial Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Burial Insurance Market

8.1. Asia-Pacific Burial Insurance Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Burial Insurance Market

9.1. China Burial Insurance Market Overview

9.2. China Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Burial Insurance Market

10.1. India Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Burial Insurance Market

11.1. Japan Burial Insurance Market Overview

11.2. Japan Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Burial Insurance Market

12.1. Australia Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Burial Insurance Market

13.1. Indonesia Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Burial Insurance Market

14.1. South Korea Burial Insurance Market Overview

14.2. South Korea Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Burial Insurance Market

15.1. Western Europe Burial Insurance Market Overview

15.2. Western Europe Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Burial Insurance Market

16.1. UK Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Burial Insurance Market

17.1. Germany Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Burial Insurance Market

18.1. France Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Burial Insurance Market

19.1. Italy Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Burial Insurance Market

20.1. Spain Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Burial Insurance Market

21.1. Eastern Europe Burial Insurance Market Overview

21.2. Eastern Europe Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Burial Insurance Market

22.1. Russia Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Burial Insurance Market

23.1. North America Burial Insurance Market Overview

23.2. North America Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Burial Insurance Market

24.1. USA Burial Insurance Market Overview

24.2. USA Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Burial Insurance Market

25.1. Canada Burial Insurance Market Overview

25.2. Canada Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Burial Insurance Market

26.1. South America Burial Insurance Market Overview

26.2. South America Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Burial Insurance Market

27.1. Brazil Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Burial Insurance Market

28.1. Middle East Burial Insurance Market Overview

28.2. Middle East Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Burial Insurance Market

29.1. Africa Burial Insurance Market Overview

29.2. Africa Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Burial Insurance Market Competitive Landscape And Company Profiles

30.1. Burial Insurance Market Competitive Landscape

30.2. Burial Insurance Market Company Profiles

30.2.1. Cigna Group

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Zurich Insurance Group Ltd.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Prudential Financial Inc.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Aviva PLC

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. New York Life Insurance Co.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Burial Insurance Market Other Major And Innovative Companies

31.1. Hannover Ruck SE

31.2. The Massachusetts Mutual Life Insurance Company

31.3. Sun Life Financial Inc.

31.4. The Hartford Financial Services Group Inc.

31.5. Manulife Financial Corporation

31.6. Assurant Inc.

31.7. Allianz SE

31.8. Globe Life Inc.

31.9. Legal & General Group

31.10. Sentinel Security Life Insurance Company

31.11. Colonial Penn Life Insurance Company

31.12. The Baltimore Life Insurance Company

31.13. Dignity Memorial

31.14. Choice Mutual

31.15. Fidelity Life Assurance Company Limited

32. Global Burial Insurance Market Competitive Benchmarking

33. Global Burial Insurance Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Burial Insurance Market

35. Burial Insurance Market Future Outlook and Potential Analysis

35.1 Burial Insurance Market In 2028 - Countries Offering Most New Opportunities

35.2 Burial Insurance Market In 2028 - Segments Offering Most New Opportunities

35.3 Burial Insurance Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Burial Insurance Market, Segmentation By Age Of End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Burial Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Burial Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Cigna Group Financial Performance

Table 76: Zurich Insurance Group Ltd. Financial Performance

Table 77: Prudential Financial Inc. Financial Performance

Table 78: Aviva PLC Financial Performance

Table 79: New York Life Insurance Co. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Burial Insurance Market, Segmentation By Age Of End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Burial Insurance Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Burial Insurance Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Burial Insurance Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Burial Insurance Market, Segmentation By Target Demographic, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Burial Insurance Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Cigna Group Financial Performance

Figure 76: Zurich Insurance Group Ltd. Financial Performance

Figure 77: Prudential Financial Inc. Financial Performance

Figure 78: Aviva PLC Financial Performance

Figure 79: New York Life Insurance Co. Financial Performance

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Frequently Asked Questions

What is the definition of the burial insurance market?

How will the burial insurance market drivers and restraints affect the burial insurance market dynamics? What forces will shape the burial insurance industry going forward?

The burial insurance market major growth driver - Increasing Funeral Costs Propel Expansion Of Burial Insurance Market. For further insights on the burial insurance market, request a sample here

What is the forecast market size or the forecast market value of the burial insurance market?

The burial insurance market size has grown strongly in recent years. It will grow from $227.78 billion in 2023 to $263.63 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increase in the number of persons, rising government initiatives, rise in funeral costs customization, increasing awareness of funeral expenses, and increase in demand for burial insurance plans. The burial insurance market size is expected to see strong growth in the next few years. It will grow to $363.25 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to rising internet usage, increasing number of elderly individuals, increasing in the number of nuclear families, growing competition and related collaboration, and increase in disposable income. Major trends in the forecast period include advancements in insurance products, integration of value-added services, use of artificial intelligence (AI) and machine learning in underwriting processes, innovations in digital platforms, and technological advancements. For further insights on the burial insurance market, request a sample here

How is the burial insurance market segmented?

The burial insurance market is segmented
1) By Type: Simplified Issue, Guaranteed Issue, Pre-Need Insurance
2) By Age Of End-User: Over 50, Over 60, Over 70, Over 80
3) By Target Demographic: Senoirs, Low-Income Individuals, Middle-Income Individuals
4) By Distribution Channel: Insurance Agents, Direct Sales, Online ChannelsFor further insights on the burial insurance market, request a sample here

Which region has the largest share of the burial insurance market? What are the other regions covered in the report?

North America was the largest region in the burial insurance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the burial insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the burial insurance market, request a sample here.

Who are the major players in the burial insurance market?

Major companies operating in the burial insurance market are Cigna Group , Zurich Insurance Group Ltd., Prudential Financial Inc., Aviva PLC, New York Life Insurance Co., Hannover Ruck SE, The Massachusetts Mutual Life Insurance Company, Sun Life Financial Inc., The Hartford Financial Services Group Inc., Manulife Financial Corporation, Assurant Inc., Allianz SE, Globe Life Inc., Legal & General Group, Sentinel Security Life Insurance Company, Colonial Penn Life Insurance Company, The Baltimore Life Insurance Company, Dignity Memorial, Choice Mutual, Fidelity Life Assurance Company Limited, Titan Casket, Sagicor Life Insurance Company For further insights on the burial insurance market, request a sample here.

What are the key trends in the burial insurance market?

Major trend in the burial insurance market - Innovative Burial Insurance Policies Set New Standards In Financial Security. For further insights on the burial insurance market, request a sample here.

What are the major opportunities in the burial insurance market? What are the strategies for the burial insurance market?

For detailed insights on the major opportunities and strategies in the burial insurance market, request a sample here.

How does the burial insurance market relate to the overall economy and other similar markets?

For detailed insights on burial insurance market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the burial insurance industry?

For detailed insights on the mergers and acquisitions in the burial insurance industry, request a sample here.

What are the key dynamics influencing the burial insurance market growth? SWOT analysis of the burial insurance market.

For detailed insights on the key dynamics influencing the burial insurance market growth and SWOT analysis of the burial insurance industry, request a sample here.