Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Level Term Policy, Renewable or Convertible, Annual Renewable Term, and Mortgage Life Insurance), Level (Individual Level, Group Level, and Decreasing), Distribution Channel (Direct Channel and Indirect Channel) – Industry Trends and Forecast to 2031.
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The Global Term Insurance Market size was valued at USD 278.27 USD Million in 2023.
The Global Term Insurance Market is projected to grow at a CAGR of 3.5% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
