最終費用保険市場：契約タイプ、補償タイプ、カテゴリー、プロバイダー別-世界予測2025-2030年

最終費用保険市場は、2023年に152億8,000万米ドルと評価され、2024年には163億8,000万米ドルに達すると予測され、CAGR 7.43%で成長し、2030年には252億4,000万米ドルに達すると予測されています。

埋葬保険や葬儀保険としても知られる最終費用保険は、葬儀や埋葬、その他の終末期にかかる費用をカバーするための保険です。このタイプの保険は、一般的な生命保険と比較して補償額が小さく、家族の経済的負担を軽減したい高齢者にとって手頃な選択肢となります。このような保険の必要性は、主に葬儀費用の増加、退職者の限られた貯蓄、終末期費用の資金計画に対する意識から生じる。主に50歳以上の高齢者が、愛する家族に経済的な負担をかけることなく、終末期の費用を確実にカバーし、安心感を求めて加入しています。最終用途の範囲には、葬儀費用、医療費、未払い債務をカバーするための受益者による使用も含まれます。市場の成長は、世界人口の高齢化、ヘルスケアコストの上昇、計画的な葬儀への文化的シフトといった要因に影響されます。新たなビジネスチャンスは、デジタルに精通した高齢者に対応した商品提供の拡大、オンライン・プラットフォームの活用による申請プロセスの合理化、受益者向けの柔軟なオプションの導入にあります。しかし課題としては、市場の飽和状態、規制遵守の問題、過去の誤った販売慣行による消費者の懐疑心などがあります。また、保険条件や保障額の制限も、潜在的な購買意欲を削ぐ要因となっています。イノベーションに最適な分野としては、最終費用保険を他の高齢者向け金融商品と統合した包括的な保険パッケージの開発が挙げられます。また、個人の経済状況に合わせたパーソナライズド保険やAIを活用した保険ソリューションの調査も可能です。競合情勢は、予測モデリングにビッグデータ分析を活用し、競争力のある価格戦略や顧客ターゲティングを改善することを奨励しています。全体として、市場は大きな可能性を秘めているが、持続可能な成長を達成するためには、企業は規制状況を慎重にナビゲートし、透明性を高め、消費者の信頼を開拓する必要があります。保険会社は、顧客のニーズに合わせたソリューションに注力し、デジタルトランスフォーメーションを取り入れることで、顧客の進化するニーズに応えることができます。

市場力学：急速に進化する最終費用保険市場の主要市場インサイトを公開

最終費用保険市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的決定の精緻化、そして新たなビジネスチャンスの獲得に備えることができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができ、また、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 高齢者の増加とヘルスケアコストの増加
  • 最終費用保険の利点に関する認識と教育活動の高まり
  • 世界の葬儀・埋葬関連費用の急増
• 市場抑制要因
  • 保険給付までの待機期間に関する懸念
• 市場機会
  • 埋葬を受けるための政府の好意的な取り組み
  • 柔軟で革新的な最終費用保険商品の開発
• 市場の課題
  • 経済状況の変動は消費者の購買力や投資意欲に影響する

ポーターのファイブフォース：最終費用保険市場をナビゲートする戦略ツール

ポーターのファイブフォース（5つの力）は、最終費用保険市場の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：最終費用保険市場における外部からの影響の把握

外部マクロ環境要因は、最終費用保険市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析最終費用保険市場における競合情勢の把握

最終費用保険市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的な意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックス最終費用保険市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、最終費用保険市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限によりベンダーを明確かつ的確にセグメント化し、戦略目標に最適なパートナーやソリューションを特定することができます。

戦略分析と推奨最終費用保険市場における成功への道筋を描く

最終費用保険市場の戦略分析は、世界市場でのプレゼンス強化を目指す企業にとって不可欠です。主要なリソース、能力、業績指標を検討することで、企業は成長機会を特定し、改善に取り組むことができます。このアプローチにより、競合情勢における課題を克服し、新たなビジネスチャンスを活かして長期的な成功を収めるための体制を整えることができます。

本レポートでは、主要な注目分野を網羅した市場の包括的な分析を提供しています：

1.市場の浸透度：現在の市場環境の詳細なレビュー、主要企業による広範なデータ、市場でのリーチと全体的な影響力の評価。

2.市場の開拓度：新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化：最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています：

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、セグメント、地域はどこか？

3.市場を形成する主な技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 高齢者の増加とヘルスケア費の上昇
    • 最終費用保険の利点に関する意識と教育活動の向上
    • 世界中で葬儀・埋葬関連費用が急増
  • 抑制要因
    • 保険給付までの待機期間に関する懸念
  • 機会
    • 埋葬を受け入れる政府の好意的な取り組み
    • 柔軟で革新的な最終費用保険製品の開発
  • 課題
    • 変動する経済状況は消費者の購買力と投資意欲に影響を与える
• 市場セグメンテーション分析
  • 保険の種類：終末期の費用に関連する経済的負担を軽減するための段階的給付型保険の利用が増加
  • プロバイダー：エージェントやブローカーを通じて最終費用保険を広く配布
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社交
  • 技術的
  • 法律上
  • 環境

第6章 最終費用保険市場ポリシータイプ別

• 段階的給付ポリシー
• レベル給付ポリシー
• 修正された給付ポリシー

第7章 最終費用保険市場補償タイプ別

• 保証発行
• 簡易発行

第8章 最終費用保険市場：カテゴリ別

• シニア
• 若年成人

第9章 最終費用保険市場プロバイダー別

• エージェントとブローカー
• 銀行および金融機関

第10章 南北アメリカの最終費用保険市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第11章 アジア太平洋地域の最終費用保険市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第12章 欧州・中東・アフリカの最終費用保険市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第13章 競合情勢

• 市場シェア分析2023
• FPNVポジショニングマトリックス, 2023
• 競合シナリオ分析
  • iAファイナンシャルグループ、プロスペリティライフグループとベリシティの買収により米国市場での存在感を強化
  • Capitecは、市場シェア、収益、顧客維持率の向上を目的とした生命保険商品を発売しました。
  • Quility、20～80歳層をターゲットにした即時決定終身保険商品QSFCシリーズを発売
  • ロイヤルネイバーズオブアメリカが家族をサポートし、コミュニティの開発を促進するための新しい最終費用保険を導入
  • トランスアメリカ、革新的な技術ソリューションを通じて最終費用保険を強化するためBestowと提携
  • Citizens Inc.はAllegiantと提携し、戦略的コラボレーションを通じて最終費用保険の提供を強化
• 戦略分析と提言

企業一覧

• AAA Life Insurance Company
• Aflac Incorporated
• Allianz SE
• American Amicable Group
• Anthem Insurance Group, Inc.
• Assurity Benefits Group
• Bajaj Finserv Limited
• CVS Health Corporation
• Fidelity Life Association
• First Generation Life
• Gerber Life Insurance Company
• Globe Life Inc.
• Manulife Financial Corporation
• MetLife Services and Solutions, LLC
• Mutual of Omaha Insurance Company
• New York Life Insurance Company
• Royal Neighbors of America
• State Farm Mutual Automobile Insurance Company
• Symmetry Financial Group by Quility Insurance Holdings
• The Baltimore Life Insurance Company
• The Savings Bank Mutual Life Insurance Company
• Transamerica Corporation
• TruStage Insurance
• United Home Life Insurance Company
• Zurich Insurance Group Ltd.

LIST OF FIGURES

• FIGURE 1. FINAL EXPENSE INSURANCE MARKET RESEARCH PROCESS
• FIGURE 2. FINAL EXPENSE INSURANCE MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2023 VS 2030 (%)
• FIGURE 13. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. AMERICAS FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 15. AMERICAS FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. UNITED STATES FINAL EXPENSE INSURANCE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 17. UNITED STATES FINAL EXPENSE INSURANCE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. ASIA-PACIFIC FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. ASIA-PACIFIC FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. EUROPE, MIDDLE EAST & AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 21. EUROPE, MIDDLE EAST & AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 22. FINAL EXPENSE INSURANCE MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 23. FINAL EXPENSE INSURANCE MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. FINAL EXPENSE INSURANCE MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. FINAL EXPENSE INSURANCE MARKET DYNAMICS
• TABLE 7. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY GRADED BENEFIT POLICIES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY LEVEL BENEFIT POLICIES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY MODIFIED BENEFIT POLICIES, BY REGION, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY GUARANTEED ISSUE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY SIMPLIFIED ISSUE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY SENIORS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY YOUNGER ADULT, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY AGENTS & BROKERS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. GLOBAL FINAL EXPENSE INSURANCE MARKET SIZE, BY BANKS & FINANCIAL INSTITUTIONS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 20. AMERICAS FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 21. AMERICAS FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 22. AMERICAS FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 23. AMERICAS FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 24. AMERICAS FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 25. ARGENTINA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 26. ARGENTINA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 27. ARGENTINA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 28. ARGENTINA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 29. BRAZIL FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 30. BRAZIL FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 31. BRAZIL FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 32. BRAZIL FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 33. CANADA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 34. CANADA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 35. CANADA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 36. CANADA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 37. MEXICO FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 38. MEXICO FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 39. MEXICO FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 40. MEXICO FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 41. UNITED STATES FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 42. UNITED STATES FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 43. UNITED STATES FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 44. UNITED STATES FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 45. UNITED STATES FINAL EXPENSE INSURANCE MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 46. ASIA-PACIFIC FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 47. ASIA-PACIFIC FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 48. ASIA-PACIFIC FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 49. ASIA-PACIFIC FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 50. ASIA-PACIFIC FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 51. AUSTRALIA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 52. AUSTRALIA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 53. AUSTRALIA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 54. AUSTRALIA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 55. CHINA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 56. CHINA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 57. CHINA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 58. CHINA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 59. INDIA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 60. INDIA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 61. INDIA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 62. INDIA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 63. INDONESIA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 64. INDONESIA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 65. INDONESIA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 66. INDONESIA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 67. JAPAN FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 68. JAPAN FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 69. JAPAN FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 70. JAPAN FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 71. MALAYSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 72. MALAYSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 73. MALAYSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 74. MALAYSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 75. PHILIPPINES FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 76. PHILIPPINES FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 77. PHILIPPINES FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 78. PHILIPPINES FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 79. SINGAPORE FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 80. SINGAPORE FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 81. SINGAPORE FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 82. SINGAPORE FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 83. SOUTH KOREA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 84. SOUTH KOREA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 85. SOUTH KOREA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 86. SOUTH KOREA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 87. TAIWAN FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 88. TAIWAN FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 89. TAIWAN FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 90. TAIWAN FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 91. THAILAND FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 92. THAILAND FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 93. THAILAND FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 94. THAILAND FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 95. VIETNAM FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 96. VIETNAM FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 97. VIETNAM FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 98. VIETNAM FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 99. EUROPE, MIDDLE EAST & AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 100. EUROPE, MIDDLE EAST & AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 101. EUROPE, MIDDLE EAST & AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 102. EUROPE, MIDDLE EAST & AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 103. EUROPE, MIDDLE EAST & AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 104. DENMARK FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 105. DENMARK FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 106. DENMARK FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 107. DENMARK FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 108. EGYPT FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 109. EGYPT FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 110. EGYPT FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 111. EGYPT FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 112. FINLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 113. FINLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 114. FINLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 115. FINLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 116. FRANCE FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 117. FRANCE FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 118. FRANCE FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 119. FRANCE FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 120. GERMANY FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 121. GERMANY FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 122. GERMANY FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 123. GERMANY FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 124. ISRAEL FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 125. ISRAEL FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 126. ISRAEL FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 127. ISRAEL FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 128. ITALY FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 129. ITALY FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 130. ITALY FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 131. ITALY FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 132. NETHERLANDS FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 133. NETHERLANDS FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 134. NETHERLANDS FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 135. NETHERLANDS FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 136. NIGERIA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 137. NIGERIA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 138. NIGERIA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 139. NIGERIA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 140. NORWAY FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 141. NORWAY FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 142. NORWAY FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 143. NORWAY FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 144. POLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 145. POLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 146. POLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 147. POLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 148. QATAR FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 149. QATAR FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 150. QATAR FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 151. QATAR FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 152. RUSSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 153. RUSSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 154. RUSSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 155. RUSSIA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 156. SAUDI ARABIA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 157. SAUDI ARABIA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 158. SAUDI ARABIA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 159. SAUDI ARABIA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 160. SOUTH AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 161. SOUTH AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 162. SOUTH AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 163. SOUTH AFRICA FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 164. SPAIN FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 165. SPAIN FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 166. SPAIN FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 167. SPAIN FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 168. SWEDEN FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 169. SWEDEN FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 170. SWEDEN FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 171. SWEDEN FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 172. SWITZERLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 173. SWITZERLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 174. SWITZERLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 175. SWITZERLAND FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 176. TURKEY FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 177. TURKEY FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 178. TURKEY FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 179. TURKEY FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 180. UNITED ARAB EMIRATES FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 181. UNITED ARAB EMIRATES FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 182. UNITED ARAB EMIRATES FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 183. UNITED ARAB EMIRATES FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 184. UNITED KINGDOM FINAL EXPENSE INSURANCE MARKET SIZE, BY POLICY TYPE, 2018-2030 (USD MILLION)
• TABLE 185. UNITED KINGDOM FINAL EXPENSE INSURANCE MARKET SIZE, BY COVERAGE TYPE, 2018-2030 (USD MILLION)
• TABLE 186. UNITED KINGDOM FINAL EXPENSE INSURANCE MARKET SIZE, BY CATEGORY, 2018-2030 (USD MILLION)
• TABLE 187. UNITED KINGDOM FINAL EXPENSE INSURANCE MARKET SIZE, BY PROVIDERS, 2018-2030 (USD MILLION)
• TABLE 188. FINAL EXPENSE INSURANCE MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 189. FINAL EXPENSE INSURANCE MARKET, FPNV POSITIONING MATRIX, 2023

The Final Expense Insurance Market was valued at USD 15.28 billion in 2023, expected to reach USD 16.38 billion in 2024, and is projected to grow at a CAGR of 7.43%, to USD 25.24 billion by 2030.

Final Expense Insurance, also known as burial or funeral insurance, is designed to cover expenses related to funeral services, burial, and other end-of-life costs. This type of insurance typically provides a smaller coverage amount compared to standard life insurance, making it an affordable option for older adults who want to mitigate the financial burden on their families. The necessity for such insurance arises primarily from increasing funeral costs, limited savings among retirees, and awareness about financial planning for end-of-life expenses. It is principally applied by seniors aged 50 and above who seek peace of mind, ensuring their final expenses are covered without straining their loved ones financially. The end-use scope includes use by beneficiaries for covering funeral costs, medical bills, or unpaid debts. The market growth is influenced by factors such as the aging global population, rising healthcare costs, and cultural shifts towards planned funerals. Emerging opportunities lie in expanding product offerings that cater to digital-savvy seniors, leveraging online platforms for streamlined application processes, and incorporating flexible options for beneficiaries. However, challenges include market saturation, regulation compliance issues, and consumer skepticism due to historical mis-selling practices. Limitations in policy terms and coverage amounts can also deter potential buyers. The best areas for innovation include developing comprehensive policy packages that integrate final expense insurance with other senior-friendly financial products. Research opportunities can explore personalized or AI-driven insurance solutions that align with individual financial situations. The competitive landscape encourages players to harness big data analytics for predictive modeling, ensuring competitive pricing strategies and improved customer targeting. Overall, while the market holds significant potential, companies must navigate carefully through regulatory landscapes, enhance transparency, and develop consumer trust to achieve sustainable growth. By focusing on tailored solutions and embracing digital transformation, insurers can better meet the evolving needs of their clients.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Final Expense Insurance Market

The Final Expense Insurance Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Growing number of elderly individuals, along with increasing healthcare costs
  • Increasing awareness and educational efforts regarding the benefits of final expense insurance
  • Burgeoning funeral and burial-related expenses globally
• Market Restraints
  • Concerns regarding the waiting period before benefits of insurance
• Market Opportunities
  • Favorable government initiatives to receive burial
  • Development of flexible and innovative final expense insurance products
• Market Challenges
  • Fluctuating economic conditions affect consumer purchasing power and willingness to invest

Porter's Five Forces: A Strategic Tool for Navigating the Final Expense Insurance Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Final Expense Insurance Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Final Expense Insurance Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Final Expense Insurance Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Final Expense Insurance Market

A detailed market share analysis in the Final Expense Insurance Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Final Expense Insurance Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Final Expense Insurance Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Final Expense Insurance Market

A strategic analysis of the Final Expense Insurance Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Final Expense Insurance Market, highlighting leading vendors and their innovative profiles. These include AAA Life Insurance Company, Aflac Incorporated, Allianz SE, American Amicable Group, Anthem Insurance Group, Inc., Assurity Benefits Group, Bajaj Finserv Limited, CVS Health Corporation, Fidelity Life Association, First Generation Life, Gerber Life Insurance Company, Globe Life Inc., Manulife Financial Corporation, MetLife Services and Solutions, LLC, Mutual of Omaha Insurance Company, New York Life Insurance Company, Royal Neighbors of America, State Farm Mutual Automobile Insurance Company, Symmetry Financial Group by Quility Insurance Holdings, The Baltimore Life Insurance Company, The Savings Bank Mutual Life Insurance Company, Transamerica Corporation, TruStage Insurance, United Home Life Insurance Company, and Zurich Insurance Group Ltd..

Market Segmentation & Coverage

This research report categorizes the Final Expense Insurance Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Policy Type, market is studied across Graded Benefit Policies, Level Benefit Policies, and Modified Benefit Policies.
• Based on Coverage Type, market is studied across Guaranteed Issue and Simplified Issue.
• Based on Category, market is studied across Seniors and Younger Adult.
• Based on Providers, market is studied across Agents & Brokers and Banks & Financial Institutions.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Growing number of elderly individuals, along with increasing healthcare costs
    • 5.1.1.2. Increasing awareness and educational efforts regarding the benefits of final expense insurance
    • 5.1.1.3. Burgeoning funeral and burial-related expenses globally
  • 5.1.2. Restraints
    • 5.1.2.1. Concerns regarding the waiting period before benefits of insurance
  • 5.1.3. Opportunities
    • 5.1.3.1. Favorable government initiatives to receive burial
    • 5.1.3.2. Development of flexible and innovative final expense insurance products
  • 5.1.4. Challenges
    • 5.1.4.1. Fluctuating economic conditions affect consumer purchasing power and willingness to invest
• 5.2. Market Segmentation Analysis
  • 5.2.1. Policy Type: Growing usage of graded benefit policy insurance to alleviate financial burdens associated with end-of-life expenses
  • 5.2.2. Providers: Extensive distribution of final expense insurance through agents & brokers
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Final Expense Insurance Market, by Policy Type

• 6.1. Introduction
• 6.2. Graded Benefit Policies
• 6.3. Level Benefit Policies
• 6.4. Modified Benefit Policies

7. Final Expense Insurance Market, by Coverage Type

• 7.1. Introduction
• 7.2. Guaranteed Issue
• 7.3. Simplified Issue

8. Final Expense Insurance Market, by Category

• 8.1. Introduction
• 8.2. Seniors
• 8.3. Younger Adult

9. Final Expense Insurance Market, by Providers

• 9.1. Introduction
• 9.2. Agents & Brokers
• 9.3. Banks & Financial Institutions

10. Americas Final Expense Insurance Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Final Expense Insurance Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. Philippines
• 11.9. Singapore
• 11.10. South Korea
• 11.11. Taiwan
• 11.12. Thailand
• 11.13. Vietnam

12. Europe, Middle East & Africa Final Expense Insurance Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Egypt
• 12.4. Finland
• 12.5. France
• 12.6. Germany
• 12.7. Israel
• 12.8. Italy
• 12.9. Netherlands
• 12.10. Nigeria
• 12.11. Norway
• 12.12. Poland
• 12.13. Qatar
• 12.14. Russia
• 12.15. Saudi Arabia
• 12.16. South Africa
• 12.17. Spain
• 12.18. Sweden
• 12.19. Switzerland
• 12.20. Turkey
• 12.21. United Arab Emirates
• 12.22. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2023
• 13.2. FPNV Positioning Matrix, 2023
• 13.3. Competitive Scenario Analysis
  • 13.3.1. iA Financial Group enhances US market presence with Prosperity Life Group and Vericity acquisitions
  • 13.3.2. Capitec launches life insurance product to enhance market share, revenue, and customer retention
  • 13.3.3. Quility launches QSFC suite of instant-decision whole life insurance products targeting 20-80 age group
  • 13.3.4. Royal Neighbors of America Introduces New Final Expense Insurance to Support Families and Foster Community Development
  • 13.3.5. Transamerica Partners with Bestow to Enhance Final Expense Insurance Through Innovative Tech Solutions
  • 13.3.6. Citizens Inc. Partners with Allegiant to Enhance Final Expense Insurance Offerings through Strategic Collaboration
• 13.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. AAA Life Insurance Company
• 2. Aflac Incorporated
• 3. Allianz SE
• 4. American Amicable Group
• 5. Anthem Insurance Group, Inc.
• 6. Assurity Benefits Group
• 7. Bajaj Finserv Limited
• 8. CVS Health Corporation
• 9. Fidelity Life Association
• 10. First Generation Life
• 11. Gerber Life Insurance Company
• 12. Globe Life Inc.
• 13. Manulife Financial Corporation
• 14. MetLife Services and Solutions, LLC
• 15. Mutual of Omaha Insurance Company
• 16. New York Life Insurance Company
• 17. Royal Neighbors of America
• 18. State Farm Mutual Automobile Insurance Company
• 19. Symmetry Financial Group by Quility Insurance Holdings
• 20. The Baltimore Life Insurance Company
• 21. The Savings Bank Mutual Life Insurance Company
• 22. Transamerica Corporation
• 23. TruStage Insurance
• 24. United Home Life Insurance Company
• 25. Zurich Insurance Group Ltd.