Endowment Insurance Comprehensive Study by Type (Unit Linked Endowment Plan, Full/With Profit Endowment, Low-Cost Endowment, Non-profit Endowment), Application (Retirement Planning, College, Long Term Saving), Distribution Channel (Online, Offline), Coverage (Critical Illness, Accidental Death, Disability, Waiver of Premium, Hospital Cash Benefit) Players and Region - Global Market Outlook to 2030

Endowment Insurance Market by XX Submarkets | Forecast Years 2024-2030  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
About Endowment Insurance
Endowment insurance is a type of life insurance policy that provides coverage to the policyholder which helps them save regularly over a specific period of time and allows them to get a lump sum amount on the maturity of the policy. There are various endowment insurance options that act as a saving account helping in saving amount for uncertain losses or expenses. Endowment options like unit-linked, full/with profit, low-cost, non-profit plans are included in it providing coverage for critical illness, disability, accidental death, hospital cash benefits, etc.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)


The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

Chubb Limited (United States), Sun Life Philippines (Canada), AIA Group Limited (Hong Kong), Royal London Mutual Insurance Society Limited (United Kingdom), AMP Limited (Australia), Aegon Life Insurance Company (India), Aviva plc (United Kingdom), Assicurazioni Generali S.p.A (Italy), ICICI Prudential Life Insurance (India) and Coverfox Insurance Broking Pvt. Ltd. (India) are some of the key players that are part of study coverage.

Segmentation Overview
AMA Research has segmented the market of Global Endowment Insurance market by Type (Unit Linked Endowment Plan, Full/With Profit Endowment, Low-Cost Endowment and Non-profit Endowment), Application (Retirement Planning, College and Long Term Saving) and Region.



On the basis of geography, the market of Endowment Insurance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Endowment Insurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Coverage, the sub-segment i.e. Critical Illness will boost the Endowment Insurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:
Emerging Number of Low-Cost Endowment Plans and Policies and Increasing Consumption of Endowment Insurance for Retirement Planning

Market Growth Drivers:
Need for Long Term Savings Management and Demand for Contingency Money or Funds to Overcome Uncertain Expenses or Losses

Challenges:
Regulatory Compliances with the Endowment Insurance

Restraints:
Problems with the Lower Surrender Value than the Paid Premium in Endowment Insurance

Opportunities:
Introduction of Various Coverage Plans in Endowment Insurance and Awareness About the Benefits and Various Policy Options with Different Range of Premium Amounts

Market Leaders and their expansionary development strategies
In April 2022, Tata AIA Life Insurance has partnered with common service centers (CSCs) to distribute its endowment policy with sum assured of up to Rs.24.97 lakh. This acquisition will further strengthen our distribution efforts by helping millions of customers in the remotest corners of the country through technology leverage and product innovation.
On 8th October 2020, Future Generali India Life Insurance Company has announced the launch of its latest offering, Future Generali New Assured Wealth Plan. The plan is a guaranteed endowment plan and also has the option to go for the guaranteed endowment plan with an inbuilt waiver of premium. The Guaranteed Additions are as a percentage of the Sum Assured and accrue every year starting from the 8th policy year and are payable at maturity.
"Initially, the court concluded that a contract must constitute a life insurance product in order for it to be possible to categorize it as an endowment insurance policy. However, as there is no definition of 'life insurance' under Swedish tax law, the court took guidance from Swedish insurance law. By way of review of the relevant preparatory works and previous case law, the court established that in order for a contract to constitute a life insurance product, there must be a risk element that is covered by the insurance product."

Key Target Audience
Endowment Insurance Providers, Endowment Insurance Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

Report Objectives / Segmentation Covered

By Type
  • Unit Linked Endowment Plan
  • Full/With Profit Endowment
  • Low-Cost Endowment
  • Non-profit Endowment
By Application
  • Retirement Planning
  • College
  • Long Term Saving
By Distribution Channel
  • Online
  • Offline

By Coverage
  • Critical Illness
  • Accidental Death
  • Disability
  • Waiver of Premium
  • Hospital Cash Benefit

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Need for Long Term Savings Management
      • 3.2.2. Demand for Contingency Money or Funds to Overcome Uncertain Expenses or Losses
    • 3.3. Market Challenges
      • 3.3.1. Regulatory Compliances with the Endowment Insurance
    • 3.4. Market Trends
      • 3.4.1. Emerging Number of Low-Cost Endowment Plans and Policies
      • 3.4.2. Increasing Consumption of Endowment Insurance for Retirement Planning
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Endowment Insurance, by Type, Application, Distribution Channel, Coverage and Region (value) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Endowment Insurance (Value)
      • 5.2.1. Global Endowment Insurance by: Type (Value)
        • 5.2.1.1. Unit Linked Endowment Plan
        • 5.2.1.2. Full/With Profit Endowment
        • 5.2.1.3. Low-Cost Endowment
        • 5.2.1.4. Non-profit Endowment
      • 5.2.2. Global Endowment Insurance by: Application (Value)
        • 5.2.2.1. Retirement Planning
        • 5.2.2.2. College
        • 5.2.2.3. Long Term Saving
      • 5.2.3. Global Endowment Insurance by: Distribution Channel (Value)
        • 5.2.3.1. Online
        • 5.2.3.2. Offline
      • 5.2.4. Global Endowment Insurance by: Coverage (Value)
        • 5.2.4.1. Critical Illness
        • 5.2.4.2. Accidental Death
        • 5.2.4.3. Disability
        • 5.2.4.4. Waiver of Premium
        • 5.2.4.5. Hospital Cash Benefit
      • 5.2.5. Global Endowment Insurance Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
  • 6. Endowment Insurance: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Chubb Limited (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Sun Life Philippines (Canada)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. AIA Group Limited (Hong Kong)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Royal London Mutual Insurance Society Limited (United Kingdom)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. AMP Limited (Australia)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Aegon Life Insurance Company (India)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Aviva plc (United Kingdom)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Assicurazioni Generali S.p.A (Italy)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. ICICI Prudential Life Insurance (India)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Coverfox Insurance Broking Pvt. Ltd. (India)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Endowment Insurance Sale, by Type, Application, Distribution Channel, Coverage and Region (value) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Endowment Insurance (Value)
      • 7.2.1. Global Endowment Insurance by: Type (Value)
        • 7.2.1.1. Unit Linked Endowment Plan
        • 7.2.1.2. Full/With Profit Endowment
        • 7.2.1.3. Low-Cost Endowment
        • 7.2.1.4. Non-profit Endowment
      • 7.2.2. Global Endowment Insurance by: Application (Value)
        • 7.2.2.1. Retirement Planning
        • 7.2.2.2. College
        • 7.2.2.3. Long Term Saving
      • 7.2.3. Global Endowment Insurance by: Distribution Channel (Value)
        • 7.2.3.1. Online
        • 7.2.3.2. Offline
      • 7.2.4. Global Endowment Insurance by: Coverage (Value)
        • 7.2.4.1. Critical Illness
        • 7.2.4.2. Accidental Death
        • 7.2.4.3. Disability
        • 7.2.4.4. Waiver of Premium
        • 7.2.4.5. Hospital Cash Benefit
      • 7.2.5. Global Endowment Insurance Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Endowment Insurance: by Type(USD Million)
  • Table 2. Endowment Insurance Unit Linked Endowment Plan , by Region USD Million (2018-2023)
  • Table 3. Endowment Insurance Full/With Profit Endowment , by Region USD Million (2018-2023)
  • Table 4. Endowment Insurance Low-Cost Endowment , by Region USD Million (2018-2023)
  • Table 5. Endowment Insurance Non-profit Endowment , by Region USD Million (2018-2023)
  • Table 6. Endowment Insurance: by Application(USD Million)
  • Table 7. Endowment Insurance Retirement Planning , by Region USD Million (2018-2023)
  • Table 8. Endowment Insurance College , by Region USD Million (2018-2023)
  • Table 9. Endowment Insurance Long Term Saving , by Region USD Million (2018-2023)
  • Table 10. Endowment Insurance: by Distribution Channel(USD Million)
  • Table 11. Endowment Insurance Online , by Region USD Million (2018-2023)
  • Table 12. Endowment Insurance Offline , by Region USD Million (2018-2023)
  • Table 13. Endowment Insurance: by Coverage(USD Million)
  • Table 14. Endowment Insurance Critical Illness , by Region USD Million (2018-2023)
  • Table 15. Endowment Insurance Accidental Death , by Region USD Million (2018-2023)
  • Table 16. Endowment Insurance Disability , by Region USD Million (2018-2023)
  • Table 17. Endowment Insurance Waiver of Premium , by Region USD Million (2018-2023)
  • Table 18. Endowment Insurance Hospital Cash Benefit , by Region USD Million (2018-2023)
  • Table 19. South America Endowment Insurance, by Country USD Million (2018-2023)
  • Table 20. South America Endowment Insurance, by Type USD Million (2018-2023)
  • Table 21. South America Endowment Insurance, by Application USD Million (2018-2023)
  • Table 22. South America Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 23. South America Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 24. Brazil Endowment Insurance, by Type USD Million (2018-2023)
  • Table 25. Brazil Endowment Insurance, by Application USD Million (2018-2023)
  • Table 26. Brazil Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 27. Brazil Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 28. Argentina Endowment Insurance, by Type USD Million (2018-2023)
  • Table 29. Argentina Endowment Insurance, by Application USD Million (2018-2023)
  • Table 30. Argentina Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 31. Argentina Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 32. Rest of South America Endowment Insurance, by Type USD Million (2018-2023)
  • Table 33. Rest of South America Endowment Insurance, by Application USD Million (2018-2023)
  • Table 34. Rest of South America Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 35. Rest of South America Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 36. Asia Pacific Endowment Insurance, by Country USD Million (2018-2023)
  • Table 37. Asia Pacific Endowment Insurance, by Type USD Million (2018-2023)
  • Table 38. Asia Pacific Endowment Insurance, by Application USD Million (2018-2023)
  • Table 39. Asia Pacific Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 40. Asia Pacific Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 41. China Endowment Insurance, by Type USD Million (2018-2023)
  • Table 42. China Endowment Insurance, by Application USD Million (2018-2023)
  • Table 43. China Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 44. China Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 45. Japan Endowment Insurance, by Type USD Million (2018-2023)
  • Table 46. Japan Endowment Insurance, by Application USD Million (2018-2023)
  • Table 47. Japan Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 48. Japan Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 49. India Endowment Insurance, by Type USD Million (2018-2023)
  • Table 50. India Endowment Insurance, by Application USD Million (2018-2023)
  • Table 51. India Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 52. India Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 53. South Korea Endowment Insurance, by Type USD Million (2018-2023)
  • Table 54. South Korea Endowment Insurance, by Application USD Million (2018-2023)
  • Table 55. South Korea Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 56. South Korea Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 57. Taiwan Endowment Insurance, by Type USD Million (2018-2023)
  • Table 58. Taiwan Endowment Insurance, by Application USD Million (2018-2023)
  • Table 59. Taiwan Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 60. Taiwan Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 61. Australia Endowment Insurance, by Type USD Million (2018-2023)
  • Table 62. Australia Endowment Insurance, by Application USD Million (2018-2023)
  • Table 63. Australia Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 64. Australia Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 65. Rest of Asia-Pacific Endowment Insurance, by Type USD Million (2018-2023)
  • Table 66. Rest of Asia-Pacific Endowment Insurance, by Application USD Million (2018-2023)
  • Table 67. Rest of Asia-Pacific Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 68. Rest of Asia-Pacific Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 69. Europe Endowment Insurance, by Country USD Million (2018-2023)
  • Table 70. Europe Endowment Insurance, by Type USD Million (2018-2023)
  • Table 71. Europe Endowment Insurance, by Application USD Million (2018-2023)
  • Table 72. Europe Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 73. Europe Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 74. Germany Endowment Insurance, by Type USD Million (2018-2023)
  • Table 75. Germany Endowment Insurance, by Application USD Million (2018-2023)
  • Table 76. Germany Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 77. Germany Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 78. France Endowment Insurance, by Type USD Million (2018-2023)
  • Table 79. France Endowment Insurance, by Application USD Million (2018-2023)
  • Table 80. France Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 81. France Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 82. Italy Endowment Insurance, by Type USD Million (2018-2023)
  • Table 83. Italy Endowment Insurance, by Application USD Million (2018-2023)
  • Table 84. Italy Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 85. Italy Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 86. United Kingdom Endowment Insurance, by Type USD Million (2018-2023)
  • Table 87. United Kingdom Endowment Insurance, by Application USD Million (2018-2023)
  • Table 88. United Kingdom Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 89. United Kingdom Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 90. Netherlands Endowment Insurance, by Type USD Million (2018-2023)
  • Table 91. Netherlands Endowment Insurance, by Application USD Million (2018-2023)
  • Table 92. Netherlands Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 93. Netherlands Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 94. Rest of Europe Endowment Insurance, by Type USD Million (2018-2023)
  • Table 95. Rest of Europe Endowment Insurance, by Application USD Million (2018-2023)
  • Table 96. Rest of Europe Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 97. Rest of Europe Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 98. MEA Endowment Insurance, by Country USD Million (2018-2023)
  • Table 99. MEA Endowment Insurance, by Type USD Million (2018-2023)
  • Table 100. MEA Endowment Insurance, by Application USD Million (2018-2023)
  • Table 101. MEA Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 102. MEA Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 103. Middle East Endowment Insurance, by Type USD Million (2018-2023)
  • Table 104. Middle East Endowment Insurance, by Application USD Million (2018-2023)
  • Table 105. Middle East Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 106. Middle East Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 107. Africa Endowment Insurance, by Type USD Million (2018-2023)
  • Table 108. Africa Endowment Insurance, by Application USD Million (2018-2023)
  • Table 109. Africa Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 110. Africa Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 111. North America Endowment Insurance, by Country USD Million (2018-2023)
  • Table 112. North America Endowment Insurance, by Type USD Million (2018-2023)
  • Table 113. North America Endowment Insurance, by Application USD Million (2018-2023)
  • Table 114. North America Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 115. North America Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 116. United States Endowment Insurance, by Type USD Million (2018-2023)
  • Table 117. United States Endowment Insurance, by Application USD Million (2018-2023)
  • Table 118. United States Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 119. United States Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 120. Canada Endowment Insurance, by Type USD Million (2018-2023)
  • Table 121. Canada Endowment Insurance, by Application USD Million (2018-2023)
  • Table 122. Canada Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 123. Canada Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 124. Mexico Endowment Insurance, by Type USD Million (2018-2023)
  • Table 125. Mexico Endowment Insurance, by Application USD Million (2018-2023)
  • Table 126. Mexico Endowment Insurance, by Distribution Channel USD Million (2018-2023)
  • Table 127. Mexico Endowment Insurance, by Coverage USD Million (2018-2023)
  • Table 128. Company Basic Information, Sales Area and Its Competitors
  • Table 129. Company Basic Information, Sales Area and Its Competitors
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Endowment Insurance: by Type(USD Million)
  • Table 139. Endowment Insurance Unit Linked Endowment Plan , by Region USD Million (2025-2030)
  • Table 140. Endowment Insurance Full/With Profit Endowment , by Region USD Million (2025-2030)
  • Table 141. Endowment Insurance Low-Cost Endowment , by Region USD Million (2025-2030)
  • Table 142. Endowment Insurance Non-profit Endowment , by Region USD Million (2025-2030)
  • Table 143. Endowment Insurance: by Application(USD Million)
  • Table 144. Endowment Insurance Retirement Planning , by Region USD Million (2025-2030)
  • Table 145. Endowment Insurance College , by Region USD Million (2025-2030)
  • Table 146. Endowment Insurance Long Term Saving , by Region USD Million (2025-2030)
  • Table 147. Endowment Insurance: by Distribution Channel(USD Million)
  • Table 148. Endowment Insurance Online , by Region USD Million (2025-2030)
  • Table 149. Endowment Insurance Offline , by Region USD Million (2025-2030)
  • Table 150. Endowment Insurance: by Coverage(USD Million)
  • Table 151. Endowment Insurance Critical Illness , by Region USD Million (2025-2030)
  • Table 152. Endowment Insurance Accidental Death , by Region USD Million (2025-2030)
  • Table 153. Endowment Insurance Disability , by Region USD Million (2025-2030)
  • Table 154. Endowment Insurance Waiver of Premium , by Region USD Million (2025-2030)
  • Table 155. Endowment Insurance Hospital Cash Benefit , by Region USD Million (2025-2030)
  • Table 156. South America Endowment Insurance, by Country USD Million (2025-2030)
  • Table 157. South America Endowment Insurance, by Type USD Million (2025-2030)
  • Table 158. South America Endowment Insurance, by Application USD Million (2025-2030)
  • Table 159. South America Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 160. South America Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 161. Brazil Endowment Insurance, by Type USD Million (2025-2030)
  • Table 162. Brazil Endowment Insurance, by Application USD Million (2025-2030)
  • Table 163. Brazil Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 164. Brazil Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 165. Argentina Endowment Insurance, by Type USD Million (2025-2030)
  • Table 166. Argentina Endowment Insurance, by Application USD Million (2025-2030)
  • Table 167. Argentina Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 168. Argentina Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 169. Rest of South America Endowment Insurance, by Type USD Million (2025-2030)
  • Table 170. Rest of South America Endowment Insurance, by Application USD Million (2025-2030)
  • Table 171. Rest of South America Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 172. Rest of South America Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 173. Asia Pacific Endowment Insurance, by Country USD Million (2025-2030)
  • Table 174. Asia Pacific Endowment Insurance, by Type USD Million (2025-2030)
  • Table 175. Asia Pacific Endowment Insurance, by Application USD Million (2025-2030)
  • Table 176. Asia Pacific Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 177. Asia Pacific Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 178. China Endowment Insurance, by Type USD Million (2025-2030)
  • Table 179. China Endowment Insurance, by Application USD Million (2025-2030)
  • Table 180. China Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 181. China Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 182. Japan Endowment Insurance, by Type USD Million (2025-2030)
  • Table 183. Japan Endowment Insurance, by Application USD Million (2025-2030)
  • Table 184. Japan Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 185. Japan Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 186. India Endowment Insurance, by Type USD Million (2025-2030)
  • Table 187. India Endowment Insurance, by Application USD Million (2025-2030)
  • Table 188. India Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 189. India Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 190. South Korea Endowment Insurance, by Type USD Million (2025-2030)
  • Table 191. South Korea Endowment Insurance, by Application USD Million (2025-2030)
  • Table 192. South Korea Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 193. South Korea Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 194. Taiwan Endowment Insurance, by Type USD Million (2025-2030)
  • Table 195. Taiwan Endowment Insurance, by Application USD Million (2025-2030)
  • Table 196. Taiwan Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 197. Taiwan Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 198. Australia Endowment Insurance, by Type USD Million (2025-2030)
  • Table 199. Australia Endowment Insurance, by Application USD Million (2025-2030)
  • Table 200. Australia Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 201. Australia Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 202. Rest of Asia-Pacific Endowment Insurance, by Type USD Million (2025-2030)
  • Table 203. Rest of Asia-Pacific Endowment Insurance, by Application USD Million (2025-2030)
  • Table 204. Rest of Asia-Pacific Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 205. Rest of Asia-Pacific Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 206. Europe Endowment Insurance, by Country USD Million (2025-2030)
  • Table 207. Europe Endowment Insurance, by Type USD Million (2025-2030)
  • Table 208. Europe Endowment Insurance, by Application USD Million (2025-2030)
  • Table 209. Europe Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 210. Europe Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 211. Germany Endowment Insurance, by Type USD Million (2025-2030)
  • Table 212. Germany Endowment Insurance, by Application USD Million (2025-2030)
  • Table 213. Germany Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 214. Germany Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 215. France Endowment Insurance, by Type USD Million (2025-2030)
  • Table 216. France Endowment Insurance, by Application USD Million (2025-2030)
  • Table 217. France Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 218. France Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 219. Italy Endowment Insurance, by Type USD Million (2025-2030)
  • Table 220. Italy Endowment Insurance, by Application USD Million (2025-2030)
  • Table 221. Italy Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 222. Italy Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 223. United Kingdom Endowment Insurance, by Type USD Million (2025-2030)
  • Table 224. United Kingdom Endowment Insurance, by Application USD Million (2025-2030)
  • Table 225. United Kingdom Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 226. United Kingdom Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 227. Netherlands Endowment Insurance, by Type USD Million (2025-2030)
  • Table 228. Netherlands Endowment Insurance, by Application USD Million (2025-2030)
  • Table 229. Netherlands Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 230. Netherlands Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 231. Rest of Europe Endowment Insurance, by Type USD Million (2025-2030)
  • Table 232. Rest of Europe Endowment Insurance, by Application USD Million (2025-2030)
  • Table 233. Rest of Europe Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 234. Rest of Europe Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 235. MEA Endowment Insurance, by Country USD Million (2025-2030)
  • Table 236. MEA Endowment Insurance, by Type USD Million (2025-2030)
  • Table 237. MEA Endowment Insurance, by Application USD Million (2025-2030)
  • Table 238. MEA Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 239. MEA Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 240. Middle East Endowment Insurance, by Type USD Million (2025-2030)
  • Table 241. Middle East Endowment Insurance, by Application USD Million (2025-2030)
  • Table 242. Middle East Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 243. Middle East Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 244. Africa Endowment Insurance, by Type USD Million (2025-2030)
  • Table 245. Africa Endowment Insurance, by Application USD Million (2025-2030)
  • Table 246. Africa Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 247. Africa Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 248. North America Endowment Insurance, by Country USD Million (2025-2030)
  • Table 249. North America Endowment Insurance, by Type USD Million (2025-2030)
  • Table 250. North America Endowment Insurance, by Application USD Million (2025-2030)
  • Table 251. North America Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 252. North America Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 253. United States Endowment Insurance, by Type USD Million (2025-2030)
  • Table 254. United States Endowment Insurance, by Application USD Million (2025-2030)
  • Table 255. United States Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 256. United States Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 257. Canada Endowment Insurance, by Type USD Million (2025-2030)
  • Table 258. Canada Endowment Insurance, by Application USD Million (2025-2030)
  • Table 259. Canada Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 260. Canada Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 261. Mexico Endowment Insurance, by Type USD Million (2025-2030)
  • Table 262. Mexico Endowment Insurance, by Application USD Million (2025-2030)
  • Table 263. Mexico Endowment Insurance, by Distribution Channel USD Million (2025-2030)
  • Table 264. Mexico Endowment Insurance, by Coverage USD Million (2025-2030)
  • Table 265. Research Programs/Design for This Report
  • Table 266. Key Data Information from Secondary Sources
  • Table 267. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Endowment Insurance: by Type USD Million (2018-2023)
  • Figure 5. Global Endowment Insurance: by Application USD Million (2018-2023)
  • Figure 6. Global Endowment Insurance: by Distribution Channel USD Million (2018-2023)
  • Figure 7. Global Endowment Insurance: by Coverage USD Million (2018-2023)
  • Figure 8. South America Endowment Insurance Share (%), by Country
  • Figure 9. Asia Pacific Endowment Insurance Share (%), by Country
  • Figure 10. Europe Endowment Insurance Share (%), by Country
  • Figure 11. MEA Endowment Insurance Share (%), by Country
  • Figure 12. North America Endowment Insurance Share (%), by Country
  • Figure 13. Global Endowment Insurance share by Players 2023 (%)
  • Figure 14. Global Endowment Insurance share by Players (Top 3) 2023(%)
  • Figure 15. Global Endowment Insurance share by Players (Top 5) 2023(%)
  • Figure 16. BCG Matrix for key Companies
  • Figure 17. Chubb Limited (United States) Revenue, Net Income and Gross profit
  • Figure 18. Chubb Limited (United States) Revenue: by Geography 2023
  • Figure 19. Sun Life Philippines (Canada) Revenue, Net Income and Gross profit
  • Figure 20. Sun Life Philippines (Canada) Revenue: by Geography 2023
  • Figure 21. AIA Group Limited (Hong Kong) Revenue, Net Income and Gross profit
  • Figure 22. AIA Group Limited (Hong Kong) Revenue: by Geography 2023
  • Figure 23. Royal London Mutual Insurance Society Limited (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 24. Royal London Mutual Insurance Society Limited (United Kingdom) Revenue: by Geography 2023
  • Figure 25. AMP Limited (Australia) Revenue, Net Income and Gross profit
  • Figure 26. AMP Limited (Australia) Revenue: by Geography 2023
  • Figure 27. Aegon Life Insurance Company (India) Revenue, Net Income and Gross profit
  • Figure 28. Aegon Life Insurance Company (India) Revenue: by Geography 2023
  • Figure 29. Aviva plc (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 30. Aviva plc (United Kingdom) Revenue: by Geography 2023
  • Figure 31. Assicurazioni Generali S.p.A (Italy) Revenue, Net Income and Gross profit
  • Figure 32. Assicurazioni Generali S.p.A (Italy) Revenue: by Geography 2023
  • Figure 33. ICICI Prudential Life Insurance (India) Revenue, Net Income and Gross profit
  • Figure 34. ICICI Prudential Life Insurance (India) Revenue: by Geography 2023
  • Figure 35. Coverfox Insurance Broking Pvt. Ltd. (India) Revenue, Net Income and Gross profit
  • Figure 36. Coverfox Insurance Broking Pvt. Ltd. (India) Revenue: by Geography 2023
  • Figure 37. Global Endowment Insurance: by Type USD Million (2025-2030)
  • Figure 38. Global Endowment Insurance: by Application USD Million (2025-2030)
  • Figure 39. Global Endowment Insurance: by Distribution Channel USD Million (2025-2030)
  • Figure 40. Global Endowment Insurance: by Coverage USD Million (2025-2030)
  • Figure 41. South America Endowment Insurance Share (%), by Country
  • Figure 42. Asia Pacific Endowment Insurance Share (%), by Country
  • Figure 43. Europe Endowment Insurance Share (%), by Country
  • Figure 44. MEA Endowment Insurance Share (%), by Country
  • Figure 45. North America Endowment Insurance Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Chubb Limited (United States)
  • Sun Life Philippines (Canada)
  • AIA Group Limited (Hong Kong)
  • Royal London Mutual Insurance Society Limited (United Kingdom)
  • AMP Limited (Australia)
  • Aegon Life Insurance Company (India)
  • Aviva plc (United Kingdom)
  • Assicurazioni Generali S.p.A (Italy)
  • ICICI Prudential Life Insurance (India)
  • Coverfox Insurance Broking Pvt. Ltd. (India)
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Key Highlights of Report


Jan 2024 187 Pages 71 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The standard version of the report profiles players such as Chubb Limited (United States), Sun Life Philippines (Canada), AIA Group Limited (Hong Kong), Royal London Mutual Insurance Society Limited (United Kingdom), AMP Limited (Australia), Aegon Life Insurance Company (India), Aviva plc (United Kingdom), Assicurazioni Generali S.p.A (Italy), ICICI Prudential Life Insurance (India) and Coverfox Insurance Broking Pvt. Ltd. (India) etc.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
"Emerging Number of Low-Cost Endowment Plans and Policies " is seen as one of major influencing trends for Endowment Insurance Market during projected period 2023-2030.
The Endowment Insurance market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.

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