The Accidental Death Insurance Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The size of the accidental death insurance market has been gradually increasing over the years. The market, which was valued at $72.45 billion in 2024, is projected to reach $74.74 billion in 2025, experiencing a compound annual growth rate (CAGR) of 3.2%.
The Accidental Death Insurance Global Market is predicted to reach a market size of $87.11 billion by 2029, growing at a compound annual growth rate (CAGR) of 3.9%.
Download Your Free Sample of the 2025 Accidental Death Insurance Market Report and Uncover Key Trends Now!The key drivers in the accidental death insurance market are:
• The implementation of risk management measures
• The utilization of digital platforms for distribution
• The provision of health and wellness incentives
• The increase in travel and adventure activities.
The accidental death insurance market covered in this report is segmented –
1) By Application: Personal, Enterprise
2) By Product: Personal Injury Claims, Road Traffic Accidents, Work Accidents, Other Products
3) By Distribution Channel: Direct marketing, Bancassurance, Agencies, E-commerce, Brokers
The key trends in the accidental death insurance market are:
• The market is significantly impacted by the shift towards digital distribution.
• Customized coverage options are becoming a major upcoming trend.
• There is a growing trend of offering bundled insurance products.
• Riders and add-ons are increasingly influencing the market.
Major companies in the accidental death insurance market are:
• Allianz SE
• Assicurazioni Generali SpA
• China Life Insurance Company Limited
• MetLife Inc.
• Ping An Insurance Company of China Ltd.
• AXA SA
• Sumitomo Life Insurance Company
• Aegon Life Insurance Company Limited
• Dai-ichi Life Insurance Company Limited
• Clinical Pharmacogenetics Implementation
• Aviva plc
• Munich Re Group
• Zurich Insurance Group Ltd.
• Reliance Nippon Life Insurance Company
• Gerber Life Insurance Company
• American International Group Inc.
• Prudential Financial Inc.
• Mutual of Omaha Insurance Company
• Aflac Inc.
• Transamerica Corporation
• Fidelity Life Association
• Hartford Financial Services Group Inc.
• Sun Life Financial Inc.
• Taiwan Life Insurance Co. Ltd.
• Massachusetts Mutual Life Insurance Company
• Farglory Life Insurance Col Ltd.
• TruStage Financial Group Inc.
• Securian Financial Group Inc.
• American National Insurance Company
• American Family Insurance
• Amica Mutual Insurance Company
• Erie Insurance Group
The countries covered in the accidental death insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada