Global Group Term Insurance Market Growth (Status and Outlook) 2025-2031
1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Group Term Insurance Market Size (2020-2031) 2.1.2 Group Term Insurance Market Size CAGR by Region (2020 VS 2024 VS 2031) 2.1.3 World Current & Future Analysis for Group Term Insurance by Country/Region (2020, 2024 & 2031) 2.2 Group Term Insurance Segment by Type 2.2.1 Level Term Plans Insurance 2.2.2 Increasing Term Insurance 2.2.3 Decreasing Term Insurance 2.3 Group Term Insurance Market Size by Type 2.3.1 Group Term Insurance Market Size CAGR by Type (2020 VS 2024 VS 2031) 2.3.2 Global Group Term Insurance Market Size Market Share by Type (2020-2025) 2.4 Group Term Insurance Segment by Application 2.4.1 Tied Agents and Branches 2.4.2 Brokers 2.4.3 Others 2.5 Group Term Insurance Market Size by Application 2.5.1 Group Term Insurance Market Size CAGR by Application (2020 VS 2024 VS 2031) 2.5.2 Global Group Term Insurance Market Size Market Share by Application (2020-2025) 3 Group Term Insurance Market Size by Player 3.1 Group Term Insurance Market Size Market Share by Player 3.1.1 Global Group Term Insurance Revenue by Player (2020-2025) 3.1.2 Global Group Term Insurance Revenue Market Share by Player (2020-2025) 3.2 Global Group Term Insurance Key Players Head office and Products Offered 3.3 Market Concentration Rate Analysis 3.3.1 Competition Landscape Analysis 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) 3.4 New Products and Potential Entrants 3.5 Mergers & Acquisitions, Expansion 4 Group Term Insurance by Region 4.1 Group Term Insurance Market Size by Region (2020-2025) 4.2 Global Group Term Insurance Annual Revenue by Country/Region (2020-2025) 4.3 Americas Group Term Insurance Market Size Growth (2020-2025) 4.4 APAC Group Term Insurance Market Size Growth (2020-2025) 4.5 Europe Group Term Insurance Market Size Growth (2020-2025) 4.6 Middle East & Africa Group Term Insurance Market Size Growth (2020-2025) 5 Americas 5.1 Americas Group Term Insurance Market Size by Country (2020-2025) 5.2 Americas Group Term Insurance Market Size by Type (2020-2025) 5.3 Americas Group Term Insurance Market Size by Application (2020-2025) 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Group Term Insurance Market Size by Region (2020-2025) 6.2 APAC Group Term Insurance Market Size by Type (2020-2025) 6.3 APAC Group Term Insurance Market Size by Application (2020-2025) 6.4 China 6.5 Japan 6.6 South Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 7 Europe 7.1 Europe Group Term Insurance Market Size by Country (2020-2025) 7.2 Europe Group Term Insurance Market Size by Type (2020-2025) 7.3 Europe Group Term Insurance Market Size by Application (2020-2025) 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa Group Term Insurance by Region (2020-2025) 8.2 Middle East & Africa Group Term Insurance Market Size by Type (2020-2025) 8.3 Middle East & Africa Group Term Insurance Market Size by Application (2020-2025) 8.4 Egypt 8.5 South Africa 8.6 Israel 8.7 Turkey 8.8 GCC Countries 9 Market Drivers, Challenges and Trends 9.1 Market Drivers & Growth Opportunities 9.2 Market Challenges & Risks 9.3 Industry Trends 10 Global Group Term Insurance Market Forecast 10.1 Global Group Term Insurance Forecast by Region (2026-2031) 10.1.1 Global Group Term Insurance Forecast by Region (2026-2031) 10.1.2 Americas Group Term Insurance Forecast 10.1.3 APAC Group Term Insurance Forecast 10.1.4 Europe Group Term Insurance Forecast 10.1.5 Middle East & Africa Group Term Insurance Forecast 10.2 Americas Group Term Insurance Forecast by Country (2026-2031) 10.2.1 United States Market Group Term Insurance Forecast 10.2.2 Canada Market Group Term Insurance Forecast 10.2.3 Mexico Market Group Term Insurance Forecast 10.2.4 Brazil Market Group Term Insurance Forecast 10.3 APAC Group Term Insurance Forecast by Region (2026-2031) 10.3.1 China Group Term Insurance Market Forecast 10.3.2 Japan Market Group Term Insurance Forecast 10.3.3 Korea Market Group Term Insurance Forecast 10.3.4 Southeast Asia Market Group Term Insurance Forecast 10.3.5 India Market Group Term Insurance Forecast 10.3.6 Australia Market Group Term Insurance Forecast 10.4 Europe Group Term Insurance Forecast by Country (2026-2031) 10.4.1 Germany Market Group Term Insurance Forecast 10.4.2 France Market Group Term Insurance Forecast 10.4.3 UK Market Group Term Insurance Forecast 10.4.4 Italy Market Group Term Insurance Forecast 10.4.5 Russia Market Group Term Insurance Forecast 10.5 Middle East & Africa Group Term Insurance Forecast by Region (2026-2031) 10.5.1 Egypt Market Group Term Insurance Forecast 10.5.2 South Africa Market Group Term Insurance Forecast 10.5.3 Israel Market Group Term Insurance Forecast 10.5.4 Turkey Market Group Term Insurance Forecast 10.6 Global Group Term Insurance Forecast by Type (2026-2031) 10.7 Global Group Term Insurance Forecast by Application (2026-2031) 10.7.1 GCC Countries Market Group Term Insurance Forecast 11 Key Players Analysis 11.1 MetLife 11.1.1 MetLife Company Information 11.1.2 MetLife Group Term Insurance Product Offered 11.1.3 MetLife Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.1.4 MetLife Main Business Overview 11.1.5 MetLife Latest Developments 11.2 Prudential Financial, Inc. 11.2.1 Prudential Financial, Inc. Company Information 11.2.2 Prudential Financial, Inc. Group Term Insurance Product Offered 11.2.3 Prudential Financial, Inc. Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.2.4 Prudential Financial, Inc. Main Business Overview 11.2.5 Prudential Financial, Inc. Latest Developments 11.3 Lincoln National Corporation 11.3.1 Lincoln National Corporation Company Information 11.3.2 Lincoln National Corporation Group Term Insurance Product Offered 11.3.3 Lincoln National Corporation Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.3.4 Lincoln National Corporation Main Business Overview 11.3.5 Lincoln National Corporation Latest Developments 11.4 Unum Group 11.4.1 Unum Group Company Information 11.4.2 Unum Group Group Term Insurance Product Offered 11.4.3 Unum Group Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.4.4 Unum Group Main Business Overview 11.4.5 Unum Group Latest Developments 11.5 New York Life Insurance Company 11.5.1 New York Life Insurance Company Company Information 11.5.2 New York Life Insurance Company Group Term Insurance Product Offered 11.5.3 New York Life Insurance Company Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.5.4 New York Life Insurance Company Main Business Overview 11.5.5 New York Life Insurance Company Latest Developments 11.6 Voya Services Company 11.6.1 Voya Services Company Company Information 11.6.2 Voya Services Company Group Term Insurance Product Offered 11.6.3 Voya Services Company Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.6.4 Voya Services Company Main Business Overview 11.6.5 Voya Services Company Latest Developments 11.7 United Healthcare Services, Inc. 11.7.1 United Healthcare Services, Inc. Company Information 11.7.2 United Healthcare Services, Inc. Group Term Insurance Product Offered 11.7.3 United Healthcare Services, Inc. Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.7.4 United Healthcare Services, Inc. Main Business Overview 11.7.5 United Healthcare Services, Inc. Latest Developments 11.8 Securian Financial Group, Inc. 11.8.1 Securian Financial Group, Inc. Company Information 11.8.2 Securian Financial Group, Inc. Group Term Insurance Product Offered 11.8.3 Securian Financial Group, Inc. Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.8.4 Securian Financial Group, Inc. Main Business Overview 11.8.5 Securian Financial Group, Inc. Latest Developments 11.9 Reliance Standard Life Insurance Co. 11.9.1 Reliance Standard Life Insurance Co. Company Information 11.9.2 Reliance Standard Life Insurance Co. Group Term Insurance Product Offered 11.9.3 Reliance Standard Life Insurance Co. Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.9.4 Reliance Standard Life Insurance Co. Main Business Overview 11.9.5 Reliance Standard Life Insurance Co. Latest Developments 11.10 The Guardian Life Insurance Company of America 11.10.1 The Guardian Life Insurance Company of America Company Information 11.10.2 The Guardian Life Insurance Company of America Group Term Insurance Product Offered 11.10.3 The Guardian Life Insurance Company of America Group Term Insurance Revenue, Gross Margin and Market Share (2020-2025) 11.10.4 The Guardian Life Insurance Company of America Main Business Overview 11.10.5 The Guardian Life Insurance Company of America Latest Developments 12 Research Findings and Conclusion
List of Tables Table 1. Group Term Insurance Market Size CAGR by Region (2020 VS 2024 VS 2031) & ($ millions) Table 2. Group Term Insurance Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions) Table 3. Major Players of Level Term Plans Insurance Table 4. Major Players of Increasing Term Insurance Table 5. Major Players of Decreasing Term Insurance Table 6. Group Term Insurance Market Size CAGR by Type (2020 VS 2024 VS 2031) & ($ millions) Table 7. Global Group Term Insurance Market Size by Type (2020-2025) & ($ millions) Table 8. Global Group Term Insurance Market Size Market Share by Type (2020-2025) Table 9. Group Term Insurance Market Size CAGR by Application (2020 VS 2024 VS 2031) & ($ millions) Table 10. Global Group Term Insurance Market Size by Application (2020-2025) & ($ millions) Table 11. Global Group Term Insurance Market Size Market Share by Application (2020-2025) Table 12. Global Group Term Insurance Revenue by Player (2020-2025) & ($ millions) Table 13. Global Group Term Insurance Revenue Market Share by Player (2020-2025) Table 14. Group Term Insurance Key Players Head office and Products Offered Table 15. Group Term Insurance Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) Table 16. New Products and Potential Entrants Table 17. Mergers & Acquisitions, Expansion Table 18. Global Group Term Insurance Market Size by Region (2020-2025) & ($ millions) Table 19. Global Group Term Insurance Market Size Market Share by Region (2020-2025) Table 20. Global Group Term Insurance Revenue by Country/Region (2020-2025) & ($ millions) Table 21. Global Group Term Insurance Revenue Market Share by Country/Region (2020-2025) Table 22. Americas Group Term Insurance Market Size by Country (2020-2025) & ($ millions) Table 23. Americas Group Term Insurance Market Size Market Share by Country (2020-2025) Table 24. Americas Group Term Insurance Market Size by Type (2020-2025) & ($ millions) Table 25. Americas Group Term Insurance Market Size Market Share by Type (2020-2025) Table 26. Americas Group Term Insurance Market Size by Application (2020-2025) & ($ millions) Table 27. Americas Group Term Insurance Market Size Market Share by Application (2020-2025) Table 28. APAC Group Term Insurance Market Size by Region (2020-2025) & ($ millions) Table 29. APAC Group Term Insurance Market Size Market Share by Region (2020-2025) Table 30. APAC Group Term Insurance Market Size by Type (2020-2025) & ($ millions) Table 31. APAC Group Term Insurance Market Size by Application (2020-2025) & ($ millions) Table 32. Europe Group Term Insurance Market Size by Country (2020-2025) & ($ millions) Table 33. Europe Group Term Insurance Market Size Market Share by Country (2020-2025) Table 34. Europe Group Term Insurance Market Size by Type (2020-2025) & ($ millions) Table 35. Europe Group Term Insurance Market Size by Application (2020-2025) & ($ millions) Table 36. Middle East & Africa Group Term Insurance Market Size by Region (2020-2025) & ($ millions) Table 37. Middle East & Africa Group Term Insurance Market Size by Type (2020-2025) & ($ millions) Table 38. Middle East & Africa Group Term Insurance Market Size by Application (2020-2025) & ($ millions) Table 39. Key Market Drivers & Growth Opportunities of Group Term Insurance Table 40. Key Market Challenges & Risks of Group Term Insurance Table 41. Key Industry Trends of Group Term Insurance Table 42. Global Group Term Insurance Market Size Forecast by Region (2026-2031) & ($ millions) Table 43. Global Group Term Insurance Market Size Market Share Forecast by Region (2026-2031) Table 44. Global Group Term Insurance Market Size Forecast by Type (2026-2031) & ($ millions) Table 45. Global Group Term Insurance Market Size Forecast by Application (2026-2031) & ($ millions) Table 46. MetLife Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 47. MetLife Group Term Insurance Product Offered Table 48. MetLife Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 49. MetLife Main Business Table 50. MetLife Latest Developments Table 51. Prudential Financial, Inc. Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 52. Prudential Financial, Inc. Group Term Insurance Product Offered Table 53. Prudential Financial, Inc. Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 54. Prudential Financial, Inc. Main Business Table 55. Prudential Financial, Inc. Latest Developments Table 56. Lincoln National Corporation Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 57. Lincoln National Corporation Group Term Insurance Product Offered Table 58. Lincoln National Corporation Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 59. Lincoln National Corporation Main Business Table 60. Lincoln National Corporation Latest Developments Table 61. Unum Group Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 62. Unum Group Group Term Insurance Product Offered Table 63. Unum Group Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 64. Unum Group Main Business Table 65. Unum Group Latest Developments Table 66. New York Life Insurance Company Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 67. New York Life Insurance Company Group Term Insurance Product Offered Table 68. New York Life Insurance Company Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 69. New York Life Insurance Company Main Business Table 70. New York Life Insurance Company Latest Developments Table 71. Voya Services Company Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 72. Voya Services Company Group Term Insurance Product Offered Table 73. Voya Services Company Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 74. Voya Services Company Main Business Table 75. Voya Services Company Latest Developments Table 76. United Healthcare Services, Inc. Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 77. United Healthcare Services, Inc. Group Term Insurance Product Offered Table 78. United Healthcare Services, Inc. Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 79. United Healthcare Services, Inc. Main Business Table 80. United Healthcare Services, Inc. Latest Developments Table 81. Securian Financial Group, Inc. Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 82. Securian Financial Group, Inc. Group Term Insurance Product Offered Table 83. Securian Financial Group, Inc. Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 84. Securian Financial Group, Inc. Main Business Table 85. Securian Financial Group, Inc. Latest Developments Table 86. Reliance Standard Life Insurance Co. Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 87. Reliance Standard Life Insurance Co. Group Term Insurance Product Offered Table 88. Reliance Standard Life Insurance Co. Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 89. Reliance Standard Life Insurance Co. Main Business Table 90. Reliance Standard Life Insurance Co. Latest Developments Table 91. The Guardian Life Insurance Company of America Details, Company Type, Group Term Insurance Area Served and Its Competitors Table 92. The Guardian Life Insurance Company of America Group Term Insurance Product Offered Table 93. The Guardian Life Insurance Company of America Group Term Insurance Revenue ($ million), Gross Margin and Market Share (2020-2025) Table 94. The Guardian Life Insurance Company of America Main Business Table 95. The Guardian Life Insurance Company of America Latest Developments List of Figures Figure 1. Group Term Insurance Report Years Considered Figure 2. Research Objectives Figure 3. Research Methodology Figure 4. Research Process and Data Source Figure 5. Global Group Term Insurance Market Size Growth Rate (2020-2031) ($ millions) Figure 6. Group Term Insurance Sales by Geographic Region (2020, 2024 & 2031) & ($ millions) Figure 7. Group Term Insurance Sales Market Share by Country/Region (2024) Figure 8. Group Term Insurance Sales Market Share by Country/Region (2020, 2024 & 2031) Figure 9. Global Group Term Insurance Market Size Market Share by Type in 2024 Figure 10. Group Term Insurance in Tied Agents and Branches Figure 11. Global Group Term Insurance Market: Tied Agents and Branches (2020-2025) & ($ millions) Figure 12. Group Term Insurance in Brokers Figure 13. Global Group Term Insurance Market: Brokers (2020-2025) & ($ millions) Figure 14. Group Term Insurance in Others Figure 15. Global Group Term Insurance Market: Others (2020-2025) & ($ millions) Figure 16. Global Group Term Insurance Market Size Market Share by Application in 2024 Figure 17. Global Group Term Insurance Revenue Market Share by Player in 2024 Figure 18. Global Group Term Insurance Market Size Market Share by Region (2020-2025) Figure 19. Americas Group Term Insurance Market Size 2020-2025 ($ millions) Figure 20. APAC Group Term Insurance Market Size 2020-2025 ($ millions) Figure 21. Europe Group Term Insurance Market Size 2020-2025 ($ millions) Figure 22. Middle East & Africa Group Term Insurance Market Size 2020-2025 ($ millions) Figure 23. Americas Group Term Insurance Value Market Share by Country in 2024 Figure 24. United States Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 25. Canada Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 26. Mexico Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 27. Brazil Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 28. APAC Group Term Insurance Market Size Market Share by Region in 2024 Figure 29. APAC Group Term Insurance Market Size Market Share by Type (2020-2025) Figure 30. APAC Group Term Insurance Market Size Market Share by Application (2020-2025) Figure 31. China Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 32. Japan Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 33. South Korea Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 34. Southeast Asia Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 35. India Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 36. Australia Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 37. Europe Group Term Insurance Market Size Market Share by Country in 2024 Figure 38. Europe Group Term Insurance Market Size Market Share by Type (2020-2025) Figure 39. Europe Group Term Insurance Market Size Market Share by Application (2020-2025) Figure 40. Germany Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 41. France Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 42. UK Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 43. Italy Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 44. Russia Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 45. Middle East & Africa Group Term Insurance Market Size Market Share by Region (2020-2025) Figure 46. Middle East & Africa Group Term Insurance Market Size Market Share by Type (2020-2025) Figure 47. Middle East & Africa Group Term Insurance Market Size Market Share by Application (2020-2025) Figure 48. Egypt Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 49. South Africa Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 50. Israel Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 51. Turkey Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 52. GCC Countries Group Term Insurance Market Size Growth 2020-2025 ($ millions) Figure 53. Americas Group Term Insurance Market Size 2026-2031 ($ millions) Figure 54. APAC Group Term Insurance Market Size 2026-2031 ($ millions) Figure 55. Europe Group Term Insurance Market Size 2026-2031 ($ millions) Figure 56. Middle East & Africa Group Term Insurance Market Size 2026-2031 ($ millions) Figure 57. United States Group Term Insurance Market Size 2026-2031 ($ millions) Figure 58. Canada Group Term Insurance Market Size 2026-2031 ($ millions) Figure 59. Mexico Group Term Insurance Market Size 2026-2031 ($ millions) Figure 60. Brazil Group Term Insurance Market Size 2026-2031 ($ millions) Figure 61. China Group Term Insurance Market Size 2026-2031 ($ millions) Figure 62. Japan Group Term Insurance Market Size 2026-2031 ($ millions) Figure 63. Korea Group Term Insurance Market Size 2026-2031 ($ millions) Figure 64. Southeast Asia Group Term Insurance Market Size 2026-2031 ($ millions) Figure 65. India Group Term Insurance Market Size 2026-2031 ($ millions) Figure 66. Australia Group Term Insurance Market Size 2026-2031 ($ millions) Figure 67. Germany Group Term Insurance Market Size 2026-2031 ($ millions) Figure 68. France Group Term Insurance Market Size 2026-2031 ($ millions) Figure 69. UK Group Term Insurance Market Size 2026-2031 ($ millions) Figure 70. Italy Group Term Insurance Market Size 2026-2031 ($ millions) Figure 71. Russia Group Term Insurance Market Size 2026-2031 ($ millions) Figure 72. Egypt Group Term Insurance Market Size 2026-2031 ($ millions) Figure 73. South Africa Group Term Insurance Market Size 2026-2031 ($ millions) Figure 74. Israel Group Term Insurance Market Size 2026-2031 ($ millions) Figure 75. Turkey Group Term Insurance Market Size 2026-2031 ($ millions) Figure 76. Global Group Term Insurance Market Size Market Share Forecast by Type (2026-2031) Figure 77. Global Group Term Insurance Market Size Market Share Forecast by Application (2026-2031) Figure 78. GCC Countries Group Term Insurance Market Size 2026-2031 ($ millions)
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Companies Included in Reports:
MetLife|||Prudential Financial, Inc.|||Lincoln National Corporation|||Unum Group|||New York Life Insurance Company|||Voya Services Company|||United Healthcare Services, Inc.|||Securian Financial Group, Inc.|||Reliance Standard Life Insurance Co.|||The Guardian Life Insurance Company of America