Income Protection Insurance Industry Research Report 2025

Summary

Income Protection Insurance (IPI) is an insurance policy, paying benefits to policyholders who are incapacitated and hence unable to work due to illness or accident.

According to APO Research, The global Income Protection Insurance market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Income Protection Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Income Protection Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Income Protection Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Income Protection Insurance include Aviva, Legal & General, Fidelity Life, Royal London, VitalityLife, Generali, Allianz, AXA and LV= Liverpool Victoria and etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Income Protection Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Income Protection Insurance.
The Income Protection Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Income Protection Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Income Protection Insurance Segment by Company

Aviva
Legal & General
Fidelity Life
Royal London
VitalityLife
Generali
Allianz
AXA
LV= Liverpool Victoria
AIG Life
Income Protection Insurance Segment by Type

Short Term Income Protection Insurance
Long Term Income Protection Insurance
Income Protection Insurance Segment by Application

Men
Women
Income Protection Insurance Segment by Application

Men
Women
Income Protection Insurance Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Income Protection Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Income Protection Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Income Protection Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Income Protection Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Income Protection Insurance by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031)
2.2.2 Short Term Income Protection Insurance
2.2.3 Long Term Income Protection Insurance
2.3 Income Protection Insurance by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.3.2 Men
2.3.3 Women
2.4 Assumptions and Limitations
3 Income Protection Insurance Breakdown Data by Type
3.1 Global Income Protection Insurance Historic Market Size by Type (2020-2025)
3.2 Global Income Protection Insurance Forecasted Market Size by Type (2026-2031)
4 Income Protection Insurance Breakdown Data by Application
4.1 Global Income Protection Insurance Historic Market Size by Application (2020-2025)
4.2 Global Income Protection Insurance Forecasted Market Size by Application (2026-2031)
5 Global Growth Trends
5.1 Global Income Protection Insurance Market Perspective (2020-2031)
5.2 Global Income Protection Insurance Growth Trends by Region
5.2.1 Global Income Protection Insurance Market Size by Region: 2020 VS 2024 VS 2031
5.2.2 Income Protection Insurance Historic Market Size by Region (2020-2025)
5.2.3 Income Protection Insurance Forecasted Market Size by Region (2026-2031)
5.3 Income Protection Insurance Market Dynamics
5.3.1 Income Protection Insurance Industry Trends
5.3.2 Income Protection Insurance Market Drivers
5.3.3 Income Protection Insurance Market Challenges
5.3.4 Income Protection Insurance Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Income Protection Insurance Players by Revenue
6.1.1 Global Top Income Protection Insurance Players by Revenue (2020-2025)
6.1.2 Global Income Protection Insurance Revenue Market Share by Players (2020-2025)
6.2 Global Income Protection Insurance Industry Players Ranking, 2023 VS 2024 VS 2025
6.3 Global Key Players of Income Protection Insurance Head Office and Area Served
6.4 Global Income Protection Insurance Players, Product Type & Application
6.5 Global Income Protection Insurance Manufacturers Established Date
6.6 Global Income Protection Insurance Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Income Protection Insurance Market Size (2020-2031)
7.2 North America Income Protection Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 North America Income Protection Insurance Market Size by Country (2020-2025)
7.4 North America Income Protection Insurance Market Size by Country (2026-2031)
7.5 United States
7.5 United States
7.6 Canada
7.7 Mexico
8 Europe
8.1 Europe Income Protection Insurance Market Size (2020-2031)
8.2 Europe Income Protection Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
8.3 Europe Income Protection Insurance Market Size by Country (2020-2025)
8.4 Europe Income Protection Insurance Market Size by Country (2026-2031)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Spain
8.10 Russia
8.11 Netherlands
8.12 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Income Protection Insurance Market Size (2020-2031)
9.2 Asia-Pacific Income Protection Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Asia-Pacific Income Protection Insurance Market Size by Country (2020-2025)
9.4 Asia-Pacific Income Protection Insurance Market Size by Country (2026-2031)
9.5 China
9.6 Japan
9.7 South Korea
9.8 India
9.9 Australia
9.10 China Taiwan
9.11 Southeast Asia
10 South America
10.1 South America Income Protection Insurance Market Size (2020-2031)
10.2 South America Income Protection Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 South America Income Protection Insurance Market Size by Country (2020-2025)
10.4 South America Income Protection Insurance Market Size by Country (2026-2031)
10.5 Brazil
10.6 Argentina
10.7 Chile
10.8 Colombia
10.9 Peru
11 Middle East & Africa
11.1 Middle East & Africa Income Protection Insurance Market Size (2020-2031)
11.2 Middle East & Africa Income Protection Insurance Market Growth Rate by Country: 2020 VS 2024 VS 2031
11.3 Middle East & Africa Income Protection Insurance Market Size by Country (2020-2025)
11.4 Middle East & Africa Income Protection Insurance Market Size by Country (2026-2031)
11.5 Saudi Arabia
11.6 Israel
11.7 United Arab Emirates
11.8 Turkey
11.9 Iran
11.10 Egypt
12 Players Profiled
12.1 Aviva
12.1.1 Aviva Company Information
12.1.2 Aviva Business Overview
12.1.3 Aviva Revenue in Income Protection Insurance Business (2020-2025)
12.1.4 Aviva Income Protection Insurance Product Portfolio
12.1.5 Aviva Recent Developments
12.2 Legal & General
12.2.1 Legal & General Company Information
12.2.2 Legal & General Business Overview
12.2.3 Legal & General Revenue in Income Protection Insurance Business (2020-2025)
12.2.4 Legal & General Income Protection Insurance Product Portfolio
12.2.5 Legal & General Recent Developments
12.3 Fidelity Life
12.3.1 Fidelity Life Company Information
12.3.2 Fidelity Life Business Overview
12.3.3 Fidelity Life Revenue in Income Protection Insurance Business (2020-2025)
12.3.4 Fidelity Life Income Protection Insurance Product Portfolio
12.3.5 Fidelity Life Recent Developments
12.4 Royal London
12.4.1 Royal London Company Information
12.4.2 Royal London Business Overview
12.4.3 Royal London Revenue in Income Protection Insurance Business (2020-2025)
12.4.4 Royal London Income Protection Insurance Product Portfolio
12.4.5 Royal London Recent Developments
12.5 VitalityLife
12.5.1 VitalityLife Company Information
12.5.2 VitalityLife Business Overview
12.5.3 VitalityLife Revenue in Income Protection Insurance Business (2020-2025)
12.5.4 VitalityLife Income Protection Insurance Product Portfolio
12.5.5 VitalityLife Recent Developments
12.6 Generali
12.6.1 Generali Company Information
12.6.2 Generali Business Overview
12.6.3 Generali Revenue in Income Protection Insurance Business (2020-2025)
12.6.4 Generali Income Protection Insurance Product Portfolio
12.6.5 Generali Recent Developments
12.7 Allianz
12.7.1 Allianz Company Information
12.7.2 Allianz Business Overview
12.7.3 Allianz Revenue in Income Protection Insurance Business (2020-2025)
12.7.4 Allianz Income Protection Insurance Product Portfolio
12.7.5 Allianz Recent Developments
12.8 AXA
12.8.1 AXA Company Information
12.8.2 AXA Business Overview
12.8.3 AXA Revenue in Income Protection Insurance Business (2020-2025)
12.8.4 AXA Income Protection Insurance Product Portfolio
12.8.5 AXA Recent Developments
12.9 LV= Liverpool Victoria
12.9.1 LV= Liverpool Victoria Company Information
12.9.2 LV= Liverpool Victoria Business Overview
12.9.3 LV= Liverpool Victoria Revenue in Income Protection Insurance Business (2020-2025)
12.9.4 LV= Liverpool Victoria Income Protection Insurance Product Portfolio
12.9.5 LV= Liverpool Victoria Recent Developments
12.10 AIG Life
12.10.1 AIG Life Company Information
12.10.2 AIG Life Business Overview
12.10.3 AIG Life Revenue in Income Protection Insurance Business (2020-2025)
12.10.4 AIG Life Income Protection Insurance Product Portfolio
12.10.5 AIG Life Recent Developments
13 Report Conclusion
14 Disclaimer

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