Global Decreasing Life Insurance Market Growth (Status and Outlook) 2025-2031

The global Decreasing Life Insurance market size is predicted to grow from US$ 864 million in 2025 to US$ 1254 million in 2031; it is expected to grow at a CAGR of 6.4% from 2025 to 2031.

Decreasing Life Insurance is a type of life insurance policy where the death benefit gradually decreases over time, typically in line with a reducing financial obligation, such as a mortgage, loan, or other debts. The premiums, however, generally remain fixed throughout the policy term.

United States market for Decreasing Life Insurance is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Decreasing Life Insurance is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Decreasing Life Insurance is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Decreasing Life Insurance players cover Legal & General, Progressive, Aviva, AFLAC INCORPORATED, Compare the Market, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Decreasing Life Insurance Industry Forecast” looks at past sales and reviews total world Decreasing Life Insurance sales in 2024, providing a comprehensive analysis by region and market sector of projected Decreasing Life Insurance sales for 2025 through 2031. With Decreasing Life Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Decreasing Life Insurance industry.

This Insight Report provides a comprehensive analysis of the global Decreasing Life Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Decreasing Life Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Decreasing Life Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Decreasing Life Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Decreasing Life Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of Decreasing Life Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:
Decreasing Term Life Insurance
Decreasing Mortgage Life Insurance

Segmentation by Application:
Teenagers
Old People

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Legal & General
Progressive
Aviva
AFLAC INCORPORATED
Compare the Market
Royal London
HSBC UK
New York Life Insurance
Irish Life Assurance plc
Sainsbury's Bank plc

Please note: The report will take approximately 2 business days to prepare and deliver.