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📖 Description
Life Insurance in Australia
The Life Insurance industry comprises companies that provide life insurance cover and life-based investment products. Life insurance (or life assurance) is a contract obligating the insurer to pay designated beneficiaries a sum of money in the event of the insured individual's death, disablement, or serious illness or injury. As with all insurance contracts, exclusions may apply that limit the insurer's liability, and typically include suicide, riot or war.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.