AD&D Insurance in the US
IBISWorld, May 2012, Pages: 35
Back-up plan: The industry will benefit from rising disposable income and more successful employers
AD&D Insurance
Back-up plan
The Accidental Death and Dismemberment (AD&D) Insurance industry suffered during the recession as employment rates dropped and per capita disposable income decreased. As companies closed or laid off workers, there was less opportunity for Americans to purchase AD&D insurance plans. However, as the economy recovers, more businesses will open, providing the US with more employment opportunities, thus increasing the need for AD&D insurance. As industry profit margins increase, companies will try to expand into emerging economies where accidental death and dismemberment are more frequent. Despite a positive outlook, as more women enter the workforce, households will have less financial vulnerability, which will prove a challenge for the industry.
This industry underwrites (i.e. assuming the risk and assigning premiums) accidental death and dismemberment insurance policies. AD&D policies pay out money to a beneficiary upon the accidental death of the policyholder. AD&D policies also pay out to the policyholder directly in the case of accidents that cause a loss of limb or sight.
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.
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
MAJOR COMPANIES.
MetLife Inc.
Northwestern Mutual
MassMutual Financial Group
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