World Markets
In South Africa, the UK, Ireland, Australia and New Zealand, critical illness insurance has become a well established form of insurance.
Critical illness insurance continues to grow in popularity and has recently been accepted into other territories including the far east and the United States.
In markets, where the product is newer, many insurers choose to use the expertise of reinsurers with worldwide exposure as well as overseas insurers who have sold the product for a number of years. The expertise may come in the form of data provided as well as assistance with the product design features of the product.
Read more about this topic: Critical Illness Insurance
Famous quotes containing the words world and/or markets:
“Some say the world will end in fire,
Some say in ice.
From what I’ve tasted of desire
I hold with those who favor fire.
But if it had to perish twice,
I think I know enough of hate
To say that for destruction ice
Is also great
And would suffice.”
—Robert Frost (1874–1963)
“When the great markets by the sea shut fast
All that calm Sunday that goes on and on:
When even lovers find their peace at last,
And Earth is but a star, that once had shone.”
—James Elroy Flecker (1884–1919)