Austin, TX, USA, Aug. 19, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Burial Insurance Market Size, Trends and Insights By Coverage (Level Death Benefit, Guaranteed Acceptance, Modified or Graded Death Benefit), By End Use (Over 50, Over 60, Over 70, Over 80), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034“ in its research database.
“According to the latest research study, the demand of the global Burial Insurance Market size & share was valued at approximately USD 309.8 Billion in 2024 and is expected to reach USD 313.5 Billion in 2025 and is expected to reach a value of around USD 458 Billion by 2034, at a compound annual growth rate (CAGR) of about 5.94% during the forecast period 2025 to 2034.”
Click Here to Access a Free Sample Report of the Global Burial Insurance Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=68446
Burial Insurance Market Growth Factors and Dynamics
Increasing awareness of funeral expenditures:
The expenses associated with funerals and interment, such as caskets, burial plots, headstones, and ceremonial arrangements, have experienced a substantial increase in recent years. The average cost of a funeral in numerous countries can vary from thousands to tens of thousands of dollars. People must now make proactive arrangements for these expenses.
Burial insurance is a cost-effective solution for covering these expenses, as it provides financial stability and prevents families from utilizing their resources or taking out loans during difficult times. The media’s and financial planning initiatives’ increased public awareness of these expenses further exacerbates the necessity for burial insurance.
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Burial Insurance Market Opportunity
Increased demand for affordable insurance options
The demand for insurance options that are reasonably priced and cater to lower-income groups is increasing as long as there are persistent economic uncertainties worldwide. Burial insurance is an affordable option that effectively addresses this requirement. Insurers can capitalize on this trend by developing micro-insurance models that require minimal premium payments on a weekly or monthly basis to ensure affordability.
Moreover, governments and non-governmental organizations that are committed to promoting financial inclusion may provide incentives for such initiatives, which would establish a favorable environment for insurers.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 313.5 Billion |
| Projected Market Size in 2034 | USD 458 Billion |
| Market Size in 2024 | USD 309.8 Billion |
| CAGR Growth Rate | 5.94% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Coverage, End Use and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Burial Insurance report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- We have included the COVID-19 Pandemic Outbreak Impact Analysis in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Burial Insurance report has been modified to include the COVID-19 impact study prior to delivery.)
Request a Customized Copy of the Burial Insurance Market Report @ https://www.custommarketinsights.com/report/burial-insurance-market/
Burial Insurance Market Significant Industry Developments
- The National Guardian Life Insurance Company …