The Long-Term Care Insurance Market | France

Long-term care insurance covers a set of guarantees enabling an insured person to cover the costs inherent in the occurrence of a loss of autonomy (accident, disability, age, illness, etc.).

According to the French Federation of Insurance Companies, the long-term care insurance market in France concerned 7.3 million people in 2014, for total annual contributions estimated at 665 million euros.

Although dominated by insurance companies, the long-term care insurance market is characterised by the coexistence of bank-insurers, social protection companies and mutuals under the mutuality code, resulting in a high level of competition.

The French market is focusing on raising their clients' awareness of this issue through preventive actions and more comprehensive offers.

The future of the long-term care insurance market will depend largely on the willingness of the public authorities to finance long-term care, which could become the fifth pillar of social security.

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AXA

  • Country : France
  • Turnover : 121,5 Md€ en 2014

Crédit Agricole

  • Country : France
  • Turnover : 30,3 Md€ en 2014

La Banque Postale

  • Country : France
  • Turnover : 5,54 Md€ en 2014

Groupama

  • Country : France
  • Turnover : 10,2 Md€ en 2014

Groupe Prevoir

  • Country : France
  • Turnover : NC

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