NJ New Jersey, USA -- (SBWIRE) -- 01/16/2023 -- Latest Study on Industrial Growth of Short Term Insurance Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Short Term Insurance market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.
Major Players in This Report Include:
UnitedHealth Group (United States), OUTsurance Holdings Limited (South Africa), National General Insurance (United States), The IHC Group (United States), Aviva plc (United Kingdom), PSG Konsult Limited Group (South Africa), SBI Holdings (Japan), Pivot Health (United States), Lidwala Insurance (United Kingdom), Liberty Mutual Group (United States)
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Short term insurance policy covers various types of matters like a job change, health, car, death coverage, and various other things. The short-term insurance plans are typically for the period of 30 to 90 days and have a valid up to 12 months and provide protection for a limited period. This insurance is not costly as it is for the short term and requires a lesser premium amount than the long term insurance plans. It can be used by a group of people or any individual, although short term plan also varies according to the tenure.
Market Trend:
Integration of Telematics and AI in the Short Term Insurance
Increasing Consumption of Short Term Health Insurance
Market Drivers:
Growing Number of Diseases Over the Last Few Year Requires Health Insurance Plans to Cover the Expenses
Increasing Demand for Low Premium Rates Insurance Plans
Challenges:
A large number of Short Term Insurance Providing Companies
Opportunities:
Rising Technological Advancement in the Short Term Insurance
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In this research study, the prime factors that are impelling the growth of the Global Short Term Insurance market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.
The Short Term Insurance market study is being classified by Type (Job Change Coverage, Medical Coverage, Life Coverage, Car Coverage, Others), Application (Individual, Group), Distribution Channel (Insurance Agency, Agents, Online Insurance Companies, Others), Features (Tax Benefits, Death Benefit, Additional Rider Benefit, No Survival Benefits)
The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Short Term Insurance market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.
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Extracts from Table of Contents
Short Term Insurance Market Research Report
Chapter 1 Short Term Insurance Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
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This report also analyzes the regulatory framework of the Global Markets Short Term Insurance Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.