Global Short Term Insurance Market Growth (Status and Outlook) 2023-2029

Global Short Term Insurance Market Growth (Status and Outlook) 2023-2029

Short-term insurance is insurance that can be purchased for a short period of time as opposed the typical annual policy; it is meant to meet the temporary insurance needs of those who purchase it. The main difference between short-term and long-term insurance is simply how long a contract will last. The Insurance term is usually up to 12 months

LPI (LP Information)' newest research report, the “Short Term Insurance Industry Forecast” looks at past sales and reviews total world Short Term Insurance sales in 2022, providing a comprehensive analysis by region and market sector of projected Short Term Insurance sales for 2023 through 2029. With Short Term Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Short Term Insurance industry.

This Insight Report provides a comprehensive analysis of the global Short Term Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Short Term Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Short Term Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Short Term Insurance and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Short Term Insurance.

The global Short Term Insurance market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Short Term Insurance is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Short Term Insurance is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Short Term Insurance is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Short Term Insurance players cover UnitedHealthcare, OUTsurance, National General, The IHC Group, Cuvva, Aviva, PSG Konsult Ltd, State Farm and National Health Insurance Company, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Short Term Insurance market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
By Product
Homeowner Insurance
Household Insurance
Vehicle Insurance
Personal Liability Insurance
Others
By Term
1 Month
2 Months
3 Months
4 Months
5 Months
6 Months
6-12 Months

Segmentation by application
Individual
Group

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
UnitedHealthcare
OUTsurance
National General
The IHC Group
Cuvva
Aviva
PSG Konsult Ltd
State Farm
National Health Insurance Company
SBI Holdings
Santam
USAA
Lidwala Insurance
Liberty Mutual
Chubb
CPIC
AIG
VIVA VIDA
Aeon Life

Please note: The report will take approximately 2 business days to prepare and deliver.