Short Term Insurance Market

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

Short Term Insurance Market aims to provide a comprehensive presentation of the global market for Short Term Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Short Term Insurance. Short Term Insurance Market contains market size and forecasts of Short Term Insurance in global, including the following market information:

Global Short Term Insurance Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global top five companies in 2022 (%)

The global Short Term Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.

By Product Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Short Term Insurance include UnitedHealthcare, OUTsurance, National General, The IHC Group, Cuvva, Aviva, PSG Konsult Ltd, State Farm and National Health Insurance Company, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Short Term Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Short Term Insurance Market, by Type, 2018-2023, 2024-2032 ($ millions)

Global Short Term Insurance Market Segment Percentages, by Type, 2022 (%)

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

Global Short Term Insurance Market, by Application, 2018-2023, 2024-2032 ($ millions)

Global Short Term Insurance Market Segment Percentages, by Application, 2022 (%)

Individual

Group

Global Short Term Insurance Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)

Global Short Term Insurance Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Short Term Insurance revenues in global market, 2018-2023 (estimated), ($ millions)

Key companies Short Term Insurance revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Short Term Insurance, market overview.

Chapter 2: Global Short Term Insurance market size in revenue.

Chapter 3: Detailed analysis of Short Term Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Short Term Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.