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Personal Finance News Releases
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(MoneyNewsWire.Net, July 18, 2016 ) Microinsurance products are coverage policies targeted at households with low-income levels. These plans provide tailored insurance policies for individuals with little or small saving plans. They offer lower value assets and compensation for injury, illness, or death to a person compared to other insurance policies. Microinsurance companies assist the not so well off by offering insurance plans that are tailored to their specific needs. The coverage value of the policy is lower than a typical insurance plan. Therefore, the insured customer pays considerably smaller premiums to the insurance company. The presence of the microinsurance market is strong in developing countries with high growing opportunities.
Publisher's analysts forecast the global microinsurance market to grow at a CAGR of 8.2% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-micro-insurance-market-2016-2020 . Covered in this report The report covers the present scenario and the growth prospects of the global microinsurance market for 2016-2020. To calculate the market size, we consider the total amount of microinsurance from the Americas, APAC, and EMEA. The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Microinsurance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Alternative Insurance Company - Bajaj Allianz - IFFCO Tokio General Insurance - Mapfre - Pioneer Life
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001291748/sample . Other prominent vendors - HDFC Ergo - Hollard Insurance - MicroEnsure - NSIA Insurance - PNB MetLife - Protecta - Tata AIA Life
Market driver - Different valuation strategies - For a full, detailed list, view our report
Market challenge - Difficulty in credit assessment of the insured - For a full, detailed list, view our report
Market trend - Microinsurance becoming mandatory - For a full, detailed list, view our report
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001291748/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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