(MoneyNewsWire.Net, July 02, 2016 ) About the Micro insurance Market
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.
Technavios analysts forecast the global microinsurance market to grow at a CAGR of 8.2% during the period 2016-2020.
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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
Technavio'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.
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Table of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights Microinsurance: Overview Key players in microinsurance value chain Microinsurance transaction Role of policy and regulation in shaping the business environment of the microinsurance sector Difference between traditional insurance and microinsurance PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Geographical segmentation Geographical segmentation 2015 Geographical segmentation 2020 APAC Americas EMEA
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