Topic: microinsurance market share

Microinsurance Market Overview: Microinsurance is a type of insurance that is designed for low-income individuals and families. It offers protection against specific risks, such as death, illness, or loss of assets. Microinsurance premiums are typically low and affordable, and the coverage is often limited. The global microinsurance market is expected to grow from USD 91.2 billion in 2023 to USD 147.6 billion by 2032, at a CAGR of 6.20% during the forecast period. ...