The 2021-28 horse insurance market is seeing rising sales with Madden Equine Insurance, China Pacific Insurance, Kay Cassell Equine Insurance, Wright Group Brokers Ltd, KBIS British Equine Insurance, Philip Baker Insurance Services
A horse owner can insure full loss of use, which covers inadequacy due to accident, illness, injury or illness. Another option that some companies offer is loss of use only due to an external traumatic accident injury (e.g. trailer crash, fall from a jump).
This insurance protects the owner / landlord against the loss of a horse as a result of an insured accident, injury, illness or illness and also covers the theft of the horse.
It offers personalized service for all of its plans, including major medical ones. Major medical plans cover emergency veterinary care for your horse, and there are guidelines with limits up to $ 15,000. It also offers only surgical and colic plans.
As a rule, you can expect premiums of 2.5 to 4 percent of the horse’s value for death benefit insurance. That means, for example, the cost of the annual premium to insure a horse worth $ 7,000 will likely be $ 220-280.
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The main actors portrayed in this report include:
Kay Cassell Equine Insurance, Madden Equine Insurance, China Pacific Insurance (Group) Co, Kay Cassell Equine Insurance, Wright Group Brokers Ltd, KBIS British Equestrian Insurance, Philip Baker Insurance Services, Inc, Gow-Gates Insurance Brokers Pty Ltd, Equine Group, AXA SA, Markel Corporation, Henry Equestrian Insurance Brokers Ltd, Philip Baker Insurance Services, Inc, American Equine Insurance Group, NFU Mutual, Henry Equestrian Plan MGA, County Insurance Services Limited, South Essex Insurance Brokers Ltd & Hare, Chase & Heckman.
The report is aimed at various stakeholders in the Horse Insurance Market industry including investors, suppliers, product manufacturers, distributors, newcomers, and financial analysts. The insights from this report would enable marketers and business administrators to make informed decisions regarding future product launches, technology upgrades, market expansions, and marketing tactics. The stakeholders would have easy decision making through various strategy matrices used in analyzing the horse insurance market.
The study is divided into the following product type:
- Great health insurance
- Surgical insurance
- Total Mortality Insurance
- Limited mortality insurance
- Loss of use insurance
- Personal liability insurance
The main application / end-user industries are as follows:
With industry-standard accuracy in analysis and high data integrity, the report is a brilliant attempt to highlight key opportunities in the equine insurance market to help players build strong market positions. Buyers of the report can access verified and reliable market forecasts including those for the overall size of the Horse Insurance Market in terms of sales.
The report offers a comprehensive geographic analysis of the Horse Insurance market that covers key regions namely North America, Europe, China, and Japan. It also covers major countries (regions) namely the USA, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, United Arab Emirates, etc.
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The occurrence of the COVID-19 outbreak has had an unprecedented impact on market scenarios across multiple lines of business across the industries. However, that time will soon pass. Increasing support from state administration, favorable government initiatives, research institutes, clinics and health systems, and several organizations can help in the fight against this COVID-19 pandemic.
- The report offers a qualitative and quantitative analysis of the current market trends, forecasts and market size from 2021 to 2028 to identify new opportunities.
- Porter’s Five Forces Analysis highlights the power of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- The main influencing factors and large investments are highlighted in the research.
- The most important countries in each region are analyzed and their contribution to sales is stated.
- The market participant positioning segment provides an understanding of the current position of the market participants active in the market.
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