Policies in force of small amount and short-term insurers in Japan FY 2016-2021
In the fiscal year 2021, insurance policies in force of small amount and short-term insurance companies in Japan reached around 10.5 million, up by 10 percent compared to fiscal 2020.
Small amount and short-term insurance companies offer so-called mini insurance products with low premiums. Depending on the type of product, the period of insurance ranges from one to two years, and insurance benefits are limited to certain amounts.
Small amount and short-term insurance companies offer so-called mini insurance products with low premiums. Depending on the type of product, the period of insurance ranges from one to two years, and insurance benefits are limited to certain amounts.
