U.S. Premium Finance Market Share Expected to Reach $37,515.84 Million by 2032
- Kaitlin Riley
- Jul 7, 2024
- 1 min read
"The U.S. Premium Finance market size was valued at $17,808.53 million in 2023, and is projected to reach $37,515.84 million by 2032, registering a CAGR of 7.4% from 2024 to 2032."
"Premium financing is a specialized lending solution that offers funds to individuals and businesses to cover their insurance premiums. This strategy allows policyholders to avoid substantial upfront payments, manage their cash flow effectively, and gain tax benefits and asset protection."
Learn more about Premium Financing and the growth the market is expecting over the next 8 years in the recent article from Newsires EIN below.
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