Domestic Worker Insurance Market Report 2025

The domestic worker insurance market size has grown strongly in recent years. It will grow from $3.51 billion in 2024 to $3.79 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth during the historical period was driven by the increasing demand for affordable household help, expansion of the informal employment sector, greater awareness of domestic worker exploitation, rising advocacy for labor protections, and growth in domestic service contracts.

The domestic worker insurance market size is expected to see strong growth in the next few years. It will grow to $5.05 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The projected growth during the forecast period is driven by rising demand for in-home care services, an increasing number of migrant domestic workers, stronger legal requirements for employer coverage, greater awareness of worker rights, and the expansion of middle-class household hiring. Key trends include the advancement of digital insurance platforms, development of region-specific policies, innovation in bundled household insurance packages, improvements in regulatory enforcement mechanisms, and the adoption of AI-based claim processing systems.

The rising incidence of work-related injuries is expected to drive growth in the domestic worker insurance market. Work-related injuries refer to physical harm or health conditions that occur while performing job duties. The increase in such injuries is largely due to insufficient safety measures and a lack of protective equipment in domestic work environments, raising the risk of accidents during routine household tasks. Domestic worker insurance provides financial support for medical care and recovery, ensuring proper treatment for workers while protecting employers from unexpected expenses. For example, in 2022, the United States recorded 5,486 fatal work-related injuries, a 5.7% increase from 5,190 fatalities in 2021, according to the Bureau of Labor Statistics. This high incidence of workplace injuries is fueling the market’s growth.

Companies in the domestic worker insurance sector are leveraging strategic partnerships to offer tailored insurance solutions. These collaborations allow organizations to combine strengths, enhance capabilities, and drive innovation. In December 2023, Surer, a Singapore-based digital insurance platform, partnered with Etiqa Insurance to launch Go-Helper, a customizable migrant domestic worker (MDW) insurance product. The plan allows intermediaries to select from 12 coverage options, including outpatient care, repatriation, termination, and traditional Chinese medicine treatments, providing flexibility to meet specific needs. This partnership builds on previous collaborations in motor insurance and supports employment agencies with digital tools for easier plan recommendations.

In September 2022, AXA Hong Kong partnered with HSBC Life International Limited to launch HelperShield Insurance, offering comprehensive protection for domestic helpers. The coverage includes clinical expenses, fraud, replacement costs, and optional critical illness benefits. Through this partnership, HSBC enhances user experience with streamlined digital services and provides inclusive insurance solutions for both foreign and local helpers, including postnatal care workers. HSBC Life International Limited specializes in digital life insurance solutions.

Major players in the domestic worker insurance market are Axa SA, HSBC Insurance Holdings Limited, American International Group Inc., Chubb Limited, AIA Group Limited, Manulife Limited, China Taiping Insurance Pte. Ltd., Great Eastern Holdings Limited, Income Insurance Limited, FWD Singapore Pte. Ltd, Allied World Assurance Company Ltd, Etiqa Insurance Pte. Ltd, Liberty Insurance Pte. Ltd., ERGO Insurance Pte. Ltd., Lonpac Insurance Bhd, United Overseas Insurance Limited, EQ Insurance Company Ltd, MSIG Insurance Co. Ltd, HL Assurance Pte. Ltd., and Raffles Health Insurance Pte. Ltd.

North America was the largest region in the domestic worker insurance market in 2024. The regions covered in domestic worker insurance report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the domestic worker insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the social services market by increasing costs for essential goods, assistive devices, and digital infrastructure - critical components often imported from tariff-affected regions. Providers of healthcare, elderly care, and community support services now face squeezed budgets, as many government contracts and funding arrangements limit their ability to pass on higher costs. The uncertainty has also delayed investments in digital transformation and telehealth platforms, hindering efforts to expand service accessibility and efficiency. To adapt, organizations are prioritizing local sourcing, forming collaborative purchasing agreements to reduce costs, and embracing low-cost digital solutions to maintain service delivery amid fiscal pressures.

Domestic worker insurance is a policy designed to provide financial protection for domestic workers in the event of accidental injury, illness, disability, or death while performing their duties. It offers security for both workers and employers by covering unexpected incidents that may occur during employment.

The main types of coverage under domestic worker insurance include health insurance, liability insurance, disability insurance, life insurance, and others. Health insurance ensures timely medical care by covering hospitalization, consultations, diagnostic tests, and medications, reducing the financial burden on employers. Policies can be individual or group-based and are distributed through various channels, including online platforms, insurance brokers, direct sales, and more. The insurance is commonly used for maids, nannies, and other domestic staff, with households, agencies, and similar organizations serving as the primary end-users.

The domestic worker insurance market research report is one of a series of new reports that provides domestic worker insurance market statistics, including the domestic worker insurance industry global market size, regional shares, competitors with the domestic worker insurance market share, detailed domestic worker insurance market segments, market trends, opportunities, and any further data you may need to thrive in the domestic worker insurance industry. This domestic worker insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The domestic worker insurance market includes revenues earned by entities through income replacement support, emergency assistance services, repatriation and funeral assistance, and counseling and mental health support. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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