Travel insurance for very short missed connection

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No, most insurance plans wouldn't cover that because you've chosen to take a tight connection. It's highly probable you will miss the flight. It's difficult to consider that in the rating process.

Some airlines (like Air Canada) sell insurance products of their own that insure against delays and the like. These products are the ones with the highest probability of covering this situation. Even then, it's not certain; you'd want to read the policy wordings carefully.

Personally, I'd recommend booking a set of flights with a longer connection. If you originally had a longer connection, and the airline has rescheduled you, you should be able to rebook for free to something that will incur a lot less missed-connection risk.

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