According to a survey among Filipino adults conducted in November 2021, 91 percent of respondents recognized the importance of insurance, and 86 percent planned to buy new and additional insurance in the coming year. However, the insurance penetration rate in the country had remained below two percent in 2020.
Outlook on insurance and retirement plans among adults in the Philippines as of November 2021
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Manulife Philippines. (January 27, 2022). Outlook on insurance and retirement plans among adults in the Philippines as of November 2021 [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1287857/philippines-insurance-outlook-among-adults/
Manulife Philippines. "Outlook on insurance and retirement plans among adults in the Philippines as of November 2021." Chart. January 27, 2022. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1287857/philippines-insurance-outlook-among-adults/
Manulife Philippines. (2022). Outlook on insurance and retirement plans among adults in the Philippines as of November 2021. Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1287857/philippines-insurance-outlook-among-adults/
Manulife Philippines. "Outlook on Insurance and Retirement Plans among Adults in The Philippines as of November 2021." Statista, Statista Inc., 27 Jan 2022, https://www.statista.com/statistics/1287857/philippines-insurance-outlook-among-adults/
Manulife Philippines, Outlook on insurance and retirement plans among adults in the Philippines as of November 2021 Statista, https://www.statista.com/statistics/1287857/philippines-insurance-outlook-among-adults/ (last visited April 26, 2024)
Outlook on insurance and retirement plans among adults in the Philippines as of November 2021 [Graph], Manulife Philippines, January 27, 2022. [Online]. Available: https://www.statista.com/statistics/1287857/philippines-insurance-outlook-among-adults/