Popular insurance products among adults Philippines 2023

Published by Statista Research Department, May 31, 2023
According to a survey among Filipino adults conducted between December 2022 and January 2023, 36 percent of respondents considered buying health insurance, while 34 percent were interested in life protection insurance. The same survey revealed that positive feedback from family and friends were among the leading motivations for buying an insurance policy.

Types of insurance products that adults in the Philippines have considered purchasing as of January 2023

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Source

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Release date

April 2023

Region

Philippines

Survey time period

December 2022 and January 2023

Number of respondents

1,004 respondents

Age group

25-60 years old

Special properties

amog insurance owners and non-insurance owners who intend to purchase an insurance

Method of interview

Online survey

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Overview

4

Key indicators

4

Life insurance

5

Non-life insurance

6

Consumer perspective

6

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