Preferred type of insurance Philippines 2021, by segment

Preferred type of insurance among consumers in the Philippines as of August 2021, by segment

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Source

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Release date

December 2021

Region

Philippines

Survey time period

May and August 2021

Supplementary notes

The survey was conducted among consumers in the various countries including the Philippines. No information on the number of survey participants or the type of survey was provided by the source.

The respondents were classified into two segments: most impact and less impacted. According to the source, the most impacted segment in the country is typically younger (or those under 44 years old), with an annual household income of over 249 thousand Philippine pesos and with less than 120 thousand Philippine pesos in investible assets. They are also more likely to hold occupations where it is less feasible to work remotely.

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