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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Other statistics that may interest you Insurance industry in the Philippines
Overview
4
- Premium Statistic GVA from insurance and pension funding Philippines 2018-2023
- Premium Statistic Insurance penetration Philippines 2016-2023
- Premium Statistic Export value of insurance and pension services Philippines 2018-2023
- Premium Statistic Number of licensed insurance companies Philippines 2016-2022
Key indicators
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- Premium Statistic Premiums of the insurance industry Philippines 2016-2023
- Premium Statistic GNI contribution of the insurance premiums Philippines 2013-2022
- Premium Statistic Assets of the insurance industry Philippines 2013-2023
- Premium Statistic Net worth of the insurance sector Philippines 2014-2023
- Premium Statistic Insurance density Philippines 2022, by type
Life insurance
4
- Premium Statistic Premium income of life insurance industry Philippines 2016-2022
- Premium Statistic Sum assured of life insurance industry Philippines 2016-2022
- Premium Statistic Insurance density of life insurance and MBA Philippines 2013-2022
- Premium Statistic Number of newly insured people with a life insurance Philippines 2016-2022
Pre-need insurance
4
- Premium Statistic Number of pre-need insurance plans sold Philippines 2023, by type
- Premium Statistic Assets of pre-need insurance sector Philippines 2020-2023
- Premium Statistic Net worth of pre-need insurance sector Philippines 2020-2023
- Premium Statistic Premium income of pre-need insurance sector Philippines 2020-2023
Health insurance
6
- Premium Statistic Share of registered members PhilHealth Philippines 2023, by sector
- Premium Statistic Number of beneficiaries of PhilHealth Philippines 2022-2023, by membership category
- Premium Statistic Value of claims paid by PhilHealth Philippines 2023, by membership
- Premium Statistic Premium contributions of PhilHealth members Philippines 2023, by category
- Premium Statistic Total assets of HMOs Philippines 2016-2022
- Premium Statistic Total number of licensed HMOs Philippines 2016-2022
General insurance
8
- Premium Statistic Liabilities of the non-life insurance industry Philippines 2018-2023
- Premium Statistic Net worth of the non-life insurance sector Philippines 2018-2023
- Premium Statistic Non-life insurance density in the Philippines 2013-2022
- Premium Statistic Gross premiums written for non-life insurance Philippines 2015-2021
- Premium Statistic Gross premiums for non-life insurance Philippines 2021, by type
- Premium Statistic Share of direct premiums written for non-life insurance Philippines 2021, by business
- Premium Statistic Gross premiums written for fire insurance Philippines 2015-2021
- Premium Statistic Gross premiums direct business motor car insurance Philippines 2015-2021
Leading companies
6
- Premium Statistic Major life insurance companies Philippines 2023, by premium income
- Premium Statistic Major life insurance companies Philippines 2023, by assets
- Premium Statistic Major health maintenance companies Philippines Q4 2023, by revenue
- Premium Statistic Major non-life insurance companies Philippines 2023, by gross premiums written
- Premium Statistic Major non-life insurance companies Philippines 2023, by assets
- Premium Statistic Major reinsurance brokers Philippines 2022, by premiums produced
Consumer perspective
3
Further related statistics
10
- Rate of return on life insurers' invested assets in the U.S. 2000-2018
- Largest U.S. life insurance companies in 2018, by direct annuity considerations
- Medicare - number of skilled nursing facilities in the U.S. 1967-2021
- Assets under management of Allianz Group 2005-2023
- U.S. life insurance: number of policies in force 2008-2022
- Purchases of life insurance in the U.S. 2018, by state
- Types of mortgages held by U.S. life insurers 2018
- U.S. life insurance: number of individual life policies purchased 2009-2018
- U.S. life insurance: number of group policies purchased 2009-2018
- Share of U.S. Millennials whose monthly expenses were paid by their parents 2014
Further Content: You might find this interesting as well
Statistics
- Rate of return on life insurers' invested assets in the U.S. 2000-2018
- Largest U.S. life insurance companies in 2018, by direct annuity considerations
- Medicare - number of skilled nursing facilities in the U.S. 1967-2021
- Assets under management of Allianz Group 2005-2023
- U.S. life insurance: number of policies in force 2008-2022
- Purchases of life insurance in the U.S. 2018, by state
- Types of mortgages held by U.S. life insurers 2018
- U.S. life insurance: number of individual life policies purchased 2009-2018
- U.S. life insurance: number of group policies purchased 2009-2018
- Share of U.S. Millennials whose monthly expenses were paid by their parents 2014
Manulife Philippines. (April 17, 2023). Types of insurance products that adults in the Philippines have considered purchasing as of January 2023 [Graph]. In Statista. Retrieved June 12, 2024, from https://www.statista.com/statistics/1299332/philippines-leading-insurance-products-among-adults/
Manulife Philippines. "Types of insurance products that adults in the Philippines have considered purchasing as of January 2023." Chart. April 17, 2023. Statista. Accessed June 12, 2024. https://www.statista.com/statistics/1299332/philippines-leading-insurance-products-among-adults/
Manulife Philippines. (2023). Types of insurance products that adults in the Philippines have considered purchasing as of January 2023. Statista. Statista Inc.. Accessed: June 12, 2024. https://www.statista.com/statistics/1299332/philippines-leading-insurance-products-among-adults/
Manulife Philippines. "Types of Insurance Products That Adults in The Philippines Have Considered Purchasing as of January 2023." Statista, Statista Inc., 17 Apr 2023, https://www.statista.com/statistics/1299332/philippines-leading-insurance-products-among-adults/
Manulife Philippines, Types of insurance products that adults in the Philippines have considered purchasing as of January 2023 Statista, https://www.statista.com/statistics/1299332/philippines-leading-insurance-products-among-adults/ (last visited June 12, 2024)
Types of insurance products that adults in the Philippines have considered purchasing as of January 2023 [Graph], Manulife Philippines, April 17, 2023. [Online]. Available: https://www.statista.com/statistics/1299332/philippines-leading-insurance-products-among-adults/