Respondents' average spend on life and medical insurance per month in Malaysia 2019

Published by Statista Research Department, Oct 5, 2022
According to a survey conducted in Malaysia in 2019, about 45 percent of respondents spent above 200 Malaysian Ringgit for their life insurance premium per month. In 2018, about 56 percent of Malaysian respondents stated that they would use a device, tracker or app as part of their treatment plan if their insurance recommended it, while 34 percent wouldn't consider the usage on their insurance's recommendation.

Average monthly life and medical insurance premium spendings among respondents in Malaysia as of October 2019 (in Malaysian ringgit)

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Sources

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Release date

October 2019

Region

Malaysia

Survey time period

October 2019

Number of respondents

1,101 respondents

Age group

20-60 years

Method of interview

Online panel

Supplementary notes

Original question: "How much do you normally spend for all your meals in one day?"

1 Malaysian ringgit (RM) is equal to 0.24 U.S dollars and 0.22 euros as of November 2019.

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