In a recent survey conducted among insurance owners, a life insurance product was the most considered insurance product in the Philippines. In 2018, average spending on life insurance products was around two thousand pesos. Such spending has increased over the past years.
Share of preferred insurance products among insurance owners in the Philippines as of 2020, by type
Characteristic
Share of respondents
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Manulife Philippines. (August 13, 2020). Share of preferred insurance products among insurance owners in the Philippines as of 2020, by type [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1166577/philippines-preferred-insurance-products-among-insurance-owners-by-type/
Manulife Philippines. "Share of preferred insurance products among insurance owners in the Philippines as of 2020, by type ." Chart. August 13, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1166577/philippines-preferred-insurance-products-among-insurance-owners-by-type/
Manulife Philippines. (2020). Share of preferred insurance products among insurance owners in the Philippines as of 2020, by type . Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1166577/philippines-preferred-insurance-products-among-insurance-owners-by-type/
Manulife Philippines. "Share of Preferred Insurance Products among Insurance Owners in The Philippines as of 2020, by Type ." Statista, Statista Inc., 13 Aug 2020, https://www.statista.com/statistics/1166577/philippines-preferred-insurance-products-among-insurance-owners-by-type/
Manulife Philippines, Share of preferred insurance products among insurance owners in the Philippines as of 2020, by type Statista, https://www.statista.com/statistics/1166577/philippines-preferred-insurance-products-among-insurance-owners-by-type/ (last visited August 24, 2024)
Share of preferred insurance products among insurance owners in the Philippines as of 2020, by type [Graph], Manulife Philippines, August 13, 2020. [Online]. Available: https://www.statista.com/statistics/1166577/philippines-preferred-insurance-products-among-insurance-owners-by-type/