Popular insurance products among adults Philippines 2023

Published by
Christy Balita,
May 23, 2024
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

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

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

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Insurance industry in the Philippines "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Insurance industry in the Philippines

Overview

4

Key indicators

5

Life insurance

4

Pre-need insurance

4

Health insurance

6

General insurance

8

Leading companies

6

Consumer perspective

3

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Insurance industry in the PhilippinesDemographics of the PhilippinesNatural disasters in the PhilippinesHealthcare in the Philippines Pharmaceutical market in the Philippines
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.