According to a survey about the financial impact of COVID-19 on insurance consumers in the Philippines in 2021, 44 percent of respondents stated that they had to dip into their savings to a great degree. The Philippines was a country in the category of emerging markets, where the effects of the financial crisis were usually more severe for consumers.
Share of insurance consumers who suffered from the financial impact of COVID-19 in the Philippines as of August 2021
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.
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EY. (December 9, 2021). Share of insurance consumers who suffered from the financial impact of COVID-19 in the Philippines as of August 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1299937/philippines-financial-impact-of-covid-19-on-insurance-consumers/
EY. "Share of insurance consumers who suffered from the financial impact of COVID-19 in the Philippines as of August 2021." Chart. December 9, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1299937/philippines-financial-impact-of-covid-19-on-insurance-consumers/
EY. (2021). Share of insurance consumers who suffered from the financial impact of COVID-19 in the Philippines as of August 2021. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1299937/philippines-financial-impact-of-covid-19-on-insurance-consumers/
EY. "Share of Insurance Consumers Who Suffered from The Financial Impact of Covid-19 in The Philippines as of August 2021." Statista, Statista Inc., 9 Dec 2021, https://www.statista.com/statistics/1299937/philippines-financial-impact-of-covid-19-on-insurance-consumers/
EY, Share of insurance consumers who suffered from the financial impact of COVID-19 in the Philippines as of August 2021 Statista, https://www.statista.com/statistics/1299937/philippines-financial-impact-of-covid-19-on-insurance-consumers/ (last visited December 22, 2024)
Share of insurance consumers who suffered from the financial impact of COVID-19 in the Philippines as of August 2021 [Graph], EY, December 9, 2021. [Online]. Available: https://www.statista.com/statistics/1299937/philippines-financial-impact-of-covid-19-on-insurance-consumers/
