According to a survey conducted in China in 2021, wealth management insurance was the most purchased insurance type among respondents born in the 1990s. In comparison, 46 and 51 percent of respondents born in the 1970s and 1980s bought health insurance, the highest among all insurance types.
Types of insurance purchased by consumers in China as of August 2021, by age group
multiple-choice question; among residents from Tier-1 to Tier-5 cities
Method of interview
Questionnaire
Supplementary notes
Among all respondents, 20 to 30 years old accounted for 15 percent, 31 to 40 years old occupying 45 percent, 41 to 50 years old occupying 30 percent and 51 to 60 years old representing 10 percent.
Insurance types: based on consumer’s perception of insurance types in interviews.
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199IT. (November 24, 2021). Types of insurance purchased by consumers in China as of August 2021, by age group [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1306451/china-preferred-types-of-insurance-by-age-group/
199IT. "Types of insurance purchased by consumers in China as of August 2021, by age group." Chart. November 24, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1306451/china-preferred-types-of-insurance-by-age-group/
199IT. (2021). Types of insurance purchased by consumers in China as of August 2021, by age group. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1306451/china-preferred-types-of-insurance-by-age-group/
199IT. "Types of Insurance Purchased by Consumers in China as of August 2021, by Age Group." Statista, Statista Inc., 24 Nov 2021, https://www.statista.com/statistics/1306451/china-preferred-types-of-insurance-by-age-group/
199IT, Types of insurance purchased by consumers in China as of August 2021, by age group Statista, https://www.statista.com/statistics/1306451/china-preferred-types-of-insurance-by-age-group/ (last visited December 22, 2024)
Types of insurance purchased by consumers in China as of August 2021, by age group [Graph], 199IT, November 24, 2021. [Online]. Available: https://www.statista.com/statistics/1306451/china-preferred-types-of-insurance-by-age-group/
