Ownership of life insurance policy in Malaysia 2024

Published by
Amanda Siddharta,
Nov 13, 2024

According to a survey on financial literacy conducted in Malaysia, as of September 2024, nearly half of the respondents said they owned a life insurance policy. Meanwhile, another 41 percent of respondents said they did not own life insurance.

Ownership of life insurance policy among respondents in Malaysia as of September 2024

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Release date

September 2024

Region

Malaysia

Survey time period

September 2024

Number of respondents

3,211 respondents

Age group

18 years and older

Supplementary notes

Original question: "Do you have a life insurance policy/Takaful contract?"

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Statistics on " Insurance industry in Malaysia "

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Other statistics that may interest you Insurance industry in Malaysia

Overview

4

Life insurance

5

Non-life insurance

4

Health and accident insurance

5

Motor insurance

3

Takaful

4

Leading companies

6

Consumer perspective

3

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Topics

Insurance industry in MalaysiaHealth in MalaysiaDemographics of MalaysiaDigital payments in MalaysiaBanking industry in Malaysia
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