According to a survey on the attitude towards insurance in the Philippines in June 2023, about 36 percent of respondents stated that they were well-informed about personal insurance and believed that they could benefit from taking advice from an insurance expert. In contrast, 10 percent of respondents could imagine themselves consulting on an algorithm-based digital program for advice on insurance.
Attitude towards insurance among consumers in the Philippines as of June 2023
Other statistics that may interest you Insurance industry in the Philippines
Overview
4
- Premium Statistic GVA from insurance and pension funding Philippines 2018-2023
- Premium Statistic Insurance penetration Philippines 2016-2023
- Premium Statistic Export value of insurance and pension services Philippines 2018-2023
- Premium Statistic Number of licensed insurance companies Philippines 2016-2022
Key indicators
5
- Premium Statistic Premiums of the insurance industry Philippines 2016-2023
- Premium Statistic GNI contribution of the insurance premiums Philippines 2013-2022
- Premium Statistic Assets of the insurance industry Philippines 2013-2023
- Premium Statistic Net worth of the insurance sector Philippines 2014-2023
- Premium Statistic Insurance density Philippines 2022, by type
Life insurance
4
- Premium Statistic Premium income of life insurance industry Philippines 2016-2022
- Premium Statistic Sum assured of life insurance industry Philippines 2016-2022
- Premium Statistic Insurance density of life insurance and MBA Philippines 2013-2022
- Premium Statistic Number of newly insured people Philippines 2016-2022
Health insurance
6
- Premium Statistic Share of registered members PhilHealth Philippines 2023, by sector
- Premium Statistic Number of beneficiaries of PhilHealth Philippines 2022-2023, by membership category
- Premium Statistic Value of claims paid by PhilHealth Philippines 2023, by membership
- Premium Statistic Premium contributions of PhilHealth members Philippines 2023, by category
- Premium Statistic Total assets of HMOs Philippines 2016-2022
- Premium Statistic Total number of licensed HMOs Philippines 2016-2022
General insurance
4
- Premium Statistic Assets of the non-life insurance industry Philippines 2015-2023
- Premium Statistic Liabilities of the non-life insurance industry Philippines 2018-2023
- Premium Statistic Net worth of the non-life insurance sector Philippines 2018-2023
- Premium Statistic Non-life insurance density in the Philippines 2013-2022
Pre-need insurance
4
- Premium Statistic Number of pre-need insurance plans sold Philippines 2023, by type
- Premium Statistic Assets of pre-need insurance sector Philippines 2020-2023
- Premium Statistic Net worth of pre-need insurance sector Philippines 2020-2023
- Premium Statistic Premium income of pre-need insurance sector Philippines 2020-2023
Leading companies
6
- Premium Statistic Major life insurance companies Philippines 2023, by premium income
- Premium Statistic Major life insurance companies Philippines 2023, by assets
- Premium Statistic Major non-life insurance companies Philippines 2023, by gross premiums written
- Premium Statistic Major non-life insurance companies Philippines 2023, by assets
- Premium Statistic Major reinsurance brokers Philippines 2022, by premiums produced
- Premium Statistic Major health maintenance companies Philippines Q4 2022, by revenue
Consumer perspective
6
- Premium Statistic Attitude about insurance Philippines 2023
- Premium Statistic Insurance purchased online Philippines 2023, by type
- Premium Statistic Preferred platforms for purchasing online insurance Philippines 2022
- Premium Statistic Payment channels for investments or insurance payments Philippines 2021
- Premium Statistic Share of banking or insurance app users Philippines 2022
- Premium Statistic Share of people buying travel insurance post-COVID Philippines 2022
Further Content: You might find this interesting as well
Statista. (July 14, 2023). Attitude towards insurance among consumers in the Philippines as of June 2023 [Graph]. In Statista. Retrieved May 03, 2024, from https://www.statista.com/forecasts/1377324/philippines-attitudes-about-insurance
Statista. "Attitude towards insurance among consumers in the Philippines as of June 2023." Chart. July 14, 2023. Statista. Accessed May 03, 2024. https://www.statista.com/forecasts/1377324/philippines-attitudes-about-insurance
Statista. (2023). Attitude towards insurance among consumers in the Philippines as of June 2023. Statista. Statista Inc.. Accessed: May 03, 2024. https://www.statista.com/forecasts/1377324/philippines-attitudes-about-insurance
Statista. "Attitude towards Insurance among Consumers in The Philippines as of June 2023." Statista, Statista Inc., 14 Jul 2023, https://www.statista.com/forecasts/1377324/philippines-attitudes-about-insurance
Statista, Attitude towards insurance among consumers in the Philippines as of June 2023 Statista, https://www.statista.com/forecasts/1377324/philippines-attitudes-about-insurance (last visited May 03, 2024)
Attitude towards insurance among consumers in the Philippines as of June 2023 [Graph], Statista, July 14, 2023. [Online]. Available: https://www.statista.com/forecasts/1377324/philippines-attitudes-about-insurance