3 in 4 respondents agree insurance has become more important

The COVID-19 pandemic has led to a stronger interest in insurance, with three-fourths of Filipinos surveyed by AIA Group agreeing that insurance has become more important than ever for protection in case of unexpected incidents.

AIA's “Save Smarter Study 2021” finds that more than a quarter (27%) of the 800 Filipinos polled say they plan to increase their allocation of funds to insurance. Of those planning to raise spending on insurance, 80% intend to spend more on life insurance and 60% say they plan to spend more on medical and health insurance.



Source: asiainsurancereview.com