07/02/2024
Did You Know?
In the Philippines, only 2% is insured.
Only a small sliver of the Philippine population, less than 2%, avails itself of insurance. This is one of the lowest rates in Asia. Access to mobile phones, however, is ubiquitous and, as such, insurance providers are developing mobile applications to serve, and attract, customers better.
In the US and Canada, more than 95% have insurance.
In Japan, almost all Japanese have at least 2 insurance policies.
In Singapore and Hong Kong, people line up in malls so they can get a quote from an Insurance Advisor.
In the Philippines, Insurance is still viewed as an expense.
You will never know the true value unless you heard it from a legit financial advisor.
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