How many percentage are insured in the Philippines?

How many percentage are insured in the Philippines?

In 2019, the insurance penetration rate in the Philippines was around 3.04 percent. Over the last few years, the insurance industry has seen a steady development owing to the ratio of premiums underwritten for both life and general insurance. Jul 12, 2021

See also  Is it better to pay off one credit card or reduce the balances on two?