Insurance Commission

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    Date: 2023-05-16 20:51:53.023485

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    Date: 2023-05-17 09:23:10.930438

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    Date: 2023-05-17 10:48:39.047991

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total number of insured people in the Philippines

Requested from IC by A. Dela Cruz at 08:51 PM on May 16, 2023.
Purpose: research study about insurance strategies
Date of Coverage: 05/16/2023 - 05/16/2023
Tracking no: #IC-205608834315

Dela Cruz 08:51 PM, May 16, 2023

Hi I would like to request for this data:

1. total number of insured people in the Philippines

Ignacio 09:23 AM, May 17, 2023

May 17, 2023

Dear Mr. Dela Cruz,

Thank you for your request dated May 16, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for total number of insured people in the Philippines.

We received your request on May 16, 2023 and will respond on or before Jun 06, 2023 08:51:53 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://foipmo07022020123059-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHAsSB0NvbnRlbnQiD0lDLTIwNTYwODgzNDMxNQw, for request with ticket number #IC-205608834315.

Thank you.

Respectfully,

Edmar Ignacio
FOI Officer

Vinzon 10:48 AM, May 17, 2023

May 17, 2023

Dear Mr. Dela Cruz,

Greetings!

Thank you for your request dated May 16, 2023 08:51:53 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for total number of insured people in the Philippines.

Response to Request

In relation to your request, please be inform that the requested information may be accessed through the Key Data posted in Insurance Commission's website - https://www.insurance.gov.ph/summary-from-2017-2021-preliminary-figures/. 

Per advised of our Statistics and Research Division, the insurance coverage in the PH is found on page 1 under Insurance Development.  Also,  please see note 7 regarding insured lives, as the insured lives data may be an overestimate due to possible inclusion of multiple policies of individuals from two or more companies.

For reference, the population is also found on the same page under Economic Indicators. Total Number of Insured = insurance coverage x population.

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by email at icrecords-foi@insurance.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

The quality of services you deserve matter to us. To help the Insurance Commission monitor the progress in improving its services, we appreciate accomplishing the Customer Satisfaction Surveys (CSS) through the following link: https://bit.ly/ICCustomerSatisfactionSurvey

Thank you.

Respectfully,

Atty. Albert Lawrence Vinzon
FOI Decision Maker

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