Philippine Statistics Authority

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    Date: 2023-08-31 11:36:11.245246

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The number of millennials who have life insurance

Requested from PSA by G. Navarro at 11:36 AM on Aug 31, 2023.
Purpose: Thesis
Date of Coverage: 01/01/2020 - 08/31/2023
Tracking no: #PSA-816194347163

Navarro 11:36 AM, Aug 31, 2023 

Hi! I would like to request for information regarding:

1) The number of millennials who have life insurance in the last 3 years

2) The percentage of millennials who have life insurance in the last 3 years

Nisperos 02:55 PM, Oct 16, 2023 

October 16, 2023

Dear Gedah Navarro,

Greetings!

Thank you for your request dated Aug 31, 2023 11:36:11 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

You asked for The number of millennials who have life insurance.

Your FOI request is approved.

Our apologies for the delayed response.
We regret to inform you that we do not have specific data on this.
Our related data on this are limited to the following:

Family Income and Expenditure Survey (FIES)
https://psa.gov.ph/statistics/income-expenditure/fies
https://psa.gov.ph/statistics/income-expenditure/fies/stat-tables
https://psa.gov.ph/statistics/income-expenditure/fies/index
https://library.psa.gov.ph/cgi-bin/koha/opac-search.pl?q=se,phr:%22FIES%20-%20Family%20Income%20and%20Expenditure%20Survey%22

Highlights of the Preliminary Results of the 2021 Annual Family Income and Expenditure Survey
https://psa.gov.ph/statistics/income-expenditure/fies/node/1684059678

2018 Family Income and Expenditure Survey
https://library.psa.gov.ph/cgi-bin/koha/opac-detail.pl?biblionumber=15584&query_desc=se%2Cphr%3A%22FIES%20-%20Family%20Income%20and%20Expenditure%20Survey%22

National Demographic and Health Survey (NDHS)
https://psa.gov.ph/statistics/national-demographic-health-survey
https://psa.gov.ph/statistics/national-demographic-health-survey/index
https://psa.gov.ph/statistics/national-demographic-health-survey/stat-tables
https://library.psa.gov.ph/cgi-bin/koha/opac-search.pl?q=se,phr:%22NDHS%20-%20National%20Demographic%20and%20Health%20Survey%22

2022 Philippine National Demographic and Health Survey
12.1.1 Health Insurance Coverage
https://library.psa.gov.ph/cgi-bin/koha/opac-detail.pl?biblionumber=15634&query_desc=se%2Cphr%3A%22NDHS%20-%20National%20Demographic%20and%20Health%20Survey%22

Philippine Statistical Yearbook
https://psa.gov.ph/philippine-statistical-yearbook

2022 Philippine Statistical Yearbook (PSY)
https://psa.gov.ph/system/files/psy/%28ons-cleared%29_psy2022_manuscript_June29_ONSF%20%281%29-signed.pdf

Chapter 12: Social Services
Table 12.7 Coverage and Contributions Received by Government Service Insurance System: 1984 to 2021
https://psa.gov.ph/system/files/psy/12_2022.xlsx

Chapter 16: Banking and Finance
Table 16.13 Financial Condition of the Government Service Insurance System: 2007 to 2021
https://psa.gov.ph/system/files/psy/16_2022.xlsx

You may also refer to 12.5.1 Life Insurance of 2009 Philippine Classification of Individual Consumption According to Purpose through this link https://psa.gov.ph/classification/pcoicop/group/12.5

You may also refer to Insurance Commission through this link https://www.insurance.gov.ph/

We would love to hear your Feedback so we can improve our services.  Kindly fill out the PSA Customer feedback form from this link: https://tinyurl.com/OnlineCSSForm.

Thank you.

Respectfully,

Rene C. Mendoza
(Assistant National Statistician)
Officer-in-Charge
Information Technology and Dissemination Service

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