More Filipinos are getting Life Insurance!
This fact just blows my mind away! Truly the Philippines is at the brink of even greater things! In just 6 years our country’s yearly insurance premium income have more than doubled from just 55 Billion Pesos in 2006 to a whopping 119 Billion last 2012!
This statistic tells us that:
1. More Filipinos are seeing the value of insurance as a need rather than a want
2. More Filipinos see that getting Life insurance is the responsible thing to do
3. More Filipinos are willing to include Life insurance as part of their yearly budgets
4. Financial literacy and education works
5. There’s so much money moving in our markets that Filipinos have more money to set aside for insurance!
Looking at this I am confident and proud that there are greater days ahead and in store for our country! I look forward to the day when majority of our population will be adequately insured! And I believe that time is coming is sooner than we all think!
We are seeing amazing growth in stocks, the economy and now our insurance industry is posting amazing figures What can I say the best is yet to come for the Philippines! This is our time under the sun to show the world that we are a great and awesome country! If you don’t have Life Insurance yet a highly recommend that you study this so you can also take part of this growth and also protect your family from any curve balls that may come your way!
Lastly I would like to thank,all the insurance agents, staff, and executives who are giving the finest years of their lives to make this country a better place! I believe we would never achieve this great feat without the help of all of you from the insurance industry! Thank you. You do not know how much of an impact you are making in lives of our countrymen! I hope that you never stop and quit if rejections come your way. You guys are our heroes — making this country a better place!
Here’s the ranking of life insurance companies for 2012 based on their premium income!
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