Product Code: ETC10917601 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Term Life Insurance Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Term Life Insurance Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Term Life Insurance Market - Industry Life Cycle |
3.4 Philippines Term Life Insurance Market - Porter's Five Forces |
3.5 Philippines Term Life Insurance Market Revenues & Volume Share, By Policy Type, 2021 & 2031F |
3.6 Philippines Term Life Insurance Market Revenues & Volume Share, By Coverage Duration, 2021 & 2031F |
3.7 Philippines Term Life Insurance Market Revenues & Volume Share, By Premium Type, 2021 & 2031F |
3.8 Philippines Term Life Insurance Market Revenues & Volume Share, By Beneficiary, 2021 & 2031F |
3.9 Philippines Term Life Insurance Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Term Life Insurance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of life insurance in the Philippines |
4.2.2 Growing disposable income and financial literacy among the population |
4.2.3 Favorable regulatory environment supporting the insurance industry in the country |
4.3 Market Restraints |
4.3.1 Low penetration rate of life insurance in the Philippines compared to other countries |
4.3.2 Intense competition among insurance providers leading to pricing pressures |
4.3.3 Economic uncertainties affecting consumer spending and investment decisions |
5 Philippines Term Life Insurance Market Trends |
6 Philippines Term Life Insurance Market, By Types |
6.1 Philippines Term Life Insurance Market, By Policy Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Term Life Insurance Market Revenues & Volume, By Policy Type, 2021 - 2031F |
6.1.3 Philippines Term Life Insurance Market Revenues & Volume, By Renewable Term, 2021 - 2031F |
6.1.4 Philippines Term Life Insurance Market Revenues & Volume, By Convertible Term, 2021 - 2031F |
6.2 Philippines Term Life Insurance Market, By Coverage Duration |
6.2.1 Overview and Analysis |
6.2.2 Philippines Term Life Insurance Market Revenues & Volume, By 10 Years, 2021 - 2031F |
6.2.3 Philippines Term Life Insurance Market Revenues & Volume, By 20 Years, 2021 - 2031F |
6.3 Philippines Term Life Insurance Market, By Premium Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Term Life Insurance Market Revenues & Volume, By Fixed Premium, 2021 - 2031F |
6.3.3 Philippines Term Life Insurance Market Revenues & Volume, By Increasing Premium, 2021 - 2031F |
6.4 Philippines Term Life Insurance Market, By Beneficiary |
6.4.1 Overview and Analysis |
6.4.2 Philippines Term Life Insurance Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.4.3 Philippines Term Life Insurance Market Revenues & Volume, By Family, 2021 - 2031F |
6.5 Philippines Term Life Insurance Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Term Life Insurance Market Revenues & Volume, By Online Brokers, 2021 - 2031F |
6.5.3 Philippines Term Life Insurance Market Revenues & Volume, By Direct Agents, 2021 - 2031F |
7 Philippines Term Life Insurance Market Import-Export Trade Statistics |
7.1 Philippines Term Life Insurance Market Export to Major Countries |
7.2 Philippines Term Life Insurance Market Imports from Major Countries |
8 Philippines Term Life Insurance Market Key Performance Indicators |
8.1 Average policy tenure indicating customer retention and satisfaction |
8.2 Net promoter score (NPS) reflecting customer loyalty and likelihood to recommend |
8.3 Claim settlement ratio demonstrating the insurer's reliability and trustworthiness |
9 Philippines Term Life Insurance Market - Opportunity Assessment |
9.1 Philippines Term Life Insurance Market Opportunity Assessment, By Policy Type, 2021 & 2031F |
9.2 Philippines Term Life Insurance Market Opportunity Assessment, By Coverage Duration, 2021 & 2031F |
9.3 Philippines Term Life Insurance Market Opportunity Assessment, By Premium Type, 2021 & 2031F |
9.4 Philippines Term Life Insurance Market Opportunity Assessment, By Beneficiary, 2021 & 2031F |
9.5 Philippines Term Life Insurance Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Term Life Insurance Market - Competitive Landscape |
10.1 Philippines Term Life Insurance Market Revenue Share, By Companies, 2024 |
10.2 Philippines Term Life Insurance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |