EastWest Ageas

June 23, 2025, Manila, Philippines – Despite growing financial awareness, many Filipinos remain underinsured, with the country’s insurance penetration rate at just 1.89%, well below the 7% global average. The hyper-saturated landscape, high premiums, and complex policy terms often make insurance seem like an added expense rather than a practical investment. Policyholders, especially first-time buyers,