Hey, gamers! FWD Life Insurance just released a cool and very interesting study called “Decoding the Pinoy Gamer” and it’s loaded with some eye-opening facts about our gaming habits and financial strategies.
Here are the top 7 takeaways:
#1 – Big Love for Insurance, But Little Action
- 85% of Filipino gamers know insurance is important, but…
- Only 30% have actually taken steps to protect their financial well-being.
#2 – Gaming Community Stats
- The Philippines boasts over 43 million gamers.
- Most are Gen Zs and millennials.
- The community grew by 14.3% between 2020 and 2023.
#3 – Diverse Gaming Habits
- Gamers are split into categories:
- Fans (34%)
- Casuals (30%)
- Enthusiasts (20%)
- Influencers (13%)
- Pros (4%)
- Fans and Casuals play less, while Enthusiasts, Influencers, and Pros are big spenders and leaders in the gaming world.
#4 – Health Concerns in Gaming
- Despite many rating their health as good, gamers face issues like:
- Eye strain (41%)
- Insomnia (17%)
- Migraines (15%)
- Mental health and relationships can also take a hit during tough gaming sessions.
#5 – Big Dreams and Smart Savings
- Gamers have ambitious goals:
- Fans: 73% want to build their own houses.
- Enthusiasts: 70% aim to start their own businesses.
- Most gamers are savvy with their money, preferring savings accounts and life insurance.
#6 – The Insurance Knowledge Gap
- Only 3 in 10 gamers own an insurance policy.
- 2 in 5 gamers feel they lack adequate knowledge about insurance products.
#7 – FWD’s Initiatives for Gamers
- FWD Philippines launched “The One”, a customizable insurance product for gamers.
- They also became the official insurer for pro athletes in the Mobile Legends: Bang Bang Professional League (MPL-PH) Season 12.
- These efforts have increased gamer policyholders and show FWD’s dedication to supporting the gaming community.
For the full scoop, check out FWD Philippines’ study at fwd.com.ph/gamer-insurance. Game on and protect those life goals, gamers!