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Surprising Insights from FWD Insurance’s Study on Filipino Gamers

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 Game on and protect those life goals, gamers!