The average Taiwanese holds 3.3 insurance policies, the highest in the world, followed by mainland Chinese with three policies, Vietnamese and Indians with 2.7 policies, South Koreans with 2.3 policies and Japanese with 1.8 policies, according to the findings of a survey released by BNP Paribas Cardif.
In Asia, the survey covered six markets – China, Hong Kong, India, Japan and Vietnam. BNP Paribas Cardif polled 26,000 people in 26 markets (1000 interviews per market) on three continents to assess their need for personal insurance coverage and analyse their behaviours.

However, despite holding the most number of insurance products per person in the world, only 67% of Taiwanese said they feel well-protected in the event of unforeseen accidents, lower than the Asian average of 72%, including 90% for Vietnamese and Indians, and 72% for Chinese, the survey showed.


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