In light of the current public health crisis, GCash seeks to help in the battle against COVID-19 by spreading awareness and making insurance more affordable to Filipinos through a convenient platform. GCash users can say goodbye to the conventional insurance plans because through GCash Insure, everything is at the tip of their fingertips.
While the insurance industry has long been established in the Philippines, studies show that only 16-percent of middle to upper-income Filipinos availed of insurance. For most people, insurance is seen as an unnecessary expense and is not accessible for those with lower income.
GCash Insurance provides GCash users with valuable financial protection for medical emergencies, accidents and/or death. For as low as P39 a month, GCash subscribers can avail of a plan and live a worry-free life at a worry-free price.
GCash partnered with MicroEnsure Philippines, a leading microinsurance brokerage in the world, to provide Filipinos access to insurance underwritten by top insurance provider AXA Philippines, for this innovative offering. GCash Insurance is a comprehensive insurance product of Life, Personal Accident, and Daily Hospital Income insurance for its users. Thus, GCash subscribers are guaranteed topnotch financial protection in the age of COVID-19.
Fully verified GCash users aged 18 to 65 years can easily avail of this by sending SMS Code INSUREME39 to these numbers: (2158-9628 for Globe and 22565-9628 for Non-Globe). After one to two days, a confirmation SMS will be sent to the user and fees can be automatically deducted from the GCash Account.
Once insured, the insurance benefits related to COVID-19 can be availed of, since it exclusively covers cases related to the novel coronavirus. Users can claim these benefits through email by attaching the necessary documents and sending them to [email protected]. The entire process beats the traditional way of getting insurance since you can skip the long lines.
By providing a much more affordable alternative to conventional insurance products, GCash is helping safeguard Filipinos from emergency situations without breaking the bank.
