GCash was first launched in 2004 by Globe Telecom offering an SMS-based domestic money transfer by allowing users to convert their cash to e-money and vice versa via authorized outlets like sari-sari stores.
In 2012, GCash mobile application was introduced and since then, it continues to grow and become the leading financial mobile application in the country that has multiple features which allow its users to transfer money, pay bills, buy load, shop online, and finally, buy insurance.
In 2019, InsuranceKo (then MicroEnsure Philippines) partnered with GCash and introduced GCash Insure to its users intending to make affordable insurance products attainable through their fingertips, the first one to do so on GCash platform.
Many who have already benefited from GCash Insure noted the comfort of having affordable insurance in a very convenient way. In a survey conducted last July to August 2022, 86% of respondents expressed that they are likely to recommend the products to their family and friends, noting the commendable after-sales & claims servicing they experienced.
GCash Insure (SMS Insure) is an innovative offering for GCash customers which provides valuable financial protection in the event of hospitalization, accident, and/or death, at an affordable prize – starting at Php39. It is underwritten by AXA Philippines, one of the leading insurance companies in the country, and powered by InsuranceKo. It is available inside GInsure in the GCash app.
To see the complete list of products and to know more about GCash SMS Insure, visit https://www.gcash.com/smsinsure or log in to your GCash app, go to GInsure, then tap SMS Insure.
