Over three (3) years after GCash Insure (SMS Insure) was launched by GCash, InsuranceKo and AXA, the program continues to grow with over 250,000 Filipinos covered with insurance by mid-2022.
Jelle Kyra Mae Villareal, a hardworking young professional from Camiguin is one of the many GCash users who availed this insurance. Jelle was at first hesitant of enrolling but later thought of its importance and benefits after checking the product’s details in GCash’ website.
She opted in via SMS to GCash Family Monthly Platinum, a product that covers the policyholder and his/her two dependents with PHP 200,000.00 Life, PHP 200,000.00 Personal Accident, and PHP 10,000.00 HospiCash insurance. She registered her parents as her dependents.
Ms. Villareal personally experienced the importance of insurance when her mother passed away. She processed the necessary documents for her claim and received the benefit amount few days after the approval of her claim. When asked how the amount would help her and her family, she said that she will use it to renovate their house, a promise she made to her mother when the latter was still alive. “I am happy with my decision to have insurance and be a testimony of its benefits so others can learn about it and benefit from it too.” Ms. Villareal said. “Now, my friends are asking me how they can enroll to the same insurance too”, she added.
GCash Insure (SMS Insure) is a comprehensive insurance product of Life, Personal Accident (PA) and Daily Hospital Income (DHI) insurance for GCash users. It is an innovative offering which provides valuable financial protection in the event of hospitalization, accident, and/or death. GCash Insure is powered by InsuranceKo and underwritten by AXA, both leading players in the industry. It is available in GInsure inside the GCash app. GCash users may browse for product options and enroll by simply sending the product code via SMS. For more information, visit httpps://www.gcash.com/smsinsure
