GCash, the country's leading finance app, has a new promotion for loyal users! With every Buy Load transaction by eligible users, you will get free health and accident insurance from FPG Insurance with the help of GInsure.
According to Winsley Bangit, VP of GCash New Businesses, their goal is to make financial protection accessible to every Filipino. Even a simple purchase of prepaid load comes with benefits like accidental health coverage—free!
When you buy load, you immediately get Php 10,000 accidental death coverage, and it can reach Php 30,000 when you buy eligible load three times. There are also additional benefits such as Php 500/day income support when hospitalized, and Php 10,000 disablement benefit as a safety net.
For Ren-Ren Reyes, CEO of G-Xchange Inc., this is a great help to ease the burden during an emergency. It not only covers medical bills, but also provides income support while recovering.
Currently, only about 2% of the population in the Philippines has insurance. With the number of GCash Buy Load users, this is a big step towards making it affordable for more Filipinos to be protected—or in this case, for free!
