Igloo, an insurtech company based in Singapore, is now available in the Philippines via e-wallet service GCash.
The Igloo on GCash arrived in the country after the surge of online transactions in the Philippines, which is expected to hit Php3 trillion (Gross) before the year ends. That’s 3x higher than last year’s. This spike can be attributed to the health crisis.
That said, GCash has been one of the main services that people use for online transactions. It lets users send and receive money, pay for online purchases, pay bills, and more.
Now, with Igloo, the leading e-Wallet company in the Philippines is getting a new feature. This Online Shopping Insurance service will give your money back in case you experience online shopping fraud.
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Igloo covers things such as undelivered goods, partial delivery, or if you receive fake items.
The best part is, an Igloo insurance only costs as low as Php15 per month and has coverage as high as Php150,000.
Igloo via GCash Insurance Plans
|Bronze||Php15 per month||up to Php50,000|
|Silver||Php24 per month||up to Php100,000|
|Gold||Php30 per month||up to Php150,000|
How to avail Igloo Shopping Insurance via GCash
Step 1: Open the GCash App.
Step 2: Tap GInsure.
Step 3: Look for Igloo Online Shopping Insurance and choose your plan.