GCash, a leading finance supper app, has partnered with Chubb Insurance to offer “online shopping protect (OSP) to protect Filipinos against fraudulent sellers.
“While we continue working towards making our finance for all vision a reality, we also want to ensure we protect our customers in every way possible,” said Winsley Bangit, GCash vice president for new businesses.
“With OSP, we aim to lessen fraudulent incidents such as delivery scams for items that are paid with GCash. We also made sure this is made affordable and accessible for all via GInsure,”he added.
For only P34, users have 60-day cover of up to P20,000 for all their online purchases. The insurance covers scenarios when orders are not delivered, accidentally damaged, not as described, or stolen.
This insurance is pre-ticked when GCash is chosen as the mode of payment, making it possible to seamlessly incorporate protection coverage into online transactions done across 1,500 online shops, including popular e-commerce platforms such as Shopee, Zalora, and TikTok.
Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.
