GInsure

Click on the question to learn more about GInsure Bill Protect:

• Who will be the Insured upon payment of the bill?
• To whom is the benefit payable?
• How long will I be covered by availing GInsure Bill Protect?
• Can I enroll in more than one (1) GInsure Bill Protect?
• How much should I pay for my GInsure Bill Protect?
• What is the benefit of this product?
• Who can enroll for GInsure Bill Protect cover?
• How many GInsure Bill Protect insurance cover can I enroll for?
• Is there a maximum transaction limit?
• Can another person apart from the individual whose name is reflected on the bill be insured?
• Are all bill types eligible for GInsure Bill Protect?
• Who is not covered by GInsure Bill Protect?
• How do I know if my policy has been successfully issued?
• I have an issue with my insurance, what do I do?
  

Who will be the Insured upon payment of the bill?

The Insured is the GCash account owner who has successfully paid a selected bill and the premium due for GInsure Bill Protect via his GCash account.

Example: John pays for his father’s bill via his GCash account and enrolls it to GInsure Bill Protect. John is the Insured.

To whom is the benefit payable?

The benefit is payable to the Insured (GCash user), or in case of the Insured’s death, to the beneficiary designated by the Insured, or in the absence of beneficiary designation, to the person or persons in the following order of preference:

• Legal spouse

• Children

• Parents

• Siblings

How long will I be covered by availing GInsure Bill Protect?

Thirty (30) calendar days, effective on the day of successful GCash Pay Bills transaction with enrollment to GInsure Bill Protect, after which coverage will end.

You may enroll and pay the premium again when you make another GCash bill payment, upon which your coverage will reset for another calendar month.

Can I enroll in more than one (1) GInsure Bill Protect?

Yes, the more bills paid and enrolled with GInsure Bill Protect, the bigger the lump sum benefit amount will be under the covered period.

How much should I pay for my GInsure Bill Protect?

The premium is computed as Bill Payment Amount x 0.920%.
Sample computation of GInsure Bill Protect Premium:

What is the benefit of this product?

It covers the insured for 36 times of his bill amount paid if the insured is unable to earn and settle his/her payment obligations due to accidental death and permanent disablement. 

Here is a sample computation of total benefit: 

Who can enroll for GInsure Bill Protect cover?

You can enroll to GInsure Bill Protect if you:

• are within 18-75 years old
• are a Filipino or legal Philippine resident
• have a GCash account
• are to pay a biller in Pay Bills via GCash app

How many GInsure Bill Protect insurance cover can I enroll for?

You will have the opportunity to enroll a bill every time you make a Pay Bills transaction via the GCash app. The more bills paid and enrolled under GInsure Bill Protect, the bigger the lump sum benefit amount will be under the covered period.

Is there a maximum transaction limit?

GCash has a maximum total transaction amount per fully verified user which is Php 100,000 per month. Cap for the insurable amount will follow the same limits.

Lump sum benefit cap will hence be: Php 100,000 x 36 months = Php 3.6M

Can another person apart from the individual whose name is reflected on the bill be insured?

(ex. What if John pays for his father’s utility bill using his GCash account?)

Yes. The Insured is the GCash account owner who has successfully paid a selected bill and the premium due via his GCash account.

Are all bill types eligible for GInsure Bill Protect?

Yes, all biller categories are eligible for GInsure Bill Protect.

Who is not covered by GInsure Bill Protect?

Accidental Death and Permanent Disablement arising from:

• Self-inflicted injury
• Suicide
• Criminal or illegal act
• Being under the influence of alcohol or unprescribed drugs
• HIV/AIDS related
• Conditions arising from abortion, pregnancy, childbirth or miscarriage

Cancellation

How do I know if my policy has been successfully issued?

You will immediately receive an SMS once your transaction is processed and your policy is issued. You will also receive a confirmation email from Chubb, with a copy of your Confirmation of Cover

I have an issue with my insurance, what do I do?

For inquiries related to GInsure Bill Protect insurance, please get in touch with Chubb at this hotline: +63 2 775 65410, available on Mondays to Fridays from 8:30am to 5:30pm. You can also email ginsurebillprotect@chubb.com.

Visit Frequently Asked Questions about GInsure  To know more about GInsure Insurance Policy.