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Cats now covered? GCash widening pet insurance; entering crypto market

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Jessica Fenol and Jekki Pascual, ABS-CBN News

<p>MANILA - GCash on Monday revealed it was working on new services including crypto products, travel insurance, and even pet insurance for cats, among others. </p><p>The Ayala-led fintech earlier launched pet insurance catering to dog owners, but the service will soon be available for felines. </p><p>With Pet Insure under the GInsure marketplace, pets can get up to P100,000 medical reimbursement, burial assistance, or owner&#x27;s liability or owner&#x27;s protection when legal liabilities are incurred due to a pet&#x27;s action, said GCash Head of New Business Neil Trinidad.</p><p>&quot;With GInsure, we really aim to make insurance relevant to Filipinos and the only way we can build relevance is by being relevant to their evolving lifestyles and needs,&quot; he said. </p><p>Trinidad said the insurance product will be available to other pets as well. </p><p>&quot;We have a plan to roll it out, also to cats, with our current partner,&quot; Trinidad said.</p><p>He noted that interest in pet insurance was &quot;really strong.&quot; </p><p>&quot;In fact, it is getting quite a lot of social media interest.&quot; </p><p>Users interested to purchase pet insurance, which is available for as low as P650, can visit the app&#x27;s GInsure marketplace.</p><div><strong>MORE PRODUCTS COMING SOON</strong></div><p>Aside from pet insurance, Trinidad revealed that GCash is also planning to launch travel insurance, as well as fire insurance for homes. </p><p>He said crypto products are also coming soon. </p><p>&quot;We are working on our crypto product. We do see that there&#x27;s a lot of interest in cryptocurrency...more than 50 percent consider buying crypto. So we do have crypto products that will be available very soon,&quot; Trinidad said.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/09/05/20/as-cheap-as-a-haircut-paperless-insurance-to-help-consumers-amid-pandemic">&#x27;As cheap as a haircut&#x27;: &#x27;Paperless&#x27; insurance to help consumers amid pandemic</a></li>	<li><a href="https://news.abs-cbn.com/business/09/24/21/gcash-bpi-to-work-closer-amid-digital-competition-jaza">GCash, BPI to work closer amid competition from digital banks: Ayala’s JAZA</a></li>	<li><a href="https://news.abs-cbn.com/ancx/culture/spotlight/02/12/21/you-can-now-invest-your-leftover-gcash-money-in-local-bondsbut-how-far-will-it-get-you">You can now invest your leftover GCash money in local bonds—but how far will it get you?</a></li></ul><p>GCash said it now has over 60 million registered users nationwide as of May.</p><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2048986" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

GCash on Monday revealed it was working on new services including crypto products, travel insurance, and even pet insurance for cats. 

Cats now covered? GCash widening pet insurance; entering crypto market

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Cats now covered? GCash widening pet insurance; entering crypto market

Jessica Fenol and Jekki Pascual,

ABS-CBN News

Published Jun 27, 2022 05:21 PM PHT

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Updated Jun 27, 2022 05:29 PM PHT

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