Have you heard of the new insurance product that Igloo, GCash, and Malayan Insurance just introduced?
It’s called NegosyoCare, and it is an insurance product specifically designed to protect micro, small, and medium enterprises in the Philippines.
With almost all businesses across the region being MSMEs, they are crucial to the region’s economic recovery. However, they are often the most vulnerable to adverse macroeconomic conditions and unexpected events such as fire, accidents, and damages.
NegosyoCare provides comprehensive and accessible coverage for MSMEs for only P160 a month, which is a great deal! The product is available via GCash’s GInsure marketplace and provides coverage for accidental deaths, and total permanent disability due to accidents.
It also covers disablement/dismemberment due to accidents for up to P50,000, and medical reimbursement for accidents for up to P5,000. Additionally, it also applies fire cash assistance for P10,000 and coverage for burglary and housebreaking for P10,000.
The partnership between Igloo and GCash is essential in making these products accessible to MSMEs, who often run on limited cash flow and limited financing. NegosyoCare is the latest addition to Igloo’s growing line of insurance products available in the GCash Insure marketplace. With affordable insurance products like NegosyoCare, MSMEs can protect themselves and their businesses without worrying about the financial burden.
