Philippines’ GCash and Oona Insurance Philippines have entered into partnership that will benefit all Filipino travelers.
The new partnership was formally made after the signing of the memorandum of agreement be- tween Winsely Bangit, GCash’s VP, head of New Businesses Group, and Abhishek Bhatia, founder and chief executive officer of the Oona Insurance group held last April 24, 2024 at Seda Hotel in BGC, Taguig City.
Under the agreement, Oona Insurance’s game changing product- the Smart Flight Delay Insurance – will now be accessible and available in the GCash app, through its GInsure Marketplace.
The Smart Flight Delay provides travelers access to airport lounges if their flight gets delayed for at least 60 minutes. Availability of this product is very easy as passengers can get this insurance coverage at least two hours before their scheduled flights from just a few taps in the GCash app. This new product reduces Filipino travelers’ discomfort due to delayed flights, making their experience more convenient and stress-free.
“This agreement with Oona Insurance Philippines is very timely now that the summer season is on. We expect a lot of our GCash users to travel to many destinations and for them to have insurance coverage against a real pain point, in what is supposed to be an exciting and much anticipated trip, is definitely a game changer,” said Winsley Bangit, GCash’s VP, Head of New Businesses Group.