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Oona Expands Embedded Insurance Access Through GLoan Protect Partnership with GCash

Oona

Oona

Oona Expands Embedded Insurance with GCash GLoan Protect

Oona Insurance Corporation expands access to protection through its partnership with GCash and Fuse Financing Inc. via GLoan Protect. The program automatically provides free loan and health insurance to eligible GLoan borrowers, covering remaining loan balances in the event of death or accident-related disability and offering hospitalization benefits. By embedding insurance into the digital borrowing journey, Oona removes barriers to protection and helps close the insurance gap for more Filipinos.

Expanding Protection Through Everyday Digital Experiences

Oona Insurance Corporation continues to advance its mission of making protection part of everyday life through its partnership with GCash and Fuse Financing Inc. Under this collaboration, GLoan Protect now provides free loan and health insurance to eligible GLoan borrowers, ensuring added financial security during life’s unexpected moments.
 

Available for a limited time, GLoan Protect automatically includes insurance coverage for every GLoan disbursement worth at least PHP 500. Underwritten by Oona Insurance, the coverage helps protect borrowers and their families by waiving the remaining loan balance in the event of death or accident-related permanent disability. In addition, eligible borrowers receive health insurance benefits, including a hospitalization allowance of PHP 500 up to 10% of the total loan amount for confinements lasting a minimum of three days.

Abhishek Bhatia, Founder & Group CEO, Oona Insurance


By embedding insurance directly into the digital borrowing journey, Oona helps remove common barriers to protection such as cost, complexity, and lack of awareness. Coverage is automatically activated upon loan disbursement and remains valid until the end of the loan term, even if the loan is paid off early. Policy details are accessible through the GInsure dashboard, allowing borrowers to manage claims through a simple and familiar digital process.
 

This initiative reflects Oona’s commitment to closing the protection gap in the Philippines by partnering with platforms Filipinos already trust and use daily. Through digital-first solutions and strategic collaborations, Oona continues to extend meaningful insurance coverage to more individuals and families, empowering them to move forward with greater confidence and resilience.
 

GLoan Protect is available for new GLoan transactions from January 16 to March 31, 2026, for fully verified Filipino GCash users aged 21 to 65, with a minimum loan amount of PHP 500 and a loan tenor of at least one month.
 

Read the original published article from Manila Bulletin here.

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