Singapore-based insurtech firm Axinan and non-life insurer company Mercantile Insurance Co. have announced that they are launching a smartphone insurance product in the Philippines called Mobile 360. The insurance product is accessible via Axinan’s igloo app.
Mobile 360 covers entire phone protection, inclusive of the screen, camera, battery, accidental and liquid damage protection. That means risks such as screen crack, screen damage, LCD damage, and the like will be covered. Consumers have the option of making maximum claims of 2 repairs per year or 1 replacement.
Pricing begins at PHP 999 per year, with a 1-year duration of coverage. The Mobile 360 is available both for old and new smartphones under any telco. Mobile 360 will be initially available in Metro Manila, and will roll out nationwide in the future.
To access Mobile 360, download Axinan’s igloo app through the Play Store or App Store.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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Patrick R. Liwanag says:
Apps is not available in the philippines!!!
sampple says:
Magkano deductible pag nagfile ng claim for accidental damage and lost or stolen?
J-Ann says:
went to Google play store and it says App noy available in your country (Philippines). So what is up with that?
RebornChieko says:
1 year insurance coverage for screen damange and liquid protection for only 999 pesos? sulit na sulit po yan, sana darating din dito sa Cebu.