Axinan and Mercantile Insurance Co. announces Mobile 360 from igloo — insurance for your smartphone.
Singapore-based insurance firm Axinan is one of the first movers in Southeast Asia in the digital insurance solutions space. They will be entering the Philippines, starting with their first product, Mobile 360 — a non-life insurance for smartphones.
Under Mobile 360, consumers can enjoy comprehensive smartphone protection for its screen, camera, battery, accidental and liquid damage protection. It also boasts instant approvals and a simple application process that’s fully accessible online or through their mobile app for both iOS and Android.
Mobile 360 from igloo will be available in Metro Manila first, followed by a nationwide release sometime in the near future.
Mobile 360 by igloo
- Coverage: Screen crack, screen damage, LCD damage, accidental and liquid damage, battery, camera, parts.
- Benefits: One time payment; Easy to access, online, anywhere, anytime; Secured payment through igloo’s app encryption; Convenient dashboard to view policy and track the status of phone protection.
- Maximum Claim per Policy: 2 repairs per year or 1 replacement
- Pricing: Starting from PHP 999 per year
- Sum Assured: Up to PHP 20,000
- Provider: igloo by Axinan
- Underwriter: Mercantile Insurance Co., Inc.