To provide peace of mind on these journeys, GCash, through its in-app digital insurance platform GInsure, has partnered with BPI MS Insurance to launch PasaHERO Protect, an affordable and inclusive accident insurance that covers all forms of public transport* including jeepneys, buses, trains, and even motorcycles used in ride-hailing services like TNVS (Transport Network Vehicle Services) within the Philippines.
In addition, the policy’s double indemnity feature for accidents that occur on public transport aims to offer even more peace of mind.
Available through the GCash app, PasaHERO Protect provides Filipinos with up to Php 500,000 in the event of death or permanent disability caused by an accident while using public transportation; and up to Php 250,000 coverage for other accidents with premiums starting at just Php 15 per month.
With ease of access, PasaHERO Protect can also be bought for up to five people, including friends and loved ones, through one GCash account.
“We believe protection should be part of everyday life–not a luxury, but a basic need that every Filipino and their families can access. Together with BPI MS Insurance, through PasaHERO Protect, we’re making insurance more relevant, affordable, and inclusive for the daily realities of commuters.”
said Wilfrido de Ocampo, Head of GInsure.
“Through PasaHERO Protect, we’re transforming the insurance landscape. This is about bringing affordable and inclusive coverage closer to the daily habits of Filipinos, especially those who rely on public transport,”
said Noriyuki Kobayashi, President and CEO, BPI MS Insurance Corporation.
We’re proud to support everyday Filipinos by providing peace of mind on every ride, so they can move through life with more confidence and less worry.”
he added.
Beyond providing financial coverage, the partnership reflects GCash and BPI MS Insurance’s shared commitment to making daily commuting safer for millions of Filipinos. It acknowledges the vulnerability of commuters and offers a safety net that reduces the uncertainty of everyday travel. Furthermore, by tailoring benefits to the realities of commuting, GCash and BPI MS Insurance are reimagining insurance to be more inclusive and relevant.
To experience a safer journey on the road, commuters only need to open the GCash app, go to GInsure, and select PasaHERO Protect to activate their coverage instantly, and with affordable premiums designed to fit into everyday budgets.
By offering financial solutions that respond to real, everyday needs, GCash continues its mission of making finance more inclusive and accessible for every Filipino, while transforming the way insurance and other financial tools serve the nation.
For more information, please visit the Help Center.
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
