{"id":61863,"date":"2024-03-04T11:44:19","date_gmt":"2024-03-04T03:44:19","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=61863"},"modified":"2024-03-04T11:44:21","modified_gmt":"2024-03-04T03:44:21","slug":"igloo-and-lazada-unveil-protection-plans-for-electronics-phone-screens-beauty-products","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2024\/03\/04\/igloo-and-lazada-unveil-protection-plans-for-electronics-phone-screens-beauty-products\/","title":{"rendered":"Igloo and Lazada unveil protection plans for electronics, phone screens, beauty products"},"content":{"rendered":"\n

Regional insurtech\u00a0Igloo<\/a>\u00a0has partnered with leading e-commerce platform Lazada to offer Filipino shoppers protection plans for their online purchases. This is part of Igloo\u2019s continued mission to improve the online shopping experience through purchase protection products.<\/strong><\/p>\n\n\n\n

\u201cE-commerce is a fast-growing industry in the Philippines and it\u2019s safe to say that more and more Filipinos have embraced online shopping as a fast and convenient way to access a diverse range of products and services. There are currently\u00a038.9 million e-commerce\u00a0shoppers in the Philippines, a number that is expected to reach 55.8 million by 2025. Of these,\u00a0approximately 25%\u00a0of Filipinos who shop online do so at least once a month,\u201d said Roberto Vea, Commercial Lead at Igloo Philippines. “As the number of Filipinos engaging in online purchases continues to rise, it becomes increasingly imperative to provide them with protection throughout their entire shopping journey, extending support even after they’ve received their products.”<\/p>\n\n\n\n

In collaboration with Igloo, Lazada has introduced three comprehensive online shopping protection products tailored for its electronics and beauty products. These protection plans are seamlessly integrated into the checkout process. Before finalizing their payment, customers will be presented with a tailored insurance plan specific to the item they are purchasing. This includes a transparent display of the associated premium, ensuring a clear understanding of the additional cost that will be integrated into their total transaction.<\/p>\n\n\n\n

The\u00a0Electronic Protection\u00a0and\u00a0Gadget Protection\u00a0products ensures extensive protection for all kinds of electronic products and gadgets. from accidental and liquid damage, as well as loss due to theft or robbery, along with the added benefit of professional repair and service at authorized centers. Both products are underwritten by Etiqa Insurance. Specifically for non-electronic products, Igloo and Etiqa present\u00a0Merchandise Protection\u00a0which protects orders from accidental damage and theft.<\/p>\n\n\n\n

Additionally, Product Liability Protection<\/strong> addresses adverse reactions to beauty products (cosmetics, lotions, bath essentials) purchased on Lazada. Underwritten by Liberty Insurance, coverage encompasses protection against chemical burns and severe allergic reactions (anaphylaxis) resulting from product use. Consumers availing of this product gain access to teleconsultations, medical reimbursements, and emergency hospitalization.<\/p>\n\n\n\n

\u201cAt Igloo, our core mission revolves around facilitating easy, affordable, and convenient access to insurance products for consumers. We believe that insurance should be straightforward and accessible to everyone. In line with this commitment, our collaboration with Lazada has been carefully designed to ensure a seamless and hassle-free experience for individuals seeking protection for their online purchases,\u201d Vea added.<\/p>\n\n\n\n

Igloo\u2019s partnership with Lazada is part of its goal to increase insurance penetration by offering microinsurance products designed to cater to the increasingly digital lifestyle of consumers in the Philippines and across the region. <\/p>\n","protected":false},"excerpt":{"rendered":"

Igloo\u2019s partnership with Lazada is part of its goal to increase insurance penetration by offering microinsurance products designed to cater to the increasingly digital lifestyle of consumers in the Philippines and across the region.\u00a0<\/p>\n","protected":false},"author":6,"featured_media":61869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[7483,4157,2422,96,2727,1656],"class_list":["post-61863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-igloo","tag-insurance","tag-lazada","tag-technology","tag-technology-adaption","tag-technology-investment"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/61863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=61863"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/61863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/61869"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=61863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=61863"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=61863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}