How to calculate my claim amount? (Gcash - Phone Screen Protection)

The computation of the reimbursement/claim amount to be received is based on the payment plan you have selected upon purchase.

Annual Payment:

      Repair Cost (within max coverage amount only)

-    Deductible : 10% of repair cost (min of 500 php)

                       Total Reimbursement

Monthly Payment:

     Repair Cost (within max coverage amount only)

-    Deductible : 10% of repair cost (min of 500 php)

     Remaining annual premium (no. of months paid - annual premium)

                                        Total Reimbursement

*Sample Computation:

Plan 21 Monthly Payment , paid for 1 month only

     5,000 (Repair Cost)

-   500 (Deductible : 10% of repair cost)

    231 (Remaining annual premium)                 

        4,269 (Amount to be reimbursed)