What You Should Know About Cycle Insurance?

Cycling is a part of many people these days. Owing to the health benefits and making pollution free environment cycles are of great demand among both youths and adults. But even cycles need protection from unforeseen situations.

No matter how weird you feel about an insurance policy on cycle, you must know that there is a separate insurance policy known as the cycle insurance for people who are cycle enthusiast and have very expensive cycles with them.

Here is some of the information you must know about this scheme.

Cycle insurance includes coverage for your cycle of course, along with all the costly accessories.
It protects your cycle from theft or burglary. You can claim compensation amount if your cycle gets stolen. In case of any loss of accessories, you can claim for it.
In case you face an accident and there is any damage to your cycle the cycle insurance will be able to get you replacement and repair if needed. It also covers damages made by any strikes or riots.
Few insurance companies also provide cover for your cycle no matter where in the world you are. You can freely carry your cycle anywhere.
If you need to hire another cycle when your own cycle is under repair, the insurer will provide you with the cost for the rent.
Any legal expenses that you need to deal with in case of damage caused by a third party will be taken care by the insurer.

Now that you know all the necessary details, all you need to do is get help from Bajaj Finserv soon. Make sure you learn well about the cycle insurance policy and discuss with the insurer thoroughly.

Read Also: Bajaj Finserv Introduces Cycle Insurance Cover

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