Get the ideal security for your daily needs
Cycling is a preferred leisure and sporting activity across all age groups. People use cycles for several purposes - exercise, travel, or simply as an environment-friendly vehicle. Cycling has gained attention from environmental sectors for its advantages over motor vehicles.
Moreover, the health sector promotes cycling for its potential to keep people healthy. However, many risks are involved in metropolitans and other crowded cities, such as damage, theft, etc. So, it is best to opt for insurance to protect your cycle from such harmful incidents.
This is where Bajaj Markets’s Cycle Secure insurance comes in handy. With a maximum coverage of ₹25,000, this cycle insurance policy is designed to take care of your environmentally-friendly vehicle. Read on to know more!
Key Features of Cycle Secure Policy
Several features make Cycle Secure the perfect choice. Some of these are:
Affordable
Cycle Secure insurance is attractive and beneficial owing to its affordable plans.
Financial Security
This insurance provides financial security in incidents of cycle theft or damage.
Faster Distribution
Cycle Secure has fast disbursal rates. Hence, you can rest easy knowing your claims will be met without delay.
After your payment, you will receive the details of your selected Cycle Secure insurance on your E-mail ID and WhatsApp, along with a notification on your mobile number. Therefore, this is how you can easily activate your Cycle Secure insurance plan.
To opt for Cycle Secure, you should meet the following parameters:
You have to be a resident of India
Must be over 18 years of age.
Here are the plan details and specifications the Cycle Secure insurance:
Coverage: You can get a maximum assured sum of ₹25,000 in Cycle Secure insurance.
Premium amount: The premium for availing of Cycle Secure insurance will be ₹1,399, including all taxes and GST.
You will get maximum coverage of ₹25,000 in case your cycle costs more than ₹25,000. If your cycle costs less than ₹25,000, the maximum amount assured will be considered equal to the invoice amount. In both cases, the premium amount will remain the same, that is, ₹1,399.
You can claim your policy benefits effortlessly by contacting our customer care desk. You must call our customer care executives within 24 hours of damage to your cycle to avail the policy benefits.
You can reach out to our insurance executives in various ways:
Call: You can call our toll-free number 1800-419-4000. You must prefix the area/city STD code before making this call.
E-mail: You can also reach out via mail at feedback@cppindia.com to make your claim.
You can get in touch with us by contacting us at insuranceconnect@bajajfinservmarkets.in. We will revert at the earliest!
FAQs on Cycle Secure Insurance
What is the maximum coverage in Cycle Secure?
The maximum amount covered in the Cycle Secure insurance is ₹25,000. However, if your cycle costs less, the particular invoice amount will be the maximum coverage.
What is excluded from the Cycle Secure scheme?
This scheme doesn’t cover situations like deliberate losses, intoxication losses, and maintenance losses. For more details, refer to the list given above.
How much premium do I have to pay for Cycle Secure?
Cycle Secure has a mere premium amount of ₹1,399 only.
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