Cycle Secure

Cycling is one of those activities which people of all age groups enjoy. It is cheap, requires less maintenance and is environmentally friendly, making it an ideal transportation choice. Many people opt for cycle rides as a medium to exercise and stay healthy. However, certain risks are involved when you cycle through busy city roads or choose to go on an adventure.
A cycle insurance cover, secures your cycle against theft, loss or damage and against any unfortunate accident that might occur while cycling.

Membership fee details

 

Premium including GST (Rs.)	Sum assured (Rs.)
1399	25,000

If the invoice of the cycle is less than Rs. 25,000, the sum assured will be the invoice value, and the premium will be Rs. 1399. If the invoice value is more than Rs. 25,000, then the maximum sum assured will be Rs. 25,000, and the premium will be Rs. 1399.

• What is covered

  Here’s what’s covered in this plan.

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  Complimentary protection against accidental damage or theft of a cycle

  • You will be enrolled into a complementary add-on benefit of protection against fire and burglary fortuitous caused to your cycle within 7 days of your membership start date under the group policy of our customers for up to Rs. 25,000.
  
  • The agreed value or Invoice Value (whichever is lesser) of the cycle is covered for personal use only.
  

• 

  24x7 card blocking service

  You can report the loss of your payment cards at 1800-419-4000 (toll-free number). The service is available 24x7 and lets you block your debit and credit cards with just one call, eliminating the need for you to visit or contact each bank individually.

• 

  Emergency travel assistance

  • Get an emergency advance to pay your hotel bills or arrange travel tickets up to Rs. 40,000 for abroad and Rs. 20,000 in India.
  • Worldwide coverage for the cycle is available under the plan.

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  Emergency roadside assistance or other road assistance

  You can avoid a roadblock, flat tyre support, battery jump-start, towing, or other assistance. Get emergency roadside assistance in 400+ locations up to 75 km from the city centre.

• 

  Doctor on call

  This benefit offers on-demand access to qualified doctors with unlimited consultation. You also get clinical expertise via mobile app or phone.

• 

  Entertainment benefits

  Get Zee 5 Entertainment subscription for One Year as a part of the benefits offered with this product.

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  Network Discount Card

  Get discount vouchers across multiple networks of diagnostic centres, hospitals & pharmacies. The vouchers are redeemable on diagnostic tests provided by partner network centres. To book an appointment, call 1800-103-4466 between 8 am and 8 pm (available on all days except national holidays) and provide the voucher code.

• What’s not covered

  Here’s what’s not covered in this plan.

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  1. Losses occurring under intoxication

  The plan does not stand if the item is lost or stolen while you are intoxicated or under the influence of alcohol, drugs, toxins or narcotics.

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  2. Deliberate losses

  Losses occurring directly or indirectly from any act of forgery or fraudulent/dishonest act committed by you concerning the payment card, with an intent to defraud the card issuer, are not covered under the plan.

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  3. Losses during maintenance

  Damage caused by any process of cleaning, dyeing or bleaching, restoring servicing, preventative maintenance, repairing or renovating or deterioration arising from wear and tear, moth, vermin, insects or mildew or any other gradually operating cause.

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  4. Losses due to mechanical malfunction

  Loss or damage caused by mechanical or electrical derangement/breakdown of any article unless caused by accidental external means or specifically declared and accepted by us and expressly stated in the policy schedule.

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  5. Damage to fragile products

  Breakage, cracking or scratching of crockery, glass, cameras, binoculars, lenses, sculptures, curious, pictures, musical instruments, sports gear and similar articles of brittle or fragile nature and accepted by us and expressly stated in the policy schedule.

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  6. Other losses

  • Consequential loss or legal liability of any kind.
  • Loss or damage due to misplacement, misuse, reckless, abusive, willful or intentional conduct associated with handling and use of the covered item.
  • Loss or damage arising out of any pre-existing conditions.
  

You can raise your claim with the customer experience team within 24 hours of damage to your smartphone to avail the benefits of this insurance cover. You may reach out to the insurer in the following ways:
Phone:
You can call at the following numbers:
Toll-Free- 1800-419-4000
6000-4000 (city STD code to be prefixed)
You may also write an email to feedback@cppindia.com for any claim-related queries.

Documents required to file a claim
To initiate a claim, you have to submit the following documents to the insurer:

• A duly filled claim form, signed by the insured beneficiary, detailing the loss or damage and an estimate of the claim amount.
• Any documentation required to support and substantiate the claim amount like bills and invoices, valuation reports, etc.
• Police report (FIR) in the case of theft and burglary claims.
• Any other document deemed necessary to establish the loss or its quantum, depending upon the nature of the claim.