Preferred Language

Preferred Language

Pedal Insurance

Good for the environment and your health, a cycle is a great way to commute. However, cycling on busy roads can be risky. For cycling enthusiasts who commute daily on their two-wheelers or go for long rides on weekends, Bajaj Finserv’s Pedal Insurance is a wise investment option. This plan offers financial assistance to cyclists and their families in case of a mishap during their commute.

Plan details

With Pedal Insurance, you can get coverage of up to Rs. 2 lakh at just Rs. 499 per annum. Pay the premium online using your preferred mode of transaction.

  • What’s covered

  • Coverage In Case Of Death


    In the unfortunate event that the insured person suffers an accidental death while cycling, the registered nominee will receive compensation of up to Rs. 2 lakh.

  • Accidental Hospitalization

    Hospitalisation costs

    The insured person can avail of coverage of up to Rs. 1 lakh in case of hospitalisation for a cycling-related accident.

  • Accidental OPD

    OPD costs

    The insured person can claim up to R. 15,000 for outpatient department or OPD care at any hospital.

  • What’s not covered

  • Individuals Outside Age Bracket

    Certain age groups

    Individuals below 18 and above 70 years of age are not eligible for Pedal Insurance.

  • Accidents Due To Other Reasons

    Accidents caused by other reasons

    Hospitalisation expenses for an existing disability from a previous accident will not be covered.

How to apply

  • Click on the ‘Buy Now’ button on this page and share your basic details in the online application form.
  • Check and confirm your application by entering the OTP received on your mobile number.
  • Pay the premium via credit/debit card, UPI, mobile wallet, or any other available online payment mode.

You will receive the details of your membership via email/WhatsApp.

Contact us

In case you have any queries related to coverage, exclusions, or product policy, please write to us at

How to file a claim

To raise a claim, reach out to the customer experience team in any of the following ways:

• Email:
• Toll-free number: 1800 209 5858
• Website: Bajaj Allianz General Insurance
• Mailing address: Bajaj Allianz General Insurance Co. Ltd, Bajaj Allianz House, Airport Road, Yerwada Pune- 411006

Disclaimer - *Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above-mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.”

Did you know, a good CIBIL score can help you get a better deal on loans and credit cards?