Pedal Insurance

Whether you choose to hop on a cycle for staying fit, to try a new sporting activity, or to be eco-friendly, cycling is one of the best exercises for your physical and mental well-being. However, crowded city roads are highly prone to accidents for cyclists. To provide you financial support to deal with any unforeseen circumstances while cycling, Bajaj Finserv brings you Pedal Insurance. This Cycling Insurance policy covers you against any accidental injuries that you may sustain while cycling.

Features & Benefits

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  High Coverage Limit

  Get coverage up to Rs. 2 lakh for just Rs. 499 per annum.

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  Multiple Payment Options

  Paying your premium is easy and hassle-free as multiple payment options are available. You can choose to pay via online bank account transfer, UPI, Mobile Wallets, Credit Cards or Debit Cards.

• What Is Covered?
  

  Here are the expenses covered:

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  Coverage In Case Of Death

  If you meet with an unfortunate accident while cycling that results in death, your nominees will be paid up to Rs. 2 lakh to ensure their financial well-being.

• 

  Accidental Hospitalization

  In case of accidental hospitalization, you can get coverage up to Rs. 1 lakh.

• 

  Accidental OPD

  If you seek medical care in an OPD (Outpatient Department) of any hospital, you can get coverage up to Rs. 15,000.

• What is Not Covered?
  

  The expenses or losses that are not covered include the following:

• 

  Individuals Outside Age Bracket

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

• 

  Accidents Due To Other Reasons

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

You can buy Pedal Insurance online in three easy steps. Just log on to our website, submit your details in the online application form and make the premium payment.