We will pay for the cost of replacement as new up to the limit stated on your insurance schedule providing the stolen or damaged bicycle was not more than 3 years old at the date of loss, provided it was new when you purchased it and you have the original sales purchase or till receipt or other evidence that clearly demonstrates ownership. If the bicycle was more than 3 years old or was not new at the time of purchase, then we will deal with the claim on an indemnity basis.
Important Note: This insurance does not include competitive use, security conditions for theft apply. Please consult the policy wording.
To qualify for the free insurance you must have purchased a bicycle up to the value of £12,000. Proof of purchase must be made available upon request.