POSTED BY February 16, 2014 2:02 pm COMMENTS (2)ON
I have a cycle Schwinn sporterra which i bought for 20k . Not many insurance providers are giving cycle insurance (Majorly it is covered for thefts)
New India website says that Insurance Premium will be 2 Percent. If i ask the office people (directly to the Front office of New India ) They are saying 20 percent and quoting a value of 4k.
United India agent is saying 1k. customer care is also not helpful. Vehicle insurance which will have higher value(Like Motor bikes ) actually charges reduced premium.
did anyone has previous experience ? pls guide me
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2 replies on this article “Can I get Cycle insurance from New India Assurance or United India ?”
Dear Vignesh, as the cycle in question is not an ordinary cycle, please try to gather info from cycling clubs for the subjected matter.
Dear Vignesh, please check with IFFCO TOKIO also.