You might be paying heavy for your trendy bicycle but what about insurance...or just because you feel it is not the hybrid car that you are going to buy in future. In that sense you are wrong; as per Gari Dombo, managing director of Alexander Forbes Personal Services: It’s imperative that cyclists are sufficiently protected with proper insurance cover. As per Dombo your bicycle should be insured for the following reasons:



1. Physical loss or accident caused to the cycle.

2. Making an insurance while in use (social or professional)

3. Indicate your insurance broker the purpose for which the cycle is used.

4. Insuring the personal belongings and cycle accessories while traveling.

5. Medical expenses on account of an accident.

6. Temporary disabilities due to an injury

7. Permanent Disability or permanent cut-off from occupation due to diabilities