Fairfirst introduces comprehensive pedal cycle insurance cover

Fairfirst recently introduced ‘Pedal Cycle Insurance’ as another industry-first insurance policy. 

Being protected against the unexpected, the Fairfirst Pedal Cycle Insurance policy comes with a range of benefits for choosing the smart way to commute, including: Coverage due to total loss due to an accident or theft and burglary up to the full value of the bicycle; Coverage due to a partial loss of up to 25% of the sum insured following an accident and Coverage against third-party damages.

Chief Sales Officer Sanjay Siriwardena said: “At Fairfirst, we play a pivotal role in offering a wide range of distribution capabilities, which has enabled us to cover different segments through relevant channels. The success and strength of our distribution capabilities are backed by relevant and updated empathy-led solutions that cater to individuals, businesses, and communities alike. One fine example of this is our newly introduced Pedal Cycle Insurance which is seen as an essential solution to today’s changing lifestyles in favour of sustainable living. And whilst individuals evolve, we ensure that they are protected and guided through a simple on-boarding and claim process when making changes for the better.”