Yes, if you insure your bike with Cyclesure.
From the policy wording doc:
What we cover
We will cover your financial loss because of an insured event up to the limit set out in your policy schedule when
something happens to you or a close relative that is beyond your control, that you were unaware of at the time
you booked, and which resulted in the curtailment or cancellation of your trip.
Financial loss includes:
− your cycling race entry fees
− published penalties
− redeemable travel vouchers
− unused non-refundable prepaid expenses for
travel and accommodation
Financial loss excludes:
− airport taxes or air passenger duties
− administration fees
− commissions
− booking fees
− all costs when a substitution has been arranged
− incidental costs (including but not limited to
telephone calls, meals, taxi fares, interpreter fees,
time-share fees, holiday points)
− inconvenience
− emotional distress
− loss of earnings
3. Insured events
The following events that could result in the curtailment or cancellation of your trip are covered under this policy:
a. Your or your close relative’s unforeseen illness, bodily injury or death.
b. Your compulsory medical quarantine on the instruction of a registered medical practitioner or in terms of
any legal requirement .
c. Your retrenchment when you legally qualify for a retrenchment package.
d. The accidental loss or damage to your home through burglary, flooding or fire during your trip or up to 48
hours before you leave when the:
• loss or damage is in excess of R10 000; and
• your presence is needed by the police in connection with the loss or damage.
e. A terrorist incident in the city listed on your prepaid trip itinerary:
• within 14 days prior to your scheduled departure date; and
• so long as the city has not experienced a terrorist incident within 90 days prior to the terrorist
