Insurance

[Bikemania]

Good day Ladies and Gentlemen, 

 

I would like to ask for some advice on Bicycle Insurance for Elites. 

All quotes that I have received so far have a clause stating that the Item will not be covered in any racing conditions. 

Where can I find an Insurer that will cover me for races. 

 

Shot, 

Felix

[Op1]

Im not sure about racing but I have my bike insured with Naked insurance - if you have not - perhaps try them ?

[ChrisF]

33 minutes ago, Bikemania said:

Good day Ladies and Gentlemen, 

 

I would like to ask for some advice on Bicycle Insurance for Elites. 

All quotes that I have received so far have a clause stating that the Item will not be covered in any racing conditions. 

Where can I find an Insurer that will cover me for races. 

 

Shot, 

Felix

 

I have full cover with Santam, including races.

 

With a sub-clause - this does not cover "profssional athletes".

[leon_pro]

You might need to look at "Commercial" insurance, as a Sports Person. 
As you are generating a income for the bikes "tools of trade". 

Hope it helps. 

 

[mecheng89]

46 minutes ago, Bikemania said:

Good day Ladies and Gentlemen, 

 

I would like to ask for some advice on Bicycle Insurance for Elites. 

All quotes that I have received so far have a clause stating that the Item will not be covered in any racing conditions. 

Where can I find an Insurer that will cover me for races. 

 

Shot, 

Felix

Are you a privateer elite cyclist, or part of a team?

[renayg]

Santam Switch(Previously JaSure) will cover you during organised sporting events. The only exclusion here is that you are not a professional that earns a salary from racing.

[mecheng89]

1 minute ago, renayg said:

Santam Switch(Previously JaSure) will cover you during organised sporting events. The only exclusion here is that you are not a professional that earns a salary from racing.

If he earns a basic salary, surely his team is responsible for the insurance of the bikes? Would the bikes not belong to the team? 

[renayg]

3 minutes ago, mecheng89 said:

If he earns a basic salary, surely his team is responsible for the insurance of the bikes? Would the bikes not belong to the team? 

The OP hasn't stated what their entire situation is, but in a pro-team scenario, the riders generally aren't responsible for the replacement of the bikes. Every situation is different though, but if you have a financial responsibility towards an asset(ie you are legally responsible for its repair or replacement via a contract), then you shoudl be able to insure the asset if you needed to.

[Shebeen]

1 hour ago, mecheng89 said:

Are you a privateer elite cyclist, or part of a team?

quick google tells me could be this beast. if that's the case then JV must have been paying till now!, 

https://www.procyclingstats.com/rider/felix-stehli/2023

Edited December 4, 2023 by Shebeen

[Stoffel76]

https://www.cyclesure.co.za/products

 

If you're a pro-rider, Cyclesure will cover you...