Digit Insurance launches Cycle Insurance with Dr. Cycle and SCOTT Sports
Bengaluru, 29thJanuary, 2019: Digit Insurance—a new age insurance company which aims to 'Make Insurance Simple'— has launched acycle insurance product with Dr. Cycle, an online platform for all cycling needs, and SCOTT Sports India, a subsidiary of Scott Sports SA, is a Swiss producer of bicycles, winter equipment, motorsports gear, running gear and sportswear.
Key Product Highlights:
- Covers both old and new cycles
- Covers theft and accidental damage
- Free look period
- Coverage is within India Only
- In case of thefts or total damage, Digit will pay the full amount after depreciation
- In case of partial loss, Digit will pay for the cost of repair
Speaking about the product, Kamesh Goyal, Chairman, Digit said, 'Indians are becoming health conscious and activities like cycling are no more just a hobby but also a lifestyle habit.