From R500 per waybill
Peace of mind! By default there is no insurance, but here you can add GIT insurance for 1% of the bicycle value, minimum R500. This cover is per trip/waybill, based on the terms below. Simply specify the bike details & value to add this insurance option.
Description
Add GIT cover for your peace of mind
Goods in transit insurance insures cargo while they are being transported by road, within the borders of South Africa. So, you’re covered if this cargo is lost or damaged as a result of some unexpected event, like a fire or a collision that causes everything to spill out onto the road. TLDR: Insurance option at 1% of value with R500 minimum, subject to the following:
- R200,000 load limit & R400,000 location limit
- Basic excess 10% of claim (minimum R5000)
- Hijack, Armed Robbery or Theft of Entire Load Excess 20% of Claim (minimum R7500)
- Covers the bicycle but excludes additional items such as kit, helmet, shoes etc
- Denting, scratching & chipping is excluded as goods need to be packed correctly to withstand the voyage and loading & offloading.
Another first for Bicycle Couriers
And for full transparency, here is a copy of the policy wording. Whether Bicycle Couriers are the first bicycle courier aggregator in South Africa to offer such specific insurance or not is up for debate, but what is indeed to your advantage is the low 1% rate, as most other couriers ask at least double that amount. There you go. Enjoy!