How much does Courier Protect cost?

How much does it cost?

Courier Protect costs £14.84 a month. This price includes Insurance Premium Tax (IPT), which is a UK tax on insurance. You make 12 monthly payments, so the total for one year is £178.08. There is no extra charge for paying monthly.

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How do I pay?

You pay each month by card. Stripe, our secure payment provider, takes the payment automatically each month.

You can change your card details at any time in your Bikmo account.

You pay before your cover starts, and then before each new month of cover.

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When does my cover start?

Your cover starts at 00:00 (midnight) on the start date on your schedule. You must pay your first payment before this.

Your policy lasts for 12 months. You pay for it in 12 monthly payments.

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What happens if I miss a payment?

Your cover stops at the end of the last month you paid for. We cannot pay claims for accidents that happen after this.

Remember, Amazon needs you to have insurance to deliver. [TO CONFIRM: whether Bikmo tries the payment again, and how a rider can restart cover. Also confirm that a missed payment cancels the annual policy, and that this matches “Can Chubb cancel my policy?”]

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Can the price change?

Your price is fixed for the 12 months of your policy. The price and the rules of your policy can only change when it renews. We will write to you about any change before your renewal date.

If you are not happy with the change, you can cancel.

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What happens at the end of the 12 months?

Before your policy ends, we will contact you about renewing it for another 12 months. We will tell you the new price. [TO CONFIRM: whether the policy renews automatically, how much notice riders get, and how to stop it renewing]

If you do not want to renew, contact Bikmo before your renewal date.