Rakuten Card is a popular credit card in Japan that offers various benefits to its users. One of its notable features is the insurance coverage that comes with it. In this article, we will discuss the specifics of Rakuten Card insurance for bicycles.
What is Rakuten Card Insurance for Bicycles?
Rakuten Card insurance for bicycles is an optional coverage that provides protection to cardholders in case of accidents or theft involving their bicycles. This insurance is available to those who have Rakuten Card and have registered their bicycles with the company.
How Does It Work?
In case of an accident or theft, the cardholder needs to report it to Rakuten Card's customer service immediately. The company will then investigate the incident and determine the amount of compensation that the cardholder is entitled to receive.
What Does It Cover?
Rakuten Card insurance for bicycles covers the following:
Accidents
If the cardholder gets into an accident while riding their bicycle, the insurance will cover medical expenses, including hospitalization, surgery, and medication. It also covers damages to third-party properties and liability compensation.
Theft
If the cardholder's bicycle gets stolen, the insurance will cover the replacement cost of the bicycle up to the policy limit.
How Much Does It Cost?
The cost of Rakuten Card insurance for bicycles varies depending on the coverage amount and the type of bicycle. The premium ranges from JPY 300 to JPY 2,000 per year.
Who is Eligible?
To be eligible for Rakuten Card insurance for bicycles, the cardholder must meet the following criteria: - Must be a Rakuten Card member - Must have registered their bicycle with Rakuten Card - Must pay the insurance premium
Conclusion
Rakuten Card insurance for bicycles is a valuable coverage for those who frequently ride their bicycles. It provides protection against accidents and theft, giving cardholders peace of mind while on the road. If you are a Rakuten Card member and own a bicycle, it is worth considering this insurance and registering your bicycle with the company.
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