Please click on the links below for information on:
Here are examples of situations where an amendment to your CycleSure Policy may be needed.
For policies incepted after 1st July 2020:
If you need to change the details of your cover, or if you wish to add or delete a cycle, by changing the total value of your cycle(s), please amend your policy online by logging into Your Account.
For policies incepted prior to 1st July 2020:
If you need to change the details of your cover, or if you wish to add or delete a cycle(s), please phone our office on 0151 427 9529, or email .
When the time comes to renew your CycleSure Policy we will send you a renewal reminder.
Premium payments will be refunded in certain circumstances:
1. 'Cooling off' Period
If the cover provided by the CycleSure policy does not meet your specific demands and needs, please return the Policy of Insurance to us within 14 days of the inception date. The premium paid (including Insurance Premium Tax) will be refunded to you. A £10 administration charge will be deducted from the refund.
2. Mid-Term Cancellation
We have the right to cancel the CycleSure policy at any time providing we give you 7 days notice in writing to your last known address. If we do this, you will receive a pro-rata return of premium (including Insurance Premium Tax) less our commission.
You have the right to cancel your CycleSure policy at any time during the period of insurance and you may do so by giving us 14 days notice in writing of your intention to cancel. We then have the right to forego this notice period and allow you to cancel your policy immediately, if we so choose. If you do decide to cancel the policy mid-term by giving the appropriate period of notice, you will receive a pro-rata return of premium (including Insurance Premium Tax) less our commission. A £10 administration charge will be deducted from the refund.
Proper notice by us to you of the intention to cancel will be deemed to have been made if the Notice of Cancellation letter was sent to you by 'Recorded Delivery'. The period of notice will be deemed to have commenced on the day following the postage, providing the letter was sent to your last known address.
If you need to make a claim, it's a good idea to have your policy schedule to hand and to note down the details of the damage before you call us, to allow us to deal with your claim as quickly as possible
If your cycle has been stolen, contact the Police immediately, making a note of the crime number.
If your cycle has been stolen or has been damaged in an accident, please contact Pen Underwriting:Claims Telephone Number – 03300 107 190
If the cycle has been damaged – a repair estimate
If the cycle has been stolen - an estimate for the cost of replacement of the cycle.
Original purchase receipt for the cycle or proof of purchase..
Photographs of the cycle and any damaged parts.
Photographs of damage caused by thieves entering the insured location in order to steal the cycle, plus a receipt or estimate for repairing the damage.
If the cycle was stolen away from the insured location and was locked to an immovable object you must send to us a photograph of the damaged lock or the lock key plus a receipt for your approved lock. You must also enclose a photograph of the immovable object to which the cycle was locked.
If the cycle was stolen from a vehicle you must provide photographic evidence of any damage caused by the thieves when entering the vehicle.
If you were involved in a road traffic accident please prepare a sketch diagram of the road layout where the accident occurred indicating your position and that of any other party involved in the accident
Please notify a claim to us as soon as you can. If you delay, this can make it difficult for us to deal with your claim and may result in it being rejected.
Do not order a replacement cycle, or hire a cycle, until your claim has been approved and you have been told how it is to be settled.
If at any stage of the proceedings you are not sure what to do, or what is required of you for your claim to be processed and paid, please contact us on 0151 427 9529.
“You are a cycle owner resident in the United Kingdom who does not use their cycle for professional purposes other than commuting. In the last 5 years, the total value of all claims or losses relating to this insurance does not exceed £5,000 and you have not:
Butterworth Spengler (CycleSure) Ltd believe it is important for customers to know with whom they are dealing and to be assured that the cycle insurance product they are purchasing is genuine and backed not only by a major insurer but also by the protections which the insurance market and the financial services market have implemented to avoid customers being let down.
CycleSure cycle insurance is underwritten by Pen Underwriting as a Managing General Agent for Argo Direct Ltd and Covea Insurance plc and the scheme is managed by Butterworth Spengler (CycleSure) Ltd
If you wish to assure yourself that both
please visit the FCA website at http://www.fca.org.uk
phone the FCA directly on 0800 111 6768 (freephone).
You have a right to complain if you are dissatisfied in any way with the service we provide for you, and within the policy documents there is a formal complaints procedure. In the first instance you must write to The Managing Director, Butterworth Spengler (CycleSure) Ltd
A full copy of the Terms Of Business under which we operate is available by clicking on the link below:
All intellectual property which is contained within and has gone into the making of this website, belongs to, or to those organisations who have provided licences to us or software developers retained by us for the creation of this website in terms of text, graphics, rating engine, programming and any other technology.
This intellectual property must not be copied, replicated, altered, amended, downloaded, or any component parts used independently of the whole of the website. Nor can this website or any part of it be reproduced or stored in any other website or database, whether public or private, without our express written permission. Documents contained within this site, in whatever format, may not be modified or amended and may only be used for viewing purposes, or for the printing out of pages or extracts for personal use. We hereby reserve our rights in respect of any Terms or Conditions relating to any aspect of the intellectual property contained within this website, which have not been specifically expressed or set out by us herein.
Butterworth Spengler (CycleSure) Ltd gives no guarantee, warranty or representation regarding any aspect of the content of this website. We have done, and will continue to do, all that is reasonable to ensure that the content of the website is accurate and lawful, but we cannot accept liability for any losses or damages of any kind, financial or otherwise, direct or indirect, from your use of or from your inability to access the website at any time. We will use our best endeavours to ensure that any details and information contained in the website are accurate and up to date, but we can give no guarantee of this and we do not warrant that this is so, and you must use this website accordingly and at your own risk.
3. Suspension and Alteration
We reserve the right to suspend this website at any time, and for any reason and without notice. We also reserve the right to amend or vary the website in whole or in part and for any reason. The rates and premiums contained within the rating engine may be amended or varied by us, in total or in part, at any time, and for any reason, and without us giving notice to you. Similarly, we have the right to amend or vary any of the documentation which is accessible to you from the website, either to view, download or to print. However, once a Policy of Insurance has been issued to you following your purchase of cycle insurance, that document becomes immutable because it is your Contract of Insurance with the Underwriters.
4. Governing Law
At Pen Underwriting, it is always our intention to provide a first class standard of service. However, it is appreciated that occasionally things go wrong. In a majority of cases the agent who arranged the insurance will be able to resolve any concerns and You should contact them directly in the first instance.
Alternatively You can complain by contacting Pen Underwriting Limited (as per the contact details below) quoting Your Policy and/or Claim number. We will investigate Your concerns and provide a response as soon as possible.
Pen Underwriting Limited
7th Floor Spectrum Building
55 Blythswood Street
Telephone: 0141 285 3589
Should You remain dissatisfied having received a Final Response to Your complaint and You fit the definition of an ‘eligible complainant’, You may then be able to refer Your complaint to the Financial Ombudsman Service (FOS). Please note that the FOS allow 6 months from the date of the Final Response to escalate Your complaint to them. Further details on eligibility and the referral process can be found on the FOS Website.
They can be contacted at:
Post: The Financial Ombudsman Service Exchange Tower London E14 9SR
Telephone: 0800 0234567 (for landline users)
0300 1239123 (for mobile users)
You have six months from the date of our final response to refer your complaints to the FOS. This does not affect your right to take legal action, however, the FOS will not adjudicate on any case where litigation has commenced.
Thank You For Your Feedback
We value your feedback and at the heart of our brand we remain dedicated to treating our customers as individuals and giving them the best possible service at all times. If we have fallen short of this promise, we apologise and aim to do everything possible to put things right.
1. Our Commitment to You
2. System Security
Our website and database are hosted by Applied Interactive Media Ltd, Goodyear Business Park, New Street, Mawdesley, Lancashire, L40 2QP. Their procedures with regard to data warehousing, access and disclosure of information, are all in accordance with appropriate Data Protection Legislation.
We do not store or keep any credit card or debit card details on our system.
We must point out to you that emails are not guaranteed to be totally secure, and we recommend that you bear this in mind before you send any personal or confidential information to us by email. If you do so then this will be considered to be at your own risk.
4. Claims Data Protection
Pen Underwriting Limited are the data controller of any personal information You provide to Us or personal information that has been provided to Us by a third party. We collect and process information about You in order to arrange insurance policies and to process claims. Your information is also used for business purposes such as fraud prevention and detection and financial management. This may involve sharing Your information with third parties such as insurers, brokers, reinsurers, claims handlers, loss adjustors, credit reference agencies, service providers, professional advisors, our regulators, police and government agencies or fraud prevention agencies.