On the 1st of June we said goodbye to Laka Pro and replaced it with the brand new Laka Complete with a flexible Travel + Licensed Racing Add-On. Here’s everything you need to know:
Why are things changing?
We're continuously monitoring The Collective so that it's the fairest around! This includes speaking to customers to learn what you want from your cover, as well as reviewing our claims data and our policy wording.
We’ve learnt that Worldwide Travel and Racing aren’t needed 365 days a year and that they’re better suited to being turned on and off when you need it!
Our Product Line Up
Laka Core
Theft
Cover anywhere in the UK
Emergency Travel Expenses
Bike Rental during claim fulfilment
Multi-bike discount
Access to Laka’s Legal Services
Third-party cycling liability
Discounts on cycling gear and goodies
Laka Complete
Theft
Crash & Accidental Damage
Emergency Travel Expenses
Sportives & Events - for more info on this please see our FAQ
Cover anywhere in the UK
Bike Rental during claim fulfilment
Multi-bike discount
Access to Laka’s Legal Services
Third-party cycling liability
Discounts on cycling gear and goodies
Optional licensed racing and worldwide travel add-on
Optional Travel + Licensed Racing Add-On
Licensed Racing
120 Days Worldwide Travel
What is Licensed Racing?
Licensed racing is defined as any event in which you use your insured gear, where all of the following are true:
Requires You to have a race licence valid for participation, and;
Is defined as competitive by the event organiser, and;
Involves a massed start, and;
Is ranked by timed result or by competitive score.
Like our other policies, this does not include any professional racing.
What else has changed?
While making these changes we are keen to ensure that everyone in The Collective takes care and plays fair. With that in mind we are also applying the following conditions:
30 day lock-in period - You are tied-in to your policy for a minimum of 30 days (excluding the 14 day cooling off period when you first join!) That means when you upgrade cover or take out the travel & licensed racing add-on you are locked in for 30 days
Proof of ownership - For any item(s) of Insured Gear or a Lock: Laka will accept photographs of the items of Insured Gear that clearly shows the make and model of the bicycle and each aspect of the items in the state they were in when you added them to your policy as proof of ownership of the item.