Glossary

Personal Mobility Insurance

DEFINITION

Personal mobility insurance covers medical expenses and personal liability arising from accidents that happen while riding a bicycle or a personal mobility device.

ELI5

If you get hurt or cause a problem while riding a bike or personal mobility device, this insurance can help with the costs.

Other related terms

Savings Insurance

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No Claim Discount (NCD)

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Investment-linked Life Insurance

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Mutual Fund

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