Life Insurance

Halifax Home Insurance suggests that fans of two-wheeled transport should make investments in high-security locks, following a study which reveals one bike is stolen every 71 seconds in the UK.

Failing to cover your bike with the relevant insurance could result in cyclists being unable to claim for reimbursement in the event of a theft.

"With the majority of thefts coming from bikes that have been placed under lock and key, it may be worth considering spending a little more money for a high security lock that might stand a better chance of deterring a thief."

Transport for London launched its Share the Road campaign this week, which is aimed at encouraging drivers to consider the vulnerability of cyclists on the capital's roads.

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