There has been recent media coverage on the question of insurance for cyclists - please see this link for an example. It's well worth reading as it may raise a few issues that you haven't thought of!

The club regards it as essential that everyone takes out adequate insurance cover on a personal basis.

Personal cover is available from either BC or *CTC (*see section above) but you must apply for it as an individual.

It's very important to differentiate between the cover provided to the club (as a result of it's affiliation to various bodies) and your own personal insurance needs.

The following links may help to clarify:

http://www.ctc.org.uk/DesktopDefault.aspx?TabID=4462 

Note: the content above is not intended to be a definitive insurance guide or a recommendation for a specific provider.