Get hold of a copy of the policy booklet from somewhere. What they now call the Insured Warranty scheme isn’t the good deal it used to be. The excess on claims is high. The list of items the warranty won’t cover is longer than you’d expect. I’ve just cancelled the one on my K1200LT. (£43 a month) The price, even for peace of mind, was just too much, given the restrictions on where you can ride, under lockdown, and with dealerships closed anyway.
When I telephoned the warranty people, I asked whether owners who’ve had one over the last 12 months would be getting any discount for 2021/22. Clear from the reply, that this was something they’d never considered, and weren’t going to do.