IFFCO Tokio Car Insurance Plans was established in the year 2000 as IFFCO Tokio General Insurance Company and is a joint venture between Indian Farmers Fertilizer Cooperative and Tokio Marine Group. Being one of the most trusted insurance companies in the country, IFFCO Tokio Car Insurance Plans provides unbeatable insurance policies designed specially to suit the needs of the customers.
Accidents happen unexpectedly and can cause huge damage both to life and finances which is why The Motor Vehicle Act made it mandatory for every vehicle to have an insurance policy that helps them during times uncertain and be prepared. In compliance with the same mandate, IFFCO Tokio insurance offers car insurance which keeps the policyholders protected from legal liabilities arising out of accidents and save money from the expenses or losses arising out of theft, damage to vehicle, accident or any other reasons. With unmatched services towards its customers, IFFCO Tokio Car Insurance Plans appreciates those who plan for misfortune events and stay safe.
IFFCO Tokio Car Insurance Plans brings joy in the life of policyholders by providing them with huge benefits like
IFFCO Tokio Car Insurance Plans has some of the most varied features and provides insurance coverage which benefits the customers. Some of the features of IFFCO Tokio Car Insurance Plans are
Under this feature, IFFCO Tokio Car Insurance Plans provides coverage to the policyholders by protecting them against liabilities arising out of third party loss or damage. It protects the policyholder by covering the legal expenses and third party claims arising as a result of injuries, death, or damage to the property.
IFFCO Tokio Car Insurance Plans provides the following under the personal accident cover to the policyholders
IFFCO Tokio Car Insurance Plans has a wide network of more than 4300 certified garages that provide hassle-free services to the policyholders. In case of emergencies, IFFCO Tokio Car Insurance Plans also provides the policyholders towing facility to the nearest garage for repair.
No Claim Bonus is simply the discount offered after completing one claim-free year and this discount rate increases every year without claim.
The incurred claim ratio is the ratio of claims settled over the premiums earned in a year. The IFFCO Tokio Car Insurance Plans has an incurred ratio of 79.19%
IFFCO Tokio Car Insurance Plans provides comprehensive car coverage under the following car insurance plans
This is a comprehensive car coverage that caters to all the insurance needs of the policyholders and secures their interest. The plan is designed to cover the cost of damage caused to the vehicle from natural and man-made disasters, provide security for third party liability, etc. This plan covers the following essential points
This car insurance policy by IFFCO Tokio comes with several added benefits like Zero depreciation cover, roadside assistance, death benefit, 24*7 customer care assistance and customization of the plan through add-on benefits.
This insurance policy provides coverage for the commercial vehicle and saves the policyholder from suffering losses due to external damages. This policy provides coverage for personal accident, third party liability, etc. This policy covers the following important points
This insurance policy provides benefits like garage services in more than 4300 network garages, instant insurance issuance, and fast claim processing.
IFFCO Tokio Car Insurance Plans premium depends on the following
Policyholders of IFFCO Tokio Car Insurance Plans enjoy the benefit of the below-mentioned coverage
IFFCO Tokio Car Insurance Plans provides third party liability cover to its policyholders under which it provides protection against financial expenses and losses incurred due to damage or loss to the third party and against the legal liabilities arising due to the loss of property, life or any bodily injury of the third party. IFFCO Tokio Car Insurance Plans provides coverage of up to Rs 7.5 lakh for third party liability cover.
IFFCO Tokio Car Insurance Plans provides coverage for own damage by protecting against losses due to
IFFCO Tokio Car Insurance Plans provides a personal accident cover of Rs 2 lakh for the driver/owner and offers Rs 1500 compensation for towing vehicle and redelivery of the vehicle.
IFFCO Tokio Car Insurance Plans provides additional coverage for extending added support to the policyholder by
For enjoying a total stress-free drive one must have an insurance policy that protects the policyholder and the interest of the insured completely and IFFCO Tokio Car Insurance Plans provides add-on features to enhance the policy coverage.
Nil depreciation cover or zero depreciation cover protects the policyholder from depreciation cost of the vehicle. The depreciated value is deducted at the time of claim settlement and this cover protects the policyholder from any such deductions
No Claim bonus is the reward of driving safely and protecting the interest of the policyholder by giving them a discount on the premium for making zero claims. No Claim Bonus protection safeguards the interest of the policyholder when the rate of No Claim Bonus is high and a claim can nullify the discount rate. This saves you from losing the bonus discount.
This add-on cover protects the policyholder from the costs or expenses due to loss or damage to the engine. This cover compensates the repair cost of the engine
This cover helps the policyholder in getting the original invoice price of the car along with road tax, registration charges, etc in case of the total loss of the vehicle. This add on cover is very useful in an area where the chances of theft are high.
This helps the policyholder in case of sudden vehicle breakdown, flat tyre, etc. Roadside assistance helps the policyholder by providing them help refuelling, replacing a lost key, a towing facility for the nearest network garage, etc.
This add-on cover provides for compensation and paying the policyholder daily allowance for the time when the vehicle is in the workshop for repair and you need to hire another vehicle for the commute.
This cover pays for the expenses of replacing lost keys or lock.
This cover compensates for the cracked or broken windshield and this does not affect the No Claim Bonus as well.
This cover protects against the loss of personal belongings in case of theft or damage to the vehicle
This cover protects the policyholder from bearing the cost of nut-bolts, engine oils, brake oils, filters, etc.
This cover takes care of the ambulancecharges or medical charges in case of injury due to accident
Under this add-on cover, the policyholders family gets financial security in case of the death or disability of the policyholder
This cover compensates through lump sum amount to the co-passengers in case of death or disability
IFFCO Tokio Car Insurance Plans provides discounts to the policyholders in the form of
The application process of IFFCO Tokio Car Insurance Plans- Buy and Renew
If you want to buy IFFCO Tokio Car Insurance Plans then all you have to do is follow these easy steps and enjoy a seamless process of buying an insurance policy for your car
Turtlemint is a platform that provides various options to compare the different insurance policies available and lets you choose the best policy after comparing the premium amount and other details. Through Turtlemint you also get added services like assistance for claim settlement and advice on policy decisions, etc. All you have to do is
When you want to renew your IFFCO Tokio Car Insurance Plans, you can do it from the website directly or through Turtlemint by following the steps given below
For claiming the insurance amount from IFFCO Tokio Car Insurance Plans one must follow the following steps
IFFCO Tokio Car Insurance Plans has the following exclusions when it comes to claiming settlement
IFFCO Tokio Car Insurance Plans caters to the needs of the policyholders by providing them with comprehensive insurance coverage for their vehicles. By providing round the clock services and 24*7 assistance, both online and on-road, IFFCO Tokio Car Insurance Plans is one of the best insurance policies available in India. Working tirelessly towards safeguarding the interest of the policyholders, IFFCO Tokio Car Insurance Plans ensures that the customers get supreme experience while using the IFFCO Tokio Car Insurance Plans to protect their vehicle.
You can contact IFFCO Tokio Car Insurance Plans company by calling them at their Toll-Free number 1800-103-5499 or writing them at email@example.com
The insurance policy is applicable when the driver is driving the insured vehicle with the permission of the owner
Yes, the insurance policy can be transferred in case the car is sold. The buyer will have to apply for a transfer within 14 days of the purchase