Life is unpredicted. None can predict accidents and mishaps. It comes all sudden and may wipe off your long-term savings. There is a saying “Prevention is better than cure”. It is applicable to your vehicle as well.
By not insuring your car, you are welcoming the risk, as insurance is the only safety measure that one can opt for to remain protected financially. Motor insurance helps you stay safe in the wake of consequences.
By not insuring your car, you are welcoming the risk, as insurance is the only safety measure that one can opt for to remain protected financially. Motor insurance helps you stay safe in the wake of consequences.
Many insurance companies have joined the race of making their product appealing and hence introduced a huge range of insurance products. Among them, IFFCO Tokio motor insurance policies are worth mentioning. The auto insurance policies designed by Iffco Tokio General Insurance Company have been deliberated to cater to the requirement of those who want to prepare for any calamity related to their two or four wheelers. Let’s have a glance at various coverage offered in Iffco Tokio auto insurance policy here:
Iffco Tokio Motor Plans
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Coverage
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Third Party Cover
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Up to 7,50,000
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Personal Accidental Cover
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Up to 2,00,000
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Own Damage Cover
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It covers the damages to your car due to any natural or man-made calamities
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- Experience a hassle-free and fast process. Electronically signed documents can be issued at the insurer offices, POS centres or can avail online
- The door to door services on a request basis for fresh or renewal of the policy, free inspection in order to break non-continuation insurance ratio.
- Fast cashless claim settlement at more than 2,000 network garages.
- Experienced surveyors for attending your claims on an urgent basis
- 24x7 prompt customer service
- Online e-survey claim module to lower the TAT in claim settlement
- Emergency service including ‘On Road Protector Coverage’ at a nominal extra premium, add-on benefit like ‘Value Auto Coverage ‘by paying a small amount of premium extra.
Iffco Tokio Auto Insurance Exclusions
- Incidents that occurred out of the geographical zone
- Any loss due to natural wear & tear
- In case the driver didn’t carry a valid license when the accident occurred
- Any loss or damage caused due to driving under the influence of alcohol or drugs.
- If the car is used for the purpose other than the mentioned in the policy
What the policy covers:
Any loss or damage to your vehicle due to the following
- Fire, explosion, and self-ignition
- Flood, earthquake, storm, landslide, rockslide, inundation, typhoon, tempest, cyclone, hailstorm, hurricane, frost, lightning
- Theft, burglary, terrorist attack, riot, strike, damage in transit by road, rail, air, waterway, lift, elevator, accidental external damage.
- Legal liabilities to third-party for accidental death or property damage up to 7,50,000 caused by the insured vehicle. The coverage is given in a form of compensation amount may include claimant’s cost and defense expense which is incurred with insurer’s consent.
- Personal accidental cover up to Rs. 2,00,000 lakh for owner-driver while traveling in, mounting or dismounting from the vehicle. The insurer will compensate for accidental death or permanent disability.
- Roadside assistance cover including towering the car to the garage for repairing/ removal or redelivery cost up to 1500
On payment of an additional premium one can get the below additional benefits with this policy:
- Get a cover for loss or damages to electrical/non-electrical items, CNG or LPG fuel kit.
- Also get personal accidental coverage for unlisted persons.
- Extended liability coverage for driver/conductor.
- Coverage if the insured vehicle participates in rallies.
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