Benefits, Add-On, Inclusions And Exclusions Under IFFCO Tokio Car Insurance

Iffco Tokio car insurance cater to the needs of those who plan ahead well for any calamity related to their four wheeler. It ensures all the assortment of misfortune events are well covered under its car insurance plan. Iffco Tokio includes coverage for any legal liabilities following death, injury or property damage of third parties arising out of your vehicle use.

Key Benefits of IFFCO Tokio Car Insurance

• Instantly, the digitally signed policy is provided for your convenience.
• In case of renewal of the policy, free inspection, and other issues, doorstep service is provided.
• Cashless settlement of claims is provided at 2000 plus network listed workshops.
• ‘On road protection coverage’ and ‘Tokio’s value auto coverage’ can be availed by paying an enhanced premium.
• Around the clock, customer care support is provided.

It Offers Two Types Of Motor Insurance Plans:

1. Liability only plan: It covers the liability incurred by insured vehicle.
2. Comprehensive cover plan: It covers own-damage of the automobile as well as the damage(s) caused to third-party.

The sum insured is decided on the basis of automobile’s IDV- the value computed after deducting depreciation from the current market price on the basis of the automobile’s age.

Attractive discounts are offered on the basis of the following terms:

• ‘No claim Bonus’ discount up to 20 – 50 percent is offered.
• If you have a membership of any automobile association you get a discount on your insurance premium.
• Opt for voluntary excess and avail amazing discounts on your insurance premium.
• If you have installed any anti-theft tool in your automobile you get discounts on your insurance premium.

Add-on Covers
Here are the add-on covers offered by IFFCO Tokio car insurance:

Depreciation Cover
In event of partial loss, it waives off car’s depreciation on metal or plastic components.

Third Party Cover

• In case of bodily injury or death of a third-party, it offers protection against third party liability.
• It offers coverage for the expenses incurred towards any legal or medical accountability.
• It covers damage repair expenses towards any third-party property.
• It provides coverage of up to Rs. 7.5 Lakh.

Personal Accident Coverage
It offers personal accident coverage of up to Rs. 2 Lakh for individual owner/driver.

Auto Coverage Policy By Iffco Tokio Car Insurance

IFFCO Tokio Car Insurance Inclusions and Exclusions

Inclusion
Here are the inclusions of IFFCO’s car insurance:

• Any loss of personal belongings by theft, In case the vehicle is stolen, then this inclusion is not applicable. 
• Any damage arising because of fire, self-ignition, explosion, or lightning
• Any loss or damage arising because of theft, break-in, riots, terrorist acts or malicious acts
• Any damage arising because of natural catastrophes such as floods, earthquakes, rockslide/ landslide, storms etc.
• Any damage arising because of transit via roadways, railways, airways, or inland waterways.
• Coverage against legal liability arising due to injury, death or property damage caused to a third party is provided.

Exclusions
Here are the exclusions of IFFCO’s car insurance:

• Any road mishap outside the pre-defined geographical area
• Any loss because of natural wear and tear, any consequential loss etc. aren’t covered.
• Any damage or loss or if the driver doesn't hold a valid license
• Any damage or loss caused because the driver is driving in an intoxicated state.
• Any damage or loss caused in case the vehicle is used for any purpose other than mentioned in the policy document.