Everything You Need to Know About IFFCO Tokio Car Insurance

This article is a guide for IFFCO Tokio motor insurance. Have a look.

Key Benefits of IFFCO Tokio Car Insurance

• Digitally Signed Policy- It offers a digitally signed policy for your convenience and comfort.
• Doorstep Services- In the event of free inspection for buying/renewing policy etc. doorstep services are provided.
• Cashless Settlement- Cashless claims settlement is offered at 2000 plus network listed workshops. Not just that, immediate attention is paid to your claims by trained in-house surveyors.
• Online e-survey Facility- An Online facility for registering claim is provided.
• Exclusive Coverage- You can avail ‘Tokio’s value auto coverage’ and ‘on road protection coverage’ by paying an enhanced premium.
• Around the Clock Support- call center service is provided 24 x 7 so that you can report (if any) mishap, claims query, issues, etc.

Two types of Plans- It offers two types of plans:

1. Liability Only Policy- It provides insurance coverage only for the liability incurred by the insured vehicle.
2. Comprehensive Cover Policy- It provides insurance coverage for own damage to the automobile as well as third-party damage.

Sum Insured- The amount insured is decided as per the automobiles Insured’s Declared Value (IDV) i.e. the value computed after deducting depreciation from vehicle’s market price on the basis of the vehicle’s age.

Discounts Galore- A wide range of discounts on your premium is offered based on the following:

No claim Bonus- A discount in the range of 20 percent – 50 percent is offered on ‘own damage’ premium for every claim-free year.

Automobile Association Membership- If you have a membership of any automobile association, you get a discount on your insurance premium.

Higher Voluntary Excess- If you opt for a higher voluntary excess, you get rewarded with a discounted premium.

Anti-Theft Device- If you’ve installed any anti-theft equipment in your car then you get discounted premium.

IFFCO Tokio Car Insurance Plan Coverage
Here is the insurance coverage offered by IFFCO Tokio Car Insurance.

Own Damage Coverage	It protects your vehicle against damage(s) due to fire, storm, typhoons, explosion,  floods, hurricanes, earthquakes,  malicious acts, landslides,  transit by roadways, railways, airway, inland waterways or lifts etc.
Third-party Liability Coverage	It protects you against financial liabilities due to legal expenses/claims settlement if your automobile has caused damage(s) to a third party resulting in bodily injuries, property damage or death.
Personal Accident Coverage	It provides a cover of 2 Lakh Rupees to the individual owner/driver.  It offers expenses reimbursement up to 1500 Rupees for re-delivery, towing, in case of an accident.  It provides coverage for any damage(s) or loss caused by electrical as well as non-electrical components of the vehicle including CNG/LPG kit.  It offers personal accident coverage for unnamed passenger(s).  It covers legal liability for driver/conductor.  It offers coverage in case your vehicle is participating in any rally.

IFFCO Tokio Car Insurance Policy Highlights

Here is the highlight of IFFCO Tokio Car Insurance

Features	Specifications
Third-Party Coverage	Up to Rs. 7.5 Lakh
Cashless Network Workshop	2,700
Incurred Claim Ratio	76.09
(Net) Earned Premium	Rs. 2,16,092

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