Life is a mysterious place to be where things can take a wrong turn and accidents can dash in anytime. The only way out from the damage is prepping up for challenges with all the all the possible plannings. The plot doesn’t change even if it is a case of car accidents. That is why you always have a choice to avail car insurance. You can seek any insurance company to get a car insurance but the type of coverage you want, premium rates and many other factors mould your choice of insurer. In this section, you will know about IFFCO Tokio Car Insurance, its features and benefits alongside the insurance claim procedure. Let’s explore.
IFFCO Tokio General Insurance > Highlights
|Network Garages||4300+||Claim Settlement||90.69%|
|Third-Party Cover||Available||Policies issued||1,00,000+|
|Zero Depreciation||Available||Emergency Assistance||24/7|
Running as a joint venture between The Indian Farmers Co-operative (IFFCO), Nichido Fire Group and Tokio Marine, the IFFCO Tokio General Insurance Co. Ltd. backs the requirements and preparations of people who wish to design a sturdy plan to avoid unpredictable disasters in their life. IFFCO Tokio car insurance looks after the needs and plans of car owners who are willing to safeguard their car from unfortunate events.
IFFCO Tokio four wheeler insurance comes with a plethora of features of benefits that you can pay attention to before you leave for buying a car insurance policy. Everybody wants a quick procedure, a policy-perfect plan and attractive add-ons. Let us see what it has to offer to you.
Here are some important features and benefits of IFFCO Tokio car insurance:
IFFCO Tokio car insurance works on offering coverage plans to people with different requirements and profiles.
You are offered different types of coverages that offer a hand in covering third-party financial liability, loss due to natural calamities, theft etc.
You go through a hassle-free procedure.
It has 2,000 network garages to proceed with a cashless claim settlement.
You get a privilege of services like renewal at your doorstep.
The surveyors are well-trained and take a minimum time frame to look after the claim.
A collection of emergency treats such as on road protection cover, engine protection, no claim bonus etc. are offered as additional covers at extra premium.
You can use its features like enrollment, policy enrollment etc. online.
IFFCO Tokio car insurance caters to customer services with a 24x7 help desk.
Since your car is insured and caressed by a suitable coverage, you can sleep with a completely sane mind.
Is the coverage which you have purchased from IFFCO Tokio four wheeler insurance not enough? Well, there is always an add-on to give you extra protection against unpredictable events. IFFCO Tokio car insurance offers additional covers for car insurance policy that basically enhance the scope of overall insurance coverage. You can pay an extra sum of premium and buy additional covers.
Here are the most common add-ons provided by IFFCO Tokio car insurance policy:
While a standard car insurance policy only covers the depreciated value of car parts, the depreciation waiver add-on cover by IFFCO Tokio does not consider the depreciation. Buying the zero-depreciation add-on cover gets you the full value of different parts of your insured car.
No Claim Bonus Cover
When you make no claim during your standard IFFCO Tokio car insurance policy tenure, you are treated with up to 50% discount on policy renewal. This discount is not availed in case you make even a single claim during the period. Buying a no claim bonus add-on cover frees you from this barrier and allows you to retain the offer even after making claims during the tenure.
Return to Invoice Cover
In a standard car insurance plan, you only get the IDV of your car in case of total loss but with the return to invoice add-on cover, you can claim the on-road amount of your insured car.
Roadside Assistance Cover
You are driving late at night and your car breaks down. This betrayal can cause you a headache and frustration. IFFCO Tokio car insurance offers a roadside assistance add-on cover which comes with 24x7 roadside services such as taking you car for towing, cab etc. This helps you wait less and get your problem resolved without dialing heck of numbers.
|Two wheeler insurance||Life insurance|
You need to follow these important steps in order to claim IFFCO Tokio car insurance policy:
First things first, you shall intimate everything about the accident to your insurance provider. Make sure you do not skip anything. When you claim an insurance policy, every detail you intimate to your insurer is crucial.
Once the insurance company has received the report about damage and loss, they will share an IFFCO Tokio motor claim form with you.
You need to fill the IFFCO Tokio motor claim form and then submit it to the insurer. Additionally, submit a document of an estimated amount of loss occurred in the case of an insured car. Know that this will promote a faster claim settlement process.
The insurance company will depute a surveyor for the inspection process who will monitor all the damages and losses occurred to your vehicle.
Now, you are supposed to submit all the documents required by the insurer in order to avail the coverage.
After the completion of the entire procedure, the amount of claim which is agreed between you and the insurer shall be settled.
The deductibles will be subtracted from the claim settlement amount and have to be paid by you.
Whenever you visit the company branch or website to claim IFFCO Tokio motor insurance policy, you must ensure the presence of all the documents that need to be attached with the claim form. If you fail to do so, you will invite the risk of getting the application rejected.
Here are the important documents that you need to submit when claiming car insurance:
Copy of your insurance policy
Valid driving licence
Registration certificate of your car
Additional required documents:
Bills/receipts of repairs
Record of medical expenses
Any other record of expenses
Frequently Asked Questions
If you wish to renew the IFFCO Tokio car insurance plan, you have to follow this procedure:
First of all, you need to log into e-portal. In order to do that, enter your policy details.
Select an option which you are going to use to make payment. Alternatively, you can visit the nearest branch in order to deposit cash or cheque.
Save or get a print of premium deposit receipt.
You can make payment for your IFFCO Tokio car insurance premium using the following modes:
Cash or cheque payment at the branch
Via mobile app
Online: If you want to make offline payment then here are the available options that you can use:
In order to renew the IFFCO Tokio car insurance policy, you need to submit following documents:
A cheque to make payment of premium
Renewal reply form: You can mention any changes that you wish to make regarding your coverage.
If you want to get your IFFCO Tokio car insurance policy cancelled then you can visit the nearest company branch and submit the policy documents there. You will be intimated about the refund via SMS and it will be credited into your account.
Know More About
You're eligible for a Iffco Tokio Car Insurance if you:
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
Your eligibility depends on:
Earn more than minimum income required
Maximum allowed Car Insurance is Rs. 10K to Rs. 45 lakhs
EMIs of other loans loweryour eligibility
Boost your eligibility by:
Pay off your credit card bills
Choose longer tenure loan up to 5 years
Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:
- 1. Photo ID and age proof
- 2. Signed application form with photograph
- 3. Residence proof
- 4. Last 6 months bank statement
- 5. Documentation for salaried applicants:
- Last 3 months salary - slips
- Form 16 or Income Tax Returns
- 6. Documentation for self-employed applicants:
- Last 3 years Income Tax Returns with computation of Income
- Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account