IFFCO Tokio Car Insurance

Benefits of IFFCO Tokio Car Insurance Plans:

IFFCO Tokio Car Insurance Plans brings joy in the life of policyholders by providing them with huge benefits like

1. Unlimited zero depreciation cover
2. Coverage against natural calamities
3. Coverage against man-made events
4. Coverage for CNG kit
5. Round the clock roadside assistance
6. Digital signed policy
7. Free inspection and renewal of insurance policy right at the doorstep
8. Tokio value auto and On-road protection coverage on payment of little higher premium
9. 24*7 customer care service for claim settlement
10. Quick approval of insurance application and claim with minimal documentation
11. More than 20,000 agents across all branches in India

Features of IFFCO Tokio Car Insurance Plans

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

1. Third-party coverage
   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.
2. Personal accident cover
   IFFCO Tokio Car Insurance Plans provides the following under the personal accident cover to the policyholders

• Rs 2 lakh cover for owner or driver
• Reimbursement of redelivery, towing of the vehicle up to the maximum of Rs 1500
• Provides coverage for damage of electrical and non-electrical parts and also CNG kit
• Personal accident cover for named or unnamed passengers
• Cover towards legal liability for driver/conductor
• Protection to the vehicle against damages for participating in rallies

3. Network garages
   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.
4. No Claim Bonus
   No Claim Bonus is simply the discount offered after completing one claim-free year and this discount rate increases every year without claim - 1) No Claim Bonus is accumulated over time, 2) The range of discount offered is between 20% – 50%, 3) No Claim Bonus can be transferred to a new vehicle, 4) No Claim Bonus can be transferred to the legal heir as well, 5) No Claim Bonus becomes void if a claim has been made even once
5. Incurred Claim Ratio
   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%