A Handy Guide to IFFCO Tokio Two-Wheeler Insurance Policy |
Posted: August 4, 2016 |
The rate of road fatalities is increasing with the number of vehicles in India, especially, in case of two-wheelers. Considering the scenario, having a two-wheeler insurance policy is essential to keep oneself secure while driving on the Indian roads. Not only a need but it is also a legal obligation to have a two-wheeler (even a car) insured before bringing it to roads. While it is not essential for a two-wheeler insurance policy to cover for your own vehicles damage, it must include a third-party liability cover. Talking about the best two-wheeler insurance policies available in India, IFFCO Tokio Two-Wheeler Insurance Policy is amongst the topers of the list. IFFCO Tokio Two-Wheeler Insurance Policy provides comprehensive and reliable protection to your beloved two-wheeler against all the risks, dangers, accidents, and eventualities. Benefits and Features of IFFCO Tokio Two-Wheeler Insurance Policy Buying IFFCO Tokio two-wheeler insurance policy allows you to avail a set of attractive benefits. Also, the features of this insurance policy are interesting and customer-friendly. They are as follows:
Coverage under IFFCO Tokio Two-Wheeler Insurance Plan
IFFCO Tokio Bike Insurance ensures Personal accident coverage equal to Rs. 1 Lac for the individual owner-driver of the two-wheeler insured under the policy. The policy also provides coverage against accidents that occur while riding and dismounting or mounting on to the two-wheeler covered under this insurance scheme. The policy also facilitates the policyholder with an option to choose additional personal accident coverageto prevent the pillion rider.
The insurance policy covers for any damages to your two-wheeler due to any of the natural calamities, such as fire, self-ignition, explosion,cyclone, frost, landslide, flood, typhoon, storm, inundation, tempest, hailstorm, lightning, hurricane, and earthquake;and Manmade Calamities,such astheft, riot, burglary, malicious act, strike, accident arising out of some external means, and damage whilst in transit.
This cover under the IFFCO Tokio Two-Wheeler Insurance Planprotects the insured two-wheeler from legal liabilities arising from property damages, accidental damages, total permanent disablement, and even death of a third party involved I the accident. Exclusions from IFFCO Tokio Two-Wheeler Insurance Plan The two-wheeler insurance policy offered by IFFCO Tokio is a comprehensive planthat ensureswide protection againstdamages or loss of the insuredtwo-wheeler, personal accidents, and third-party legal liabilities. The insurer also facilitates a hassle-free process for the application as well as renewal of the policy through its web portal. IFFCO Tokio policyholders are free to make both reimbursement and cashless claims via this portal.Additionally, they get to enjoy benefits, such as 24x7 claim assistance service and No Claim Bonus (NCB). However, like any insurance plan, there are certain events that the insurer would not be held liable to pay or cover for. They are as follows:
Calculation of Depreciation under IFFCO Tokio Two-Wheeler Insurance Policy Insurance providers compute the value of a two-wheeler for ascertaining the amount required to be paid as premiums. The value so derived is known as Insured Depreciation Value or IDV. It is a very crucial bit because the insurance provider pays this specific amount to the owner of the insured two-wheeler, as the cover amount in case of total loss or theft of the insured two-wheeler. In event of any kind of deduction or depreciation being applicable to the insured two-wheeler, the following depreciation rates shall be applicable with respect to the replaced parts:
Process for the Renewal of IFFCO Tokio Two-Wheeler Insurance Policy IFFCO Tokio General Insurance Company facilitates online as well as offline purchase and renewal of two-wheeler insurance plans in a hassle-free way. Whether you are a prevailing policyholder of IIFCO Tokio or have an insurance policy provided by another insurer and planning to switch over, the company ensures to get it done in a few simple steps. Online renewal is greatly recommended because it tremendously saves time as well as resources. To renew IFFCO Tokio Two-Wheeler Insurance Plan offline, you can visit any office, which is nearest to you, at least ten days prior to its date of expiration. You need to provide a copy of your valid Identity proof along with the original or copied policy document and the insured two-wheeler. Procedure for the Online Renewal of IFFCO Tokio Two-Wheeler Insurance Plan Before starting the renewal process of the policy, make sure that you keep at hand a copy of present policy document, contact number and the bank details. You just need to logon to the online portal of IFFCO Tokio General Insurance and go to the Buy or Renew Online tabin order to proceed. The web page would then automatically redirect you to a new window where you would need to enter the following details:
Then, after clicking on Search, the details of your policy would populate. Follow the directions given thereafter or the successful completion of the renewal process. In case of renewal or a two-wheeler insurance policy issued by another provider,the renewal can be done on the same webpage. This process would require you tofurnish details and information of the policy and the insured two-wheeler. The process requires just a few extra minutes than the time required for the renewal of policies issued by IFFCO Tokio. You may also choose to receive a Quotein order to compare premium of the present and the prospect policy with respect to the benefits offered by both.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|