IFFCO Tokio Own Damage Bike Insurance

Riding a two-wheeler has a few risks and this can be a reason for your family to always worry about your safety. An insurance policy will give you a layer of protection against such risks by providing compensation for your own damage costs. Moreover, it also gives the insurance holder security in a time of crisis. If you purchase a standalone own-damage two-wheeler insurance it will provide protection for both you and your two-wheeler in several situations. This includes cases of theft, road accidents, fires, natural and manmade calamities. Purchased alongside your compulsory third party insurance it is sure to give you all-round protection.

Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance

What is Covered Under IFFCO Tokio Standalone Own-Damage Policy?

Following are the aspects that are covered under TATA AIG’s standalone own-damage two-wheeler insurance policy:

• Accidents that occur due to collisions and damage the two-wheeler.
• Damage caused to the two-wheeler due to a fire or explosion.
• Total loss or cases of theft.
• Natural or manmade calamities that damage the two-wheeler.

What is Not Covered Under IFFCO Tokio Standalone Own-Damage Policy?

Following are the aspects that are not covered under IFFCO Tokio’s standalone own-damage two-wheeler insurance policy:

• If the two-wheeler breaks down due to an electrical or mechanical failure.
• If Illegal driving leads to mishaps and damages the two-wheeler.
• General wear and tear, i.e., depreciation of the two-wheeler.
• Cases where there are mishaps outside the border of the country.

Following are the benefits of purchasing an IFFCO TokioTwo-Wheeler Insurance Policy:

• The own damage cover will take care of its own damage costs in several scenarios.
• The insurance provider will offer a No Claim Bonus for every claim-free year.
• There are several add-on covers available that you can select from with an own damage cover.

How To Purchase an IFFCO Tokio Standalone Own-Damage Policy?

Following are the steps you need to take to purchase an IFFCO Tokio Two-Wheeler Insurance Policy:

Step 1: Visit the InsuranceDekho website and select the ‘two-wheeler insurance’ tab on the home page. From the drop-down menu select the ‘Standalone Own Damage’ option.

Step 2: Provide your two-wheeler’s registration number. In case you do not have this information you can enter the two-wheeler’s make, model and year of registration instead.

Step 3: Next enter your personal details and any other information that is required. After this select ‘Submit and Get Quotes’.

Step 4: The quotes available for standalone own-damage two-wheeler insurance policies will be visible on the screen. Select one offered by IFFCO Tokio and select any add-ons you would like to purchase with it.

Step 5: Pay for your selected IFFCO Tokio standalone own-damage two-wheeler insurance policy and the policy document will be sent to your registered email ID.