IFFCO Tokio Car Insurance
| CASHLESS GARAGES | 4,300 |
| CLAIMS SETTLED | 96% |
| ZERO DEP. CLAIMS | UNLIMITED |
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IFFCO-Tokio General Insurance Company Limited was established in 2000. It is a joint venture between the Indian Farmers Fertiliser Co-operative Limited or IFFCO, and Tokio Marine Group from Japan, with 51% and 49% shareholdings, respectively. The company has an effective presence in rural areas and Tier 2, 3, and 4 towns all over India. Further, the insurer was the first among others to establish Bima Kendras (single-person operated centers) in India’s rural areas to increase insurance penetration. (1)
Overview
Having car insurance is really important if you own a car because the insurance not only gives you peace of mind but also provides you with financial and legal assistance in time of need. If you meet with any accident on the road or your vehicle gets damaged by any 3rd-party person or property, then the insurance will assist you. The IFFCO-Tokio Car Insurance Company provides you with instant policy issuance and roadside assistance.
Key Features
Below are some of the key features of IFFCO-Tokio Car Insurance:
- Third-Party Liability Coverage: This feature covers injuries or property damage caused to third parties because of an accident by the insured vehicle.
- Own Damage Coverage: Comprehensive policies offered by the company cover damages to the insured vehicle because of accidents, theft, fire, natural disasters, and vandalism.
- Personal Accident Cover: This insurance gives coverage for the vehicle owner or driver if they are injured or dead by the accident.
- Cashless Repairs: The insurance company provides cashless repairs at any network garage.
- Add-On Covers: There are optional coverages that one person can add to increase the policy's scope to enhance coverage, like zero depreciation cover, roadside assistance, and engine protection.
- Trusted Brand: Iffco Tokio has been serving customers for over 23 years, which makes it a trusted and reliable brand.
Key Metrics
|
Parameters |
Details |
|
IFFCO-Tokio Claim Settlement Ratio (CSR) |
95.82% |
|
Founding Year |
2000 |
|
No. of Network Garages |
4300+ |
|
No Claim Bonus |
20-50% |
|
Starting Price of Car Insurance Premium |
Rs. 2094/- |
|
No. of Add Ons |
13 |
Eligibility To Get a Car Insurance Plan
Below are the eligibility criteria for the IFFCO-Tokio Car Insurance policy:
- You need to be at least 18 years old and have a valid driver's licence.
- You must be a citizen of India
- The car must be registered under RTO (Regional Transport Office).
- You need to have your own vehicle with its registration certificate
Types of Car Insurance Plans Offered by Iffco Tokio
The types of car insurance plans offered by IFFCO-Tokio include:
- Third-Party Insurance Policy: This is a basic type of insurance policy that protects you against damages caused to the third-party vehicle. The policy also covers the physical injury caused to the third-party driver and passengers.
- Comprehensive Car Insurance Policy: This type of policy protects both third-party vehicles and your own vehicle. With this policy, you get coverage for accidents, natural calamities, theft, personal accidents, damage to third-party property, and injury to a third-party person, along with a “No Claim Bonus” of up to 50% and a choice of add-ons.
How much does Iffco Tokio Car Insurance Cost?
The IFFCO-Tokio Car Insurance policy premiums start from Rs. 2,094.
Add-ons offered by Iffco Tokio Car Insurance
The policy add-ons offered by IFFCO-Tokio car insurance to increase the protection of your plan are discussed below: (2)
- Depreciation Waiver Cover (Zero Depreciation Cover): The Zero Depreciation Cover helps you to get the entire claim amount, even if the value of your car depreciates.
- No Claim Bonus Protection: If you have not made any claims the previous year against the car insurance, then you will receive a No Claim Bonus. But if you make a claim, you’ll lose out on the bonuses. So, this rider will help you get the No Claim Bonus even if you make a claim.
- Engine and GearBox Protection cover: Engine protection covers the repairs of the engine and gearbox of your car against water ingression or leakage of lubricant oil.
- Return to Invoice: You will get the original invoice price of the vehicle, including registration charges and road tax if your vehicle faces a total loss due to a natural calamity or theft.
- Roadside Assistance: Roadside Assistance helps you in case of a mechanical fault, engine problem, or a flat tyre in the middle of the road.
- Garage Cash Cover: The Garage Cash Cover pays you for hiring another vehicle when your car is at the garage for repairs.
- Key Replacement Cover: This rider pays for the cost of replacing your car lock if your car gets burgled or you lose the car key.
- Windshield Glass Cover: The Windshield Glass Cover replaces your broken or cracked windshield with ease.
- Loss of Personal Belongings: It offers coverage if you lose any personal belongings from your vehicle, as long as you have locked the car.
- Consumable Cover: This rider compensates for the amount you spend on replacing consumable parts of the car after an accident.
- Ambulance and Medical Expense: If you or a third party gets injured in an accident, this rider covers the expenses for the ambulance and medical treatment.
- Personal Accident Cover: If you become disabled or die in a car accident, this rider protects your family financially in the future.
- Accident Cover for Car Passengers: If any passenger in your car gets injured or dies, they or their family (in case of demise) will get a lump-sum amount from the insurance company.
What Is Covered and What is Not Covered?
Some of the inclusions and exclusions of the IFFCO-Tokio car insurance policy are listed below:
Inclusions:
- Third-Party Liability: All the third-party property damages and injuries.
- Accidents or Collisions: Provides coverage for repair or replacement costs if your car meets an accident.
- Fire & Explosion Damages: If the car catches an accidental fire, IFFCO-Tokio car insurance will provide coverage for the damage.
- Vehicle Theft: Coverage if your vehicle is stolen.
- Natural Disaster Damages: Damages caused due to natural calamities, such as floods, cyclones, etc.
- Personal Accident Cover: If the insured dies or experiences a physical disability, compensation of up to Rs. 15 lakh is provided by the insurer.
Exclusions:
- Nuclear Events: Damages from nuclear reactions or radiations are excluded as these situations are highly destructive and rare.
- General Wear and Tear: General wear and tear that happens as the car gets older.
- Mechanical and Electrical Damage: General mechanical and electrical breakdown of the car.
- Driving under the influence of alcohol or drugs: If the driver is drunk and driving, the insurer is not responsible for any casualties.
- War-Related Damages: Damages caused by war, including battles or conflicts, are not covered.
- Driving without a licence: It’s illegal to drive without a valid driving licence.
How To Make A Claim For Iffco Tokio Car Insurance?
There are three ways you can use to make an IFFCO-Tokio car insurance claim:
- Mobile App - QCS
- Telephonic Call
- Through Website
Below are all three steps mentioned in detail.
Filing a claim through QCS App: QCS stands for quick claim settlement. Through the QCS app, you can easily make minor claims, which means claims under 50,000. Upload the necessary documents to the app, and after approval, your claim will be settled.
Telephonic call at the call centre: You can call 1800-103-5499 or 0124- 4285499, and the IFFCO-Tokio car insurance customer care team will guide you in your claim filing process.
Claim filing through the website: Visit the IFFCO-Tokio car insurance official website and log in with your registered Email ID and Password. Then, click on the ‘make a claim’ option and file your claim.
Iffco Tokio Car Insurance Renewal Process
Follow the below-mentioned steps to renew your IFFCO-Tokio car insurance policy.
Step 1: Visit the InsuranceDekho website
Visit InsuranceDekho’s website and click on the “Renew” option on the header menu.
Step 2: Verify Details
Enter your mobile number and verify it by providing the OTP.
Step 3: Select Your Policy and Review Details
In the dashboard, select IFFCO-Tokio from the list and review your policy information before renewing.
Step 4: Make Payment
To make the payment, choose between payment methods like UPI, debit or credit card, or through net banking.
Iffco Tokio Car Insurance Customer Service & Support
Iffco Tokio Contact Details
You can contact the IFFCO-Tokio car insurance company by using any of these methods: (3)
- Call Center Toll-Free No: 1800-103-5499
- Alternate Contact Number: 0124-4285499
- Email ID: websupport@iffcotokio.co.in
- Contact Form: Fill in the contact form (4)
InsuranceDekho Contact Details
To connect with InsuranceDekho customer service and support team, follow these ways:
- Phone Number: +91-7551196989
- Email: support@insurancedekho.com
Complaints & Grievance Redressal
Iffco Tokio Grievance Redressal
- Email: support@iffcotokio.co.in
InsuranceDekho Grievance Redressal
- Letter Address: Grievance Officer, Plot no.301, Phase-2, Udyog Vihar, Gurugram-122022, Haryana, India.
- Contact Centre: Call 7551196989 from Monday to Sunday, 24/7 (excluding public holidays)
- Visit our website: https://www.insurancedekho.com/contact-us.
Benefits of IFFCO TOKIO Car Insurance
- Avail unlimited benefits of zero depreciation cover
- Get help at your fingertips. IFFCO-TOKIO guarantees 24X7 emergency roadside assistance
- An expansive network of 4300+ garages
- Enjoy coverage for LPG/CNG fuel kit
- Damages and loss of electrical and non-electrical accessories is covered by the insurance company
IFFCO TOKIO Car Insurance Add-Ons
No Claim Bonus Protection Cover
No Claim Bonus can well be described as a bonus offered when you make no claims in the previous year. However, you do lose the privilege of opting for a claim. This add-on ensures that your No-Claim Bonus is safeguarded even if you proceed with a claim.
Road Side Assistance Cover
Think about the hassles you might put up with when stranded in the middle of nowhere? There could be a flat tyre situation, mechanical breakdown or engine failure. This is when a roadside assistance rider comes of great help. Immediate help is sent to you and services like towing, refuelling, key replacement and other valuable services are offered to you
Engine Protection Cover
If the engine of a car incurs damage, be certain that repairing it is an expensive affair. Pairing your policy with an engine protection cover ensure that in case of an engine breakdown or damage, you are not required to shell out anything
Key Replacement Rider
If your vehicle is unfortunately robbed or you have misplaced your keys, this rider covers the cost of lock replacement in your car
Return to Invoice Cover
In circumstances when your vehicle is deemed as a total loss, return to invoice serves as the most profitable add-on. Thinking how? Well, it helps you achieve the original invoice price of the car. Everything from registration charges to road tax are paid by the insurer
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IFFCO TOKIO Car Insurance FAQs
I am a careful driver. Should I still buy the IFFCO-TOKIO car insurance policy?
Signing up for IFFCO-TOKIO motor insurance policy is a time-consuming process. Is it true?
Absolutely not! Buying a policy takes a couple of minutes. IFFCO-TOKIO guarantees that your experience is seamless and hassle-free. Forget paperwork and long hours of wait. Sign up for a new policy quicker than ever imagined.
Why should I buy my car insurance policy from IFFCO-TOKIO? What advantages am I entitled to get?
IFFCO-TOKIO General Insurance has long been in the business and is a trustworthy name. Buying a motor insurance policy from the company guarantees a quick, smooth, and problem-free experience. You can get a new policy in hand quicker than thought. Reaching out to the company for immediate assistance is simple. Requesting for a claim and getting the same settled takes lesser time than anticipated. Affordable insurance plans are offered to customers.
I have the IFFCO-TOKIO car insurance. Under what circumstances is a pre- acceptance inspection required?
pre-acceptance inspection is an absolute must in circumstances like break-in insurance, insurance for an imported vehicle, alteration of a theft protection rider and scenario wherein a new cheque is received after a cheque bounce.
What is the best way of communicating with IFFCO-TOKIO?
You can always reach out to IFFCO-TOKIO by dialling 1800 103 5499. Little were you aware that the company offers round the clock assistance.
Why to buy from InsuranceDekho?
- Instant policy # within 5 mins
- More than 45 Lac happy customers
- Claim Support available all 7 days of the week