IFFCO Tokio Value Auto Coverage

“We believe in keeping you safe”. This is a set of additional benefits provided at very small cost to you as a policyholder of Iffco Tokio Motor package policy. The perils covered under this policy is same as under motor package policy.

Read more


No documents required Compare & Save upto 85%* on Car Insurance
Renew in 2 minutes*
Chose from 20+ insurers
51 lakh+ Cars insured
Processing

Compare & Save upto 85%* on Car Insurance

*TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Key Features

  • There are 12 covers available under this policy out of which insured can choose according to his needs.
  • It covers the cost of belongings of insured in case car is stolen or it is stolen from the locked car.
  • Third party property damage liability is covered beyond Rs 7, 50,000 under this policy.
  • Reimbursement of cost of removal of debris is also covered.
  • Expense of towing is also covered.

 

Details about Premium

Premium will depend on the geographical area, sum insured, geographical area, cubic capacity and age of the vehicle.

Policy Details

Policy period: Policy is issued for one year.

Documents Required

Proposer needs to fill an application/proposal form to avail this policy. Insurer might ask the proposer to submit the documents of vehicle to check the purchase price and model number.

Inclusions

  • Waiver of depreciation is available under this policy.
  • No claim bonus can be availed under this policy i.e. reduction in premium in case of claim free renewal.
  • Maximum daily rental and cost will be covered as per following table:

                                       (For private Cars)

IDV (Insured Declared

Daily Rental Cost*

(i) Up to Rs. 4 Lacs

Rs. 600/-

(ii) Above Rs. 4 lacs and up to 8 lacs

Rs. 900/-

(iii) Above Rs. 8 lacs and up to Rs. 12 lacs

Rs. 1,200/-

(iv) Above Rs. 12 lacs and up to Rs. 20 lacs

Rs. 1,500/-

(v) Above Rs. 20 Lacs

Rs. 2,000/-

(vi) As opted by insured in the Standard Private Car Package Policy.

Value    As opted by insured but not exceeding 1% (one percent) of IDV (Insured Declared Value)

*The above figures may change. Please check the policy wordings for more details.

Insured perils are earthquake, landslide, riot, strike, fire, explosion etc.

Exclusions

  • Damage outside geographical area is not covered.
  • War and nuclear risks are not covered.
  • If the driver is under the influence of liquor, risk is not covered.
  • If the vehicle is driven by a person who is not licensed to drive under motor vehicle act.

Find similar car insurance quotes by body type

Hatchback Sedan SUV MUV
 Why buy from policybazaar

Car insurance articles

Recent Articles
Popular Articles
How Long Can You Wait to File a Car Insurance Claim?

22 Mar 2023

When an unanticipated road accident occurs, filing a car insurance
Read more
How to Transfer Car Ownership Online?

20 Mar 2023

A car's ownership is usually transferred if the car is sold to a
Read more
About Hybrid Cars -Types, Advantages, Hybrid vs Electric Car

16 Mar 2023

Due to their diverse benefits such as lower fuel economy and low
Read more
Vehicle Scrappage Policy in India: All You Need to Know

15 Mar 2023

With an aim to phase out unfit and polluting vehicles, the
Read more
Planning To Cancel Car Insurance? – Here’s What To Know

28 Feb 2023

Though rare, car insurance cancellations are pretty much evident
Read more
Check Car Insurance Status Online on Parivahan Sewa/ RTO?
It doesn’t matter if you are an excellent driver or take your car out only once in a few months, your car must be
Read more
Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your
Read more
How to Find Car Insurance Details by Registration Number?
As a car owner, it is mandatory to have a car insurance policy under the Motor Vehicles Act, 1988. Sometimes, you
Read more
Multiple Ways To Check Your Car Insurance Status Online
With everything going digital, checking vehicle insurance status online has become easier than ever. It not only
Read more
Transferring Car Insurance from One Person to Another
An integral part of selling a car, for both the buyer and the seller, is ensuring a successful car insurance
Read more

top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL