IFFCO Tokio Comprehensive Bike Insurance

Benefits of IFFCO Tokio Comprehensive Bike Insurance

The benefits provided by an IFFCO Tokio comprehensive bike insurance policy are as follows:

• 24x7 Customer Support– The insurance company has an active customer support team that provides 24x7 assistance for claim settlement and other queries related to the policy.
• Cashless Repair- The IFFCO-Tokio General Insurance Company has a vast network of over 4300 garages across India where policyholders can avail cashless repair facilities.
• Total Coverage– It provides total coverage by offering financial as well as legal assistance to the bike owner in case of third party accidental liabilities. This assistance is also extended to damages/injuries sustained by the owner-driver and the insured vehicle.
• Add-On Covers- The bike owners can enhance their two wheeler insurance cover by purchasing add-ons, such as roadside assistance cover, zero depreciation cover, etc. at the start of the policy year. But, they will need to pay a little extra premium for the same.
• No Claim Bonus- If the policyholder has not made any claim during the policy period, he/she can get a no-claim bonus that provides saving on renewal premium of up to 50%.

IFFCO Tokio Comprehensive Bike Insurance vs Third-Party Insurance

Take a look at the major differences between IFFCO Tokio Comprehensive bike insurance and Third Party bike insurance plans below:

What is Covered under IFFCO Tokio Comprehensive Two-wheeler Insurance Plan?

A two wheeler insurance provides complete coverage to the two wheeler. Let us have a look at the coverage provided by IFFCO Tokio comprehensive bike insurance policy in detail:

• Third-party Liability Coverage- The IFFCO Tokio comprehensive bike insurance policy covers the accidental liabilities resulting from a third party for causing death, injury, permanent disability and property damage by the insured bike.
• Personal Accident Cover- The policyholder (owner-driver) gets a compulsory personal accident cover of Rs 15 lakh. The policyholder also gets compensated in case the bike accident leads to accidental death or disability.
• Coverage against Own Damages- If your vehicle suffers damages/ losses in an accident, fire, theft, natural disaster (such as flood, earthquake, etc.), or manmade calamities, the IFFCO Tokio own damage bike insurance will provide financial assistance for repair or replacement. 

What is Not Covered under IFFCO Tokio Comprehensive Two-wheeler Insurance Plan?

There are a few situations in which IFFCO Tokio General Insurance Company will not provide any coverage under comprehensive bike insurance. They are:

• Damages caused due to war
• If the owner was driving without a license
• If the damage has occurred under a contractual agreement
• If the accident occurred due to drunk driving
• Unless damaged in the accident, damage to tyres and tubes will not be compensated for
• If the accident has occurred outside the geographic region, as mentionedin the policy