IFFCO Tokio Car Insurance

Introduction on IFFCO Tokio Car Insurance

IFFCO Tokio General Insurance Company is a joint venture between IFFCO and the Japanese company Tokio Marine Asia Pte. IFFCO and its associates hold 74% equity in this joint venture while the remainder 26% is held by Tokio Marine Asia Pte. IFFCO Tokio car insurance policy strives to give you complete security and protection from unpredicted accidental loss as well.

The car insurance policy is must if you want to protect and fulfill your current as well as future liabilities. IFFCO Tokio car insurance gives you easy policy renewal options. Thus, the IFFCO Tokio Online Car Insurance Policy is a handy solution to all your needs related to car insurance. IFFCO Tokio car insurance covers every need of your car insurance policy which includes a complete coverage of your vehicle from act of God, physical damage, theft etc.

Key features and Benefits of IFFCO Tokio car insurance 

• Digitally signed Policy document can be issued immediately at IFFCO Tokio offices, POS centers, or for online purchases.

• Doorstep arrangements can be made for fresh or renewal covers.

• Arrangements for free inspection, in respect of break in insurance cases.

• Hassle-free cashless claim settlement is available.

• Cashless claim service over 2000 authorized network of garages across India.

• Large fleet of trained in-house Surveyors utilized for immediate attending to claims.

• Usage of online e-survey claims module by both in-house and external Surveyors, for lowest TAT in claim settlement.

• 24×7 call center service is in place, for any support relating to claims.

• Unique emergency assistance services available through IFFCO Tokio ’On Road Protector Coverage’ at a nominal extra premium, along with this Policy.

• Unique bouquet of additional benefits available through IFFCO Tokio ‘Value Auto Coverage’ at a small extra premium (depending on the benefits opted for), along with this Policy.

Discounts Available under IFFCO Tokio car insurance 

• Voluntary Deductible discount.
• No claim bonus.
• Automobile Association Discount.
• Discount on Vintage Cars.

Factors covered under IFFCO Tokio car insurance 

1. Loss or Damage to the vehicle Insured

• Accident due to external means.
• Burglary, housebreaking or theft.
• Fire, explosion, self-ignition, lightning.
• Terrorism, riots, strike or malicious act.
• Transit by road, rail, inland waterway, lift.
• Earthquake, flood, storm, landslide, rock slide.

Calculation of Depreciation levels under HDFC ERGO Car Insurance

Subject to a deduction for depreciation, the rates are mentioned below in respect of parts replaced:

1. For all rubber/ nylon / plastic parts, tyres and tubes, batteries and air bags – 50%
2. For fiberglass components – 30%
3. For all parts made of glass – NIL
4. Rate of depreciation for all other parts including wooden parts will be as per the following schedule.

Sum Insured calculation under HDFC ERGO Car Insurance

The Insured’s Declared Value (IDV) of the vehicle will be considered as the ‘Sum Insured,’ fixed at the commencement of each policy period for the insured vehicle.

2. Third Party Legal Liability

Provides cover for any legal liability arising out of the use of the vehicle for:

• Accidental death / injury to any third-party.
• Any damage to property owned by third-party.

3. Personal Accident Cover for Owner – Driver

 Extension covers available under IFFCO Tokio car insurance on payment of additional premium

• Loss/damage to electrical/non-electrical accessories and to CNG/LPG fuel kit.

• Personal Accident Cover for unnamed passengers.

• Wider legal liability Cover for driver/conductor.

• Participation in rallies by the insured vehicle.

Factors not covered under IFFCO Tokio car insurance 

• Any consequential loss or contractual liability.

• Mechanical or electrical breakdown, depreciation, wear and tear.

• Vehicle being driven under the influence of intoxicating liquor/drugs.

• Vehicle being driven without a valid license.

• Vehicle being used in contravention of limitations as to use (e.g. for hire or reward, organized racing or speed testing etc.).

• War and nuclear perils.

• Damage to tyres/tubes unless insured vehicle is damaged in the same incident, in which case 50% of replacement cost will be paid.

• Loss of accessories by theft, unless vehicle is stolen at the same time.

Documents Required to buy IFFCO Tokio car insurance policy

• Registration no
• Engine no
• Chassis no
• Previous policy number if you are holding any
• Month and year of vehicle manufacture,
• Date and city of purchase,
• Your address,
• Phone no and email id.
• Keep your RC copy by hand.

Claim Process in IFFCO Tokio car insurance policy

Documents Required for claim under IFFCO Tokio car insurance 

In case of accident to the insured vehicle

1. Duly filled and signed claim form and satisfaction voucher.
2. Registration certificate (RC).
3. Driving license of the person driving at the time of accident.
4. Original repair estimate, repair invoice.
5. Payment receipt for non cashless claims.
6. Original repair invoice for cashless claims.
7. AML documents for amount more than 1 lac
   • PAN Card
   • 2 Passport size photo
   • Residence proof.

8. Form no 35 and original NOC from financier.
9. A copy of FIR is required in case of third-party injury/death/property damage.

In case of theft

1. Duly filled and signed claim form and satisfaction voucher.
2. Original Registration certificate (RC).
3. Original Policy copy.
4. Copy of FIR
5. All original keys and vehicle invoice copy.
6. No trace report confirming that the stolen vehicle is not traceable.
7. Form 26,28,29,30,35 duly signed by RTO transfer papers.
8. AML documents for amount more than 1 lac.
   • PAN Card
   • 2 Passport size photo
   • Residence proof.

IFFCO Tokio car insurance policy renewal procedure

1. Visit www.iffcotokio.co.in to IFFCO TOKIO car insurance renew online.
2. Visit IFFCO TOKIO nearest branch/ agent.
3. Send a copy of the renewal notice along with premium cheque to IFFCO TOKIO branch/corporate office.
4. Call our toll-free number 1800-103-5499.

IFFCO Tokio car insurance premium Calculator

Through IFFCO TOKIO Car Insurance premium Calculator we can calculate the annual premium based on depreciation value and IDV value given. IFFCO TOKIO Car Insurance premium Calculator gives you approx amount to be paid during buying new policy and renewing the old policy depending upon the details you have given.

IFFCO Tokio car insurance customer care no

24 X 7 toll free : 1-800-103-5499

Alternatively you can also call : (0124) 428 5499

Email : websupport@iffcotokio.co.in

By Post:-

Corporate Office,

IFFCO Tower,

Plot No. 3, Sector 29, Gurgaon -122001

Haryana(India)

FAQs on IFFCO Tokio car insurance