You’ve almost likely heard of IFFCO-Tokio General Insurance. For years, the firm has been in the race and is a household brand in general insurance circles. IFFCO-Tokio was established on December 4, 2000, with a defined aim. Fairness in corporate policies, transparency between the insurance and its consumers, and, lastly, timely aid response.
The corporation was formed by the Indian Farmers Fertilizer Co-operative (IFFCO) and two other well-known Japanese organizations. One of the sponsors is Tokio-Marine, while the other is Nichido Fire Group. Both firms are classified as large insurance companies in Japan, which may surprise you.
What is IFFCO Tokio Car Insurance?
An automobile insurance coverage functions similarly to a financial safety net. It protects you against the financial consequences of unforeseen events that may cause damage to your car. Accidents, thievery, floods, and other natural and man-made disasters are examples of such terrible events.
Car insurance also protects your legal duty to compensate for the losses and injuries of others in the event of an accident. Overall, vehicle insurance coverage provides total peace of mind against the different hazards on the road.
It also offers different types of add-on covers, such as zero depreciation, roadside assistance, coverage for CNG or LPG fuel kit, coverage for loss or damage to electrical or non-electrical accessories, engine protection, No Claim Bonus (NCB) protection, and so on, in addition to standalone own-damage car insurance plans and comprehensive car insurance plans. A personal accident policy can also be purchased, with compensation payable in the event of the owner’s death or incapacity as a consequence of an accident.
Why go with IFFCO Tokio For Car Insurance?
Your automobile is an important asset. As a result, it must be secured by suitable auto insurance coverage. This is where they can assist! Their policies are designed to give the most comprehensive coverage for your four-wheeler. Here are some of the reasons why you should go with IFFCO-Tokio General Insurance Co. Ltd. for your automobile insurance.
If you have a car insurance policy with IFFCO Tokio, you may take advantage of the company’s different perks, such as app-based claim settlement within 4 hours, NCB reward of up to 50%, cashless repair services at over 4300 network garages distributed equally across the country, and so on.
- Trusted Brand – Since 2000, they have provided their customers with a comprehensive selection of insurance packages.
- Quick Claim Settlement – They provide a QCS service that allows vehicle insurance claims to be handled in minutes.
- Claims experience – In FY2019, they cleared 8.61 lakh claims and had a claim settlement percentage of 92.65 percent.
- Instant Policy Insurance – IFFCO-Tokio makes it simple to purchase an online vehicle insurance coverage! Furthermore, you will receive quick policy issuance!
- Awarding winning protection – For AI-based claim evaluation of damaged automobiles, IFFCO-Tokio received the 2019 IDC Digital Transformer Award for India.
- 20,000 agents & branches across India – Their insurance are available through over 20,000 agents and outlets spread across the country.
Benefits of IFFCO Tokio Car Insurance
- Take advantage of the endless benefits of zero depreciation coverage.
- A vast network of around 4300 garages.
- Get assistance right away. IFFCO-TOKIO provides 24-hour emergency roadside assistance.
- The insurance company covers damages and losses to electrical and non-electrical accessories.
- Enjoy LPG/CNG fuel kit coverage.
Steps to buying IFFCO Tokio Car Insurance
It is simple for you to obtain automobile insurance! Simply visit your local IFFCO-Tokio location, and their specialists will assist you in selecting the best plan for your needs. You may be confident that you will leave the branch with coverage for your automobile. If time is of the essence, you may also purchase an online vehicle insurance coverage from their website. All you need to do is follow the three easy steps outlined below:
- Fill in your information – Simply locate and click on the ‘purchase policy’ option once on the page. You will need to input some basic information about your car before clicking the submit button.
- Personalize your strategy – They will provide you with a quote for several types of auto insurance policies based on the information you provide. You may select a plan based on your requirements and fine-tune it to meet your specific requirements.
- Payment of the premium – When you’re pleased with your plan’s coverage, just click the ‘purchase now’ option. You will need to provide a few more details before making the payment. The policy will then be yours!
Benefits of Buying an online IFFCO Tokio Car Insurance Policy
- Quicker to buy
You will save a lot of time if you skip the trek to the branch and return. There’s also an online option that takes only a few minutes to complete. Overall, purchasing vehicle insurance coverage online may save you a lot of time!
- Paperless Procedure
There is no need to fill out lengthy forms and submit stacks of paperwork. There is no actual documentation involved in purchasing an online vehicle insurance coverage! In addition, they will email you the policy document so that you always have a soft copy on hand.
- Convenience is essential
Yes, purchasing vehicle insurance coverage is really handy! You are not required to visit their branch during specified business hours. Simply relax on your couch and purchase a plan at any time of day or night!
IFFCO Tokio Car Insurance Claim Procedure
- Contact Insurance Company – Call the IFFCO-TOKIO helpdesk at 1800 103 5499 or visit to the workshop to register the claim.
- Visit the Workshop – You may either drive your car to the nearest workshop or have it towed.
- The Survey Begin – A surveyor is assigned within 24-48 hours of the claim being filed.
- Documents Must Be Provided – Documents such as the Driving License, Claim Intimation Form, Aadhar Card, PAN Card, RC, Repair Estimate, and Policy copy are required.
- Survey completed successfully – In 24-48 hours, a detailed survey of the car is finished.
- Delivery Order Has Been Issued – Following the completion of the repair, a complete survey is performed, and a delivery order is given.
