IFFCO Tokio Bike Insurance

The Indian Farmers Fertilizer Co-operative, also known as IFFCO Tokio, is a leading general insurance company in India. The company has come into existence after a joint collaboration between Indian Farmers Fertilizer Cooperative and Tokio Marine Group. IFFCO is one of the biggest co-operative societies of Japan and Tokio Marine Group is one of the largest insurance groups in Japan. They have incorporated a vision to provide the best bike insurance and related service to the people of India.

The company was founded on the 4th of December in the year 2000. They have landed with a vision of fair company policies, quick assistance to the bike insurance and other related problems, and finally maintaining transparency between the company and policyholders. It works with a vision to grow and develop by adopting the best practices to ease the life of its customers related to their bike insurance, health insurance and so on. It is working in all sectors of insurance, be it Health Insurance, Cyber Insurance or Car and Bike Insurance.

IFFCO Tokio has successfully established its roots in urban areas and working tremendously towards expanding it towards the rural areas. The company has taken some valuable steps towards taking its insurance coverage to rural areas. It has registered its name as the first private insurance company to set up Bima Kendras in order to penetrate the reach of bike insurance policies and many other policies to every doorstep.

IFFCO Tokio Bike Insurance

IFFCO Tokio offers its customers extensive insurance coverage for their two-wheelers. There are three main types of two-wheeler insurance that customers can purchase in India, these include third party insurance, standalone own damage insurance and comprehensive plans. Third party insurance is compulsory and takes care of third party liabilities in case of a mishap. The second type, standalone own damage insurance provides compensation for the policyholder’s two-wheeler in case of an accident. The third type of insurance is the comprehensive insurance plan, this protects your two-wheeler in a variety of situations, these plans cover both own-damage costs and third party liabilities under a single premium.

To further strengthen your two-wheeler IFFCO Tokio insurance you can also purchase add-ons. There is a variety to choose from including the zero depreciation cover, the engine protects cover, return to invoice cover, roadside assistance cover and the insurance passenger cover to name a few. These can come extremely handy in the long run and make a significant difference to the compensation amount if selected wisely.

IFFCO Tokio offers its policyholders app-based claim settlement, NCB benefit with their own-damage cover up to 50% and has more than 4300 network garages where you can get your two-wheeler repaired in a cashless manner. The network garages are well placed and can be found across the country without difficulty.

Significant Points of IFFCO Tokio Bike Insurance