ITGI provides policy for protecting risks covering all kinds of perils connected to various kinds of Vehicles, subject to underwriting policy of the company – be it for personal use or for commercial purposes – at a very competitive and affordable rates. Details of all the plans could not be provided as the range is very wide and subject to various conditionalities.

 

Please provide us an opportunity to connect with you so that we can offer you right policy, right coverage and at best price. You can also use our "Motor calculator" tool for assisting you in this regard.

 

However, some understanding of some of the popular retail plans from ITGI is given below

 

Private Car Policy

 

There are two basic types of Policy available. The Liability Only Policy is compulsory as per Motor Vehicles Act. The Package Policy is a comprehensive cover, including all the listed items of ‘What the Policy covers'.

 

What the policy covers and key benefits

 
  • Loss or damage to the insured vehicle, due to the following:

 

  • Fire, explosion and self-ignition.
  • Flood, inundation, typhoon, hurricane, storm, tempest, cyclone, hailstorm, frost, lightning, earthquake, landslide, rockslide (Act of God perils).
  • Burglary, theft, riot, strike, malicious or terrorist activities, accidental external damage, damage in transit by road, rail, inland waterway, lift, elevator or air.

 

  • Legal liability to any third party for injury/death (unlimited) or property damage (up to Rs 750,000), arising out of use of the insured vehicle at a public place. Coverage is in respect of the compensation amount (including interest), claimant's costs (if awarded) and defence expenses (incurred with Insurer's consent).
  • Personal accident cover of Rs. 200,000 for individual owner-driver of the insured vehicle, while travelling in, mounting into or dismounting from the car. Compensation is payable for death and various types of permanent disabilities.
  • Reimbursement of expenses up to Rs.1, 500 following an accident to the insured vehicle, for protection, removal/towing and redelivery of the car.
  • Some of the important Extension covers available under the Policy on payment of additional premium are:

  • 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.

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  • Document can be issued immediately at ITGI (IIFCO TOKIO) offices, POS centres.
  • Doorstep arrangements can be made for fresh or renewal covers, including arrangements for free inspection, in respect of break in insurance cases.
  • Hassle-free cashless claim settlement is effected at over 2,000 network garages/workshops.
  • Large fleet of trained in-house Surveyors utilised 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.
  • 24x7 call centre service is in place, for any support relating to claims.
  • Unique emergency assistance services available through Iffco Tokio's On Road Protector Coverage at a nominal extra premium, along with this Policy.
  • Unique bouquet of additional benefits available through Iffco Tokio's Value Auto Coverage at a small extra premium (depending on the benefits opted for), along with this Policy.
 

Two wheelers policy

 

Comprehensive Package Policy for two wheelers available that covers Loss or damage to the vehicle insured, Personal Accident and Third Party Liability.

 

What the policy covers and key benefits

 
  • Loss or damage to the insured vehicle, due to the following:

 

  • Fire, explosion and self-ignition.
  • Flood, inundation, typhoon, hurricane, storm, tempest, cyclone, hailstorm, frost, lightning, earthquake, landslide, rockslide (Act of God perils).
  • Burglary, theft, riot, strike, malicious or terrorist activities, accidental external damage, damage in transit by road, rail, inland waterway, lift, elevator or air.

 

  • Legal liability to any third party for injury/death (unlimited) or property damage (up to Rs 750,000), arising out of use of the insured vehicle at a public place. Coverage is in respect of the compensation amount (including interest), claimant's costs (if awarded) and defence expenses (incurred with Insurer's consent).
  • Personal accident cover of Rs. 200,000 for individual owner-driver of the insured vehicle, while travelling in, mounting into or dismounting from the car. Compensation is payable for death and various types of permanent disabilities.
  • Reimbursement of expenses up to Rs.1, 500 following an accident to the insured vehicle, for protection, removal/towing and redelivery of the car.
  • Some of the important Extension covers available under the Policy on payment of additional premium are:
  • 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.
  • Cashless claim facility at our Cashless Garage Network all across India.
  • No Claim Bonus: If you do not make a claim during the policy period, a No Claim Bonus (NCB) is offered on renewals. This discount can go as high as 50%. (NCB will only be allowed provided the policy is renewed within 90 days of the expiry date of the previous policy.)
  • Transfer your NCB: You can transfer full benefits of No Claim Bonus when you shift your motor insurance policy from another company to IFFCO-Tokio General Insurance. The discount rate remains the same, provided you show evidence that you are entitled to No Claim Bonus from your previous motor insurance. You can present the following:
 

Value Auto coverage

 

This is a set of unique additional benefits being provided at a very small cost to you, as holder of Iffco Tokio's Motor Package Policy, The insured perils for this coverage are exactly the same as under your Motor Package Policy, in addition to which you can choose the covers required by you. The list of some of the benefits is furnished below. Our representative can assist you more with understanding of your exact need:

 
  • For total loss claims of the insured vehicle, difference amount between the current ex-showroom price and IDV of the vehicle as mentioned in the Motor Package Policy will be paid.
  • The daily rental/travel cost of the Insured will be paid, for the period required to effect vehicle claim settlement (for both partial and total losses), subject to maximum time periods specified for such payment.
  • Cover for Insured's personal effects and belongings in the vehicle which get damaged following an insured peril operation, or get stolen from a locked vehicle, or get stolen along with the insured vehicle.
  • Reimbursement of medical expenses incurred by vehicle occupants (including driver, but excluding paid passengers), who get injured as a result of insured peril operation on the vehicle, or while resisting an act of theft/burglary on the vehicle.
  • Personal accident cover, which is more extensive than that available under the basic Motor Policy for all occupants (including driver, but excluding paid passengers). Coverage is granted for all permanent and temporary disabilities, as well as various additional benefits.
  • Protection of NCB benefit, wherein Insured's renewal NCB eligibility is unaffected by all standalone glass claims and is earned, retained or reduced (as per specified chart) for all other claims, depending on existing NCB entitlement and number of claims under the expiring Policy.
  • Increased third party property damage liability cover beyond Rs. 750,000 limit, as is available under the basic Motor Policy.
  • Reimbursement of cost incurred for removal of debris or wreckage, following damage to the vehicle due to an insured peril operation.
  • Cost of towing, removal and storage of the vehicle if it is not repairable at spot, in the above case.
  • Cost of hotel accommodation for the vehicle passengers up to 3 nights (subject to maximum limits), if vehicle is damaged due to operation of an insured peril, which requires repairing time above 12 hours.
  • Cost of transportation and redelivery of the vehicle (subject to distance limits), if repairs take more than 72 hours and Insured/Driver has left the incident place.
 

About ITGI

 

IFFCO-TOKIO GENERAL INSURANCE CO. LTD (ITGI) is a joint venture between IFFCO and The Tokio Marine and Fire Insurance Co. Ltd, Japan. After getting the license on 4th December 2000, we started our operations and within a short period, we have become one of the leading private General Insurance Companies in India.

 

At ITGI, we are fully committed to providing insurance products and services to you in a convenient and satisfying manner. Our Policies have been designed to provide you with more than just a healing touch in those unfortunate yet unavoidable circumstances of life. Our personalized service, customized covers and a wide array of non-life insurance products – from motor to travel, from household to personal accident, will give you complete peace of mind. We have made every effort to make our policies and procedures simple, transparent and customer friendly to give you The Life You Deserve.