Iffco Tokio Two Wheeler Insurance

No paperwork
No Paperwork
No Paperwork Required
Two 3
No Inspection
No inspection required for expired policies
Hasslefree claim
Easy Claim Settlements
Enjoy hassle free claim settlements.
Zero depreciation
Zero Depreciation Cover
100% repayment at the time of claim settlement
Two 2
Third Party Damage Compensation
Don’t have to worry if you get stuck on road
Two 1
No Claim Bonus Discount
Get cover for consumables like oil, nuts, bolts etc.

IFFCO-Tokio General Insurance was incorporated on 4th December 2000 with a vision of being industry leader by building customer satisfaction through fairness, transparency, and quick response. It is a joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO) and its associates and Tokio Marine and Nichido Fire Group which is also the largest listed insurance group in Japan.

Loss Or Damage To The Vehicle Insured

Loss or damage to your vehicle caused by any one of the following events

  • Accident by external means
  • Burglary, House Breaking Theft
  • Fire, Explosion, Self Ignition, Lightning
  • Terrorism, Riots, Strikes, Malicious Acts
  • Transit by road, rail, inland waterways, air or lift
  • Earthquake, Flood, Storm, Landslide or Rockslide

Liability to third parties

Compensation for damage or liability causing bodily injury or death to another person.

Personal Accident Cover

Compensation for death injury/death sustained by the owner-driver of the insured two wheeler caused due to violent, accidental, external and visible means while travelling in the vehicle or during mounting into/dismounting from the bike.


Normal wear and tear.


Depreciation of the two wheeler is not covered.

Electrical and mechanical failure

General Electrical and mechanical failure of vehicle parts.

Alcohol or drugs

Claims arises due to driving a vehicle under influence of alcohol and drugs.

No valid license

Claims arises due to driving vehicle without valid driving license.

Nuclear risks

Claims arises due to nuclear risks.

How to make a claim?

  • The loss or damage should be reported to the insurer immediately.

  • On receipt of claim intimation, the insurer will forward a claim form.

  • Submit the completed claim form along with an estimate of the loss to the insurer. It is preferable to submit an itemized estimate with separate values.

  • The insurer will arrange for inspection of the damaged items to assess the loss. In case of major losses, a specialist-licensed surveyor is deputed.
  • The insured has to provide the required documents to substantiate the extent of loss.
  • In case the cause of loss is not established, it is for the insured to prove that the loss or damage has occurred due to an insured peril.
  • On agreement of claim amount between the insured and the insurer, the claim is settled.
  • Excess as stated as per the Policy terms and condition will be deducted from the claim payable.

Iffco Tokio Two Wheeler Insurance FAQs

  • What are the benefits of buying two wheeler insurance online?

    The online advantage enables you to buy the policy through web instantly, save time and save money. You can get a free quote, calculate your two wheeler insurance premium and buy with the same quote within seven days. You can enjoy hassle free buying without any paperwork. You can buy Iffco Tokio Two wheeler insurance policy online using credit card, debit card or net banking.

  • What are the discounts allowed under Iffco Tokio two wheeler insurance?

    The discounts are on No Claim Bonus offered on two wheeler insurance.

  • What will happen when the customer sells his bike?

    If you sell your bike to another person, the insurance can be transferred in the name of the buyer. The buyer (transferee) has to apply for transfer of Insurance with us, within 14 days from the date of transfer of the vehicle in his name. If you want to substitute another two wheeler of your in this policy, the policy will not be transferred to the buyer. The buyer (transferee) has to buy a fresh insurance.

  • What is an endorsement?

    An endorsement is a written evidence of an agreed change in the policy. It is a document that incorporates changes in the terms of the policy.

  • What is No Claim Bonus (NCB)?

    No Claim Bonus (NCB) is a discount on premium of the own damage (OD) portion of your vehicle when you renew your policy, provided you have not made any claim during the last policy period of one year. The NCB can be accumulated up to a maximum limit of 50% on own damage premium for private cars. You can transfer the full benefits of NCB, even when you shift your car insurance to Iffco Tokio from any other Insurance company.

  • Is my No Claim Bonus (NCB) transferable?

    Yes, in case you are changing from any other insurance company to Iffco Tokio GIC Ltd. and have accrued some NCB from them, you can get the same transferred in case your car is insured within 90 days of your renewal due date.

  • What is the third party liability cover?

    The Insured will be covered for any liability arising from any accident caused by or arising out of the use of the private two wheeler in respect of: Death or bodily injury to third parties (unlimited liability)/ Damage to the third party property (minimum of Rs.6000/- and max of Rs.7,50,000)