IFFCO Insurance Car

Can you tell me about the things that are covered and also that are not covered in the Car Insurance Policy offered by IFFCO Tokio?

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IFFCO Tokio offers an unmatched ‘Online Car Insurance Policy. It caters to every need of car insurance policy which includes a complete coverage of vehicle from act of God, physical damage, theft etc.

The Policy Covers:

• Loss or damage to the insured vehicle, due to the following:
o Fire, explosion and self-ignition.
o Flood, inundation, typhoon, hurricane, storm, tempest, cyclone, hailstorm, frost, lightning, earthquake, landslide, rockslide (Act of God perils).
o Burglary, theft, riot, strike, cruel 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 covers of Rs. 200,000 for individual owner-driver of the insured vehicle, while travelling in, mounting into or get off from the car. Reimbursement is payable for death and various types of permanent disabilities.
• Compensation of expenses up to Rs.1, 500 following an accident to the insured vehicle, for protection, removal/tow and redelivery of the car.
• Some of the important Extension covers available under the Policy on payment of additional premium are:
o Loss/damage to electrical/non-electrical accessories and to CNG/LPG fuel kit.
o Personal accident covers for unnamed passengers.
o Wider legal liability covers for driver/conductor.
o Participation in rallies by the insured vehicle.

The Policy does not cover
• 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 licence.
• Vehicle being used in contravention of limitations as to use (e.g. for hire or reward, organised racing or speed testing etc.).
• War and nuclear perils.
• Break 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.