IFFCO Tokio Third-Party Bike Insurance

Third-party insurance is meant to protect the third-party damage that may be caused by an insured vehicle. It is a single cover, designed exclusively to protect the third-party liabilities arising out of property damage, death, or disability. IFFCO Tokio third-party bike insurance helps in reducing third-party liabilities and is a cost-effective plan that provides you relief by saving you from unwanted legal liabilities and stress brought about by heavy financial expenses.

IFFCO Tokio Third Party Bike Insurance v/s Comprehensive Bike Insurance

Features	IFFCO Tokio Third Party Bike Insurance	IFFCO Tokio Comprehensive Bike Insurance
Coverage	Covers damage to third-party property or injuries	Covers third-party liability, own bike damage, and personal injuries
Legal Requirement	Mandatory as per Indian law	Optional but recommended for full protection
Own Bike Damage	Not covered	Covered for accidents, theft, fire, and natural disasters
Personal Injury Coverage	Not covered	Covered under personal accident add-ons
Third-Party Liability	Covers third-party property damage and injury claims	Covers third-party property damage and injury claims, plus own damages
Premium Cost	Lower compared to comprehensive insurance	Higher due to broader coverage
Add-On Covers	Not available	Available (e.g., zero depreciation, return to invoice, etc.)
Theft Protection	Not covered	Covered under comprehensive policy
Natural Disasters	Not covered	Covered (e.g., floods, earthquakes, etc.)
Accidental Damage	Not covered	Covered for own vehicle

What is Covered and Not Covered in IFFCO Tokio Third Party Bike Insurance

1Inclusions (What is Covered)

It covers third-party property damage caused by your bike.
This policy covers legal liabilities due to injuries or death of a third party in an accident.
Give financial protection for third-party claims in case of an accident involving your bike.
The policy fulfils the mandatory legal requirements for riding a bike in India.

2Exclusions (What is Not Covered)

Damage to your own bike in case of an accident.
Theft or loss of your bike.
Personal injuries to the bike owner/rider.
Damages caused due to natural disasters (floods, earthquakes, etc.).
Damage due to man-made disasters like riots or vandalism.
If the accident occurs while breaking traffic rules or riding under the influence of alcohol or drugs.
Consequential damages or mechanical/electrical breakdowns.

FAQs

Yes, you can easily purchase a third-party two-wheeler insurance policy online. It’s a quick and cost-effective way to get insured. You can compare the benefits and features of different plans, helping you choose the best policy that fits your needs.

If the third party gets injured, suffers permanent damage, or even dies because of the accident, then an insurance company will provide a settlement amount to the person or nominee in the policy document.

Yes, in India, you must have at least a third-party insurance policy for all two-wheelers in India. It covers any damages or losses caused to a third party in an accident.

You can track the status of your policy for a two-wheeler easily by logging onto the IFFCO Tokio website or mobile application using your account. In case you do not have access to them, you contact their customer support, and they help you with the same.

If you lose your insurance policy document, don’t worry. You can download a copy of your policy from the IFFCO Tokio website or request a duplicate copy through their customer service.

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IFFCO Tokio Third-Party Bike Insurance