Mahindra is a well-renowned automobile manufacturing company based out of India since its inception in 1945. This company manufactures vehicles that are trusted in various households since the past six decades. It is one of the most successful brands in the Indian car market. These cars are durable, stylish, and safe while offering you with various features at a very affordable rate which is one of the many reasons why people think about Mahindra while planning to purchase a vehicle.
Mahindra Bolero Neo is a 7-seater compact SUV with premium Italian interiors and Authentic SUV exterior design giving a powerful performance with a mHawk 100 engine which offers you a good driving experience on multi Indian terrains. It has a tough body with ladder-on-frame construction which provides you with maximum safety. These cars are spacious and offer numerous features such as airbags, eco-mode, voice messaging system, etc.
A valuable possession like this should be well protected from damages caused due to accidents or other mishaps. You should purchase a good Bolero Neo car insurance policy to protect yourself from the expenses you may face in case of an accident. Continue reading to know more about Bolero Neo car insurance policy.
Car insurance is a contract between you and the insurance company that protects you against financial losses in the event of an accident. In exchange of paying a premium, the insurance company would agree to pay your losses and cover the damages caused to your vehicle. A full-proof insurance policy offers you with peace of mind that the insurance company has your back if your vehicle experiences unprecedented damages of any sort.
We, at IFFCO Tokio General Insurance Co. Ltd., are adopting new technology to provide you with your Bolero Neo car insurance policy quicker with more convenience!
One of the ways we are doing this is through our Quick Claim Settlement (QCS) App that allows you to choose from our list of services right at your fingertips! You could even choose to submit a claim with nothing but just your smartphone and receive compensation of up to Rs. 50,000 within 4 hours.
We have spent 19 years in the insurance industry settling numerous claims and having an excellent claim settlement ratio which is just one of the many reasons why over 1,00,000 individuals entrust us with all their car insurance requirements.
We provide cashless repairs in more than 4300+ network garages that are spread across the country.
We offer a Quick Claim Settlement (QCS) facility under which you can seamlessly claim your Bolero Neo car insurance policy within a few minutes!
We have been servicing our customers with a range of insurance policies since 19 years.
We won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles.
We have more than 20,000 branches and agents that are evenly spread across the country from where you could purchase our Bolero Neo car insurance policy.
There are two types of Mahindra Bolero Neo car insurance policy available. You should purchase your preferred car insurance policy that would cover all your needs.
Third-party Bolero Neo car insurance policy fulfills the basic insurance requirement and is required by law to drive your Bolero Neo vehicle on Indian roads. They provide you with basic protection and do not provide coverage for damages done to own vehicle. Third-party insurance only compensates for the damages and losses caused to a third-party individual(s) or property in an accident with your involvement.
Comprehensive Bolero Neo car insurance policy provides you with complete protection for your Bolero Neo vehicle. In addition to third-party cover, this policy also covers the damages and losses caused to your own vehicle due to road mishaps, acts of nature and man-made calamities such as riots, thefts, etc. There are various add-ons that you could choose to widen the coverage of your Bolero Neo car insurance policy.
You can purchase your Bolero Neo car insurance policy from us in different ways! The first option is by physically visiting our nearest branch and purchasing it from there. Our well-trained executives are very helpful and will guide you throughout the purchase process. You could also purchase your Bolero Neo car insurance policy online through our website by following these 3 simple steps!
You need to enter a few basic details of your Bolero Neo vehicle. These details will help us find the best Bolero Neo car insurance policy for you!
You then need to choose the coverage and add-on benefits as per your needs. Our add-on benefit Insured Declared Value (IDV) is particularly advantageous and also customizable to help you find the best Bolero Neo car insurance policy.
Lastly, you need to complete the payment process after verifying the information entered in our database. The documents of your Bolero Neo car insurance policy will be sent to your email ID instantly after completing the payment.
Here are a few reasons why you should buy your Bolero Neo car insurance online.
A lot of paperwork would be reduced while buying your Bolero Neo car insurance online and helps you contribute to the environment.
You are provided with discounts on your Bolero Neo car insurance premiums while purchasing it online!
You can easily active the claim of your Bolero Neo car insurance by just entering your information and paying the premium for it.
Our Bolero Neo car insurance policy safeguards your vehicle from the damages and losses incurred due to the following reasons.
Provides coverage against the damages and losses that may arise out of accidents or collisions.
Provides coverage against the losses incurred when your Bolero Neo vehicle is stolen.
Provides coverage for the damages and losses caused due to an accidental fire.
Provides coverage against the damages and losses caused due to acts of nature such as floods, cyclones, earthquakes, etc.
Provides compensation of up to Rs. 15 lakh in case the accident leads to death or disability of the owner.
Provides coverage against third-party property damages and injuries caused by your Bolero Neo vehicle.
There are a few standard exclusions from our Bolero Neo car insurance policy. These exclusions are.
The regular wear and tear of the vehicle while driving against the driving manual would not be covered under our Bolero Neo car insurance policy.
The damages caused to own vehicle would not be covered while having a third-party Bolero Neo car insurance policy.
The damages caused to the vehicle when your Bolero Neo car insurance policy is not active would not be covered.
The damages caused while the driver is driving without a valid driving license would not be covered under our Bolero Neo car insurance policy.
The damages caused while the driver is under the influence of alcohol would not be covered under our Bolero Neo car insurance policy.
We offer a range of add-ons to choose from to widen the coverage of your Bolero Neo car insurance policy.
With the Zero-Depreciation add-on, the entire claim amount without considering their depreciated value will be paid to you while settling the claim.
With the Roadside Assistance add-on, you can call your insurance provider and they will send mechanical assistance your way in case of mechanical failure, flat tire or even if you are out of fuel!
With Engine Protection add-on, the entire claim amount without considering their depreciated value will be paid to you under your Bolero Neo car insurance policy.
With the No Claim Bonus (NCB) Protection, your NCB discount is safe even if you make a claim against your Bolero Neo car insurance policy.
In case of total loss or theft of your vehicle, the insurance provider will pay the on-road price of your Bolero Neo vehicle as compensation. This is a helpful add-on if you live in cities with in increasing theft cases.
The financial protection provided by your insurance policy is known as coverage. The coverage of a car insurance policy will vary based on the insurance provider and the type of plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Bolero Neo car insurance policy.
No claim bonus, or NCB, is like a reward for not making a claim. It is a discount you enjoy when you renew your plan after a claim-free year. This discount will keep increasing for every claim-free year. You can avail a maximum discount of 50% year after year for not making any claims against your Bolero car insurance policy
IDV stands for Insurer Declared Value. It is the listing price of your vehicle minus depreciation. In case of a total loss of your vehicle or theft, IDV is the maximum compensation your insurance provider will offer.
Premium is the cost of your Volkswagen Vento car insurance policy. It is the amount you have to pay to enjoy car insurance coverage. It is usually payable annually, except for the case of long-term plans, where it is usually paid once every 3 years.
Through our QCS App:
In case you want to claim for compensation on your Bolero Neo car insurance policy, you could easily do so using our QCS (Quick Claim Settlement) App. You can complete the procedure by uploading your documents, photos, videos, etc. of the damages you want to file a claim for. We would approve your claim after reviewing the uploaded documents. The estimated amount required for repairs will be sent to your bank account by the insurance company within 30 minutes. The maximum amount you could claim through the app is Rs. 50,000.
Online/Telephonic claims:
You can register a claim for compensation by reaching out to us on 1800-103-5499 or 0124- 4285499. If you make a claim through call, our customer care executives will guide you through the further procedure.
You can make a claim online by logging in with your registered email ID and password. After logging in, find the ‘make a claim’ option and follow the steps mentioned.