TVS is one of the most well established and time-tested brand in India when it comes to two wheelers. Ever since its establishment back in 1978, TVS has been trusted by Indian families not just for their reliable bikes, but also for their service. Very few brands offer as much as transparency as TVS does, which is what sets it apart from its competitors.
TVS has a popular range of bikes that you can choose from, such as TVS NTORQ, TVS Jupiter, TVS Scooty Pep, TVS Victor, TVS Apache and many more. But one of the most important things you want to have whenever you purchase a new bike is to have a bike insurance. TVS two-wheeler insurance is the best option for you whenever you want to buy a TVS bike. As per the Motor Vehicles act, 1988, it is important that you have at least a basic third-party two-wheeler insurance in order to ride on Indian roads. IFFCO-Tokio provides the best bike insurance policies which would give you and your bike proper coverage.
Now there are two types of bike insurance you can opt for. The first one is a basic third-party TVS two-wheeler insurance, and the second one is a comprehensive TVS two-wheeler insurance policy. As the latter one provides better coverage, it is the preferred option by most bikers. It is easy to get your TVS two-wheeler insurance policy from IFFCO-Tokio as per your budget and needs.
You, as a responsible driver, always try to follow all the road safety rules. However, no one is safe from an accident due to any unfortunate reason. Which is why it is always better have an insurance policy that provides you with adequate coverage to stay financially protected. A TVS two-wheeler insurance plan from IFFCO-Tokio will ensure you are financially covered in such cases.
Should you go for a basic third-party TVS bike insurance plan help you cover your legal and financial liabilities towards the third-party in the case of any accident.
However, choosing a comprehensive TVS bike insurance plan will help you getting sufficient coverage for both yourself and third-party in case of any loss/damage caused due to any natural or man-made calamities. This coverage will also keep you financially secure in the unfortunate event such as earthquakes, floods, thefts, and so on.
If you want to buy a TVS Insurance from IFFCO-Tokio, then you could you personally visit any of their offices and they would assist you with your requirements. A simple way would be to visit the IFFCO-Tokio website on the internet to get your TVS Insurance online. Not only does it save time, but with the help of easy navigation and simple process, you will be able to buy a TVS two-wheeler insurance with just a few clicks.
If you wish to buy your TVS Insurance by visiting the offices of IFFCO-Tokio, then you will get the best help possible from any of the IFFCO-Tokio customer service representatives.
If you wish to get your TVS Insurance from IFFCO-Tokio’s website, then it would take only 3 steps for you to buy TVS Insurance.
Complete your login, provide your name, contact information, and bike details such as model and registration number. You will then be able to view all the TVS insurance plans in detail.
When you have chosen a particular TVS bike insurance plan, you can opt for any add-ons that you want to include in the policy.
After you have submitted all the details and select all the features you want in your TVS insurance, just finish the payment procedure for the policy and you will receive your TVS bike insurance plan via mail
It is easier to get your TVS bike insurance policy online. Here’s why:
Complete the entire process of getting the policy with just a few clicks.
Get your TVS Insurance policy at any time you find suitable.
Receive the policy via mail without having to worry about any lengthy documentation.
This would depend on whether you go for a third-party TVS Insurance policy or a comprehensive insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive TVS Insurance policy is considered to be the ideal choice for any policyholder. This is because this type of policy covers the third-party and also the policyholder. Here’s what the policy covers:
Widen the coverage of your TVS bike insurance policy with our range of add-ons.
Zero-depreciation cover pays the entire claim amount without deducting depreciation value at the time of settling the claim.
This add-on keeps your no claim bonus safe even if you made a claim in the previous year.
If your vehicle is deemed a total loss, the add-on cover helps you get the original invoice price of the vehicle, including road tax and registration charges.
These are some of the standard exclusions of a bike insurance policy in India:
Types of bike insurance we provide:
Third-party insurance only covers any damage to a third party, including death, bodily harm, injury, and damage to a property in case of an accident or collision involving your bike.
Comprehensive bike insurance covers both third-party liabilities as well as own-damage to your bike. It also covers both natural and man-made calamities. These plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive TVS two-wheeler Insurance policy. This will ensure that in case of an accident, you get complete reimbursement for part replacements without any deduction for depreciation. Great, isn’t it?
You should be aware of the following bike insurance terms before you buy the TVS two-wheeler insurance policy.
Premium is the cost of your insurance plan which you pay to enjoy bike insurance coverage. It is usually payable annually, except for long-term plans, where it is usually paid once every 3 years.
The financial protection provided by your insurance policy is known as coverage. The coverage of a bike 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 TVS bike insurance policy.
IDV stands for Insured Declared Value. It is the listing price of your bike minus depreciation. In case of a total loss or theft of your bike, IDV is the maximum compensation your insurance provider will offer.
NCB is a discount you get 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% every year.
It’s simple! Just use our two-wheeler insurance premium calculator. This online tool allows you to check the premium of your TVS Insurance policy using some very basic information. To calculate the premium, you must provide the following details:
Our bike and scooter insurance plans are like an extension of your protective gear. They keep you safe, wherever the road might take you! From the headlight to the tail-lamp, we’ve got you covered!
We use innovation and technology to provide you quicker and more convenient insurance solutions. For example, your policy can be issued instantly through our distribution channels. You can also use our QCS (Quick Claim Settlement) App to accelerate your claim process and get up to Rs. 20,000 transferred to your bank account within a few minutes - all with just a few clicks on your smartphone.
With close to 20 years of experience in the insurance industry, we have settled more than 8 lakh claims (in FY19) with a settlement ratio of 95.80% (in FY21). This is just one of the reasons why 1,00,000+ individuals entrust us for their bike insurance needs.
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
We offer a QCS facility under which bike insurance claims get settled seamlessly within minutes.
For 20 years, we have been servicing our customers with a wide range of insurance policies.
We’ve settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 95.80%.
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles, and the BFSI Digital Innovation Award by Express Computers, Indian Express Group.
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
Through our QCS app:
If you wish to make a claim for compensation, you can do so using our QCS (Quick Claim Settlement) app. All you have to do is upload related documents, photos, and videos of the damages you want to make a claim for. We will review the documents and other details uploaded by you and approve your claim (we have a claim settlement ratio of 95.80%). After this, the estimated amount for repairs will be sent to your bank account within minutes. Please note, for claims made through an application, the maximum claim amount will be Rs. 20,000.
Online/telephonic claims:
You can register a claim for compensation online or by reaching us on 1800-103-5499. To make a claim online, you will have to log in with your registered Email ID and Password. When you log in, go to ‘make a claim’ option and follow the steps mentioned. If you register a claim over a call, our customer care executives will guide you with further procedure.
Two-Wheeler Insurance
The quality of service has improved overtime.
Rated by: Sandhya Pillai
Two-Wheeler Insurance
Nothing matches the quality of service offered by IFFCO Tokio.
Rated by: Abhay Nair
Two-Wheeler Insurance
I filed for my bike insurance claim online and this was the fastest renewal I ever experienced.
Rated by: Abhinav Rathore
Two-Wheeler Insurance
It’s been 3 years I have got the two wheeler insurance policy from IFFCO Tokio and it is extremely good.
Rated by: Kantilal Gala
Two-Wheeler Insurance
Reliable coverage, hassle-free claims process
Rated by: Suman Bijlani