TVS is one of the best brands when it comes to two-wheelers. It is trusted to have manufactured reliable and long-lasting bikes over the years, and many bikers prefer to go with TVS when it comes to choosing their favourite ride. In fact, the TVS Victor has been earning quite the reputation among its competitors thanks to its amazing design and strong performance.
If you have got yourself a brand new TVS Victor, you would want to take it out for a spin as soon you receive it. However, please note that you will be needing a TVS Victor two-wheeler insurance in order to get coverage in case of any mishap. As per the Motor Vehicles Act, 1988, you have to have at least a basic third-party bike insurance policy in order to be riding on Indian roads. IFFCO-Tokio can help you out by providing the best bike insurance policies to suit your coverage needs.
Now, there are two types of bike insurance plans that can opt for. The first is a basic third-party TVS Victor two-wheeler insurance policy, and the second is a comprehensive TVS Victor two-wheeler insurance policy. Many bikers prefer to go for the latter in search of better coverage. You can get your TVS Victor two-wheeler insurance policy from IFFCO-Tokio that suits your budget and needs.
Now, no matter how careful you are, road accidents can happen to anyone. This is why it is so important for you to have adequate coverage in order to be financially protected. A TVS Victor two-wheeler insurance plan from IFFCO-Tokio will ensure you are financially covered in such cases.
If you choose to go for a third-party TVS Victor bike insurance plan, you will cover your legal and financial liabilities towards the third-party in case of an accident.
But if you choose to go for a comprehensive TVS Victor bike insurance plan, you can get sufficient coverage for both yourself and the third-party in case of any loss/damage caused due to natural or man-made calamities. With this coverage, you will be financially secure from losses caused by earthquakes, floods, thefts, and so on.
You can choose to visit any of the offices of IFFCO-Tokio and receive help with your TVS Victor insurance requirements. A simpler way would be to just visit the IFFCO-Tokio website where you can get your TVS Victor insurance online itself. With super-easy navigation, you can get your TVS Victor two-wheeler insurance policy in just a few clicks!
Now, there are two ways in which you can buy your TVS Victor two-wheeler insurance policy from IFFCO-Tokio. You can:
Visit any of our offices and complete the purchase of your TVS Victor insurance policy. Our customer service representatives will give you all the help you need.
Simply get your TVS Victor insurance policy online. With this method, you only need to follow 3 easy steps:
Go to our website, fill up your name and mobile number. After this, fill in the details about your bike regarding its model and registration number. You will then be able to view all the add-ons that are available with the TVS Victor insurance policy.
When you have chosen a particular TVS Victor bike insurance plan, you can opt for any add-ons that you want to include in the policy.
Once you have finalised your TVS Victor insurance policy, the only thing left for you to do is to complete the payment for the policy on our website. After you have paid for the policy, you will receive the TVS Victor 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 Victor 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 Victor insurance policy or a comprehensive insurance policy.
Here are some recommended add-ons that can widen the coverage of your TVS Victor bike insurance policy.
Zero depreciation cover
Zero-depreciation cover pays the entire claim amount without deducting depreciation value at the time of settling the claim.
No claim bonus protection
This add-on keeps your no claim bonus safe even if you made a claim in the previous year.
Return to invoice
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.
Damage to accessories
Damage due to the driver’s negligence
Wear and tear of the bike
Damage during war and similar conditions
Mechanical or electrical breakdown
Damages while riding under the influence of drugs or alcohol
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 Victor 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 Victor two-wheeler insurance policy.
Premium is the cost of your TVS Victor insurance policy. It is the amount you have to pay to enjoy bike insurance coverage. It is usually payable annually, except for the case of 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 Victor 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% year after year for not making any claims against your TVS Victor insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your TVS Victor two-wheeler 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.
4300+ Network Garages
We provide cashless services in more than 4300 garages, which are evenly spread across the country.
Quick Claim Settlement
We offer a QCS facility under which bike insurance claims get settled seamlessly within minutes.
Trusted Brand
For 20 years, we have been servicing our customers with a wide range of insurance policies.
Claims Experience
We’ve settled a total of 8.61 lakh claims in FY2019 and have a claim settlement ratio of 95.80%.
Award Winning Protection
IFFCO-Tokio won the 2019 IDC Digital Transformer Award for India for AI-based claim assessment of damaged vehicles. We have also won the BFSI Digital Innovation Award by Express Computers, Indian Express Group, as well as the Digital Insurer of the Year 2019 by Insurance Asia News Awards for Excellence.
Wide Network of Branches
Our policies can be brought from more than 20,000 agents and branches having a wide presence throughout the country.
