Yamaha is the one of the most well-known bike makers in the world. They make masculine, sporty and durable bikes that are real head-turners. Yamaha also makes scooters like the Fascino that are efficient and stylish while being light on the pocket.
If you have decided to purchase the Yamaha Fascino, you certainly will be delighted with your choice. But before you take it for a spin, ensure that your Yamaha Fascino bike insurance plan is in place. The Motor Vehicles Act, 1988, mandates vehicle owners to have at least a basic vehicle insurance plan in place before they ply their vehicles on the road. If you haven’t got any insurance plan yet for your Bike, IFFCO Tokio has well-designed insurance policies that will secure your scooter while out on the road.
While buying a Yamaha Fascino bike insurance policy, you can opt for either third-party Yamaha Fascino insurance or comprehensive insurance. IFFCO Tokio has Yamaha Fascino insurance plans that suit your need and budget.
Accidents can happen anytime and leave you facing huge repair bills. This is why it is important for you to get a Yamaha Fascino insurance policy that provides good coverage. IFFCO Tokio’s Yamaha Fascino bike insurance policy will cover you and your bike so that you can ride with peace of mind.
Our third-party Yamaha Fascino insurance plan will cover the financial and legal liabilities towards the third party in case of an unfortunate accident. If you buy our comprehensive Yamaha Fascino insurance plan, you get coverage for third-party losses as well as own damages in an accident.
That’s not all. A comprehensive Yamaha Fascino insurance policy also covers you against natural and manmade calamities. This means you are covered against damages due to fire, flood, theft, and so on.
You can buy the Yamaha Fascino insurance policy in one of the two ways. Head over to any of the IFFCO Tokio offices and get help in completing all the formalities of getting a Yamaha Fascino insurance policy. Or, visit the IFFCO Tokio website to buy the policy online. All you have to do is follow 3 simple steps:
Go to our website and fill in your name and your phone number in the required fields. After doing this, fill in the details about your bike. You will then get a suitable Yamaha Fascino insurance policy.
Choose the Yamaha Fascino bike insurance plan that suits your needs and budget. If you buy comprehensive insurance, you will be offered a choice of add-ons.
Once you’ve chosen the Yamaha Fascino bike insurance policy, complete the payment of your Yamaha Fascino insurance policy and get the insurance documents in your inbox.
We would be glad to help you buy your Yamaha Fascino bike insurance policy in person at one of our offices. However, if you choose to buy insurance online, the process is extremely:
The entire process of buying a policy online can be done with just a few clicks
One can buy yamaha insurance policy as per their convenience at any time
There is no need to maintain paper documents when you buy a policy online
This would depend on whether you go for a third-party Yamaha Fascino bike insurance policy or a comprehensive Yamaha Fascino two-wheeler insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive Yamaha Fascino 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 comprehensive Yamaha Fascino two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your Yamaha Fascino bike insurance policy.
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 Yamaha Fascino two-wheeler insurance policy 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 Yamaha Fascino two-wheeler insurance policy covers both third-party liabilities as well as own damage to your bike. It also covers both natural and man-made calamities. These comprehensive Yamaha Fascino two-wheeler insurance plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive Yamaha Fascino two-wheeler insurance policy. This will ensure that you get complete reimbursement for part replacements in case of an accident without any depreciation deduction. Great, isn’t it?
You should be aware of the following bike insurance terms before you buy the Yamaha Fascino two-wheeler insurance policy.
Premium is the cost of your Yamaha Fascino 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 Yamaha Fascino two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your Yamaha Fascino two-wheeler insurance policy is known as coverage. The coverage of a Yamaha Fascino insurance policy will vary based on the insurance provider and the type of Yamaha Fascino two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your Yamaha Fascino two-wheeler 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 Yamaha Fascino insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Yamaha Fascino 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 with 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% (FY21).
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.
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
I filed for my bike insurance claim online and this was the fastest renewal I ever experienced.
Rated by: Abhinav Rathore
Two-Wheeler Insurance
Nothing matches the quality of service offered by IFFCO Tokio.
Rated by: Abhay Nair
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