How To Renew IFFCO Tokio Bike Insurance Policy?

Bike insurance should be purchased from a reputed insurance company. IFFCO Tokio General Insurance offers you the choice of purchasing a two-wheeler insurance policy online, from the comfort of your office or home. Always compare two-wheeler insurance online before purchasing a policy to obtain the best two-wheeler policy. Comparing policies online will eliminate the need for you to take a second opinion from any other source. This implies that you can check out different insurance policies from various websites and select the one that best suits your needs. 

IFFCO Tokio General Insurance is a reputed company that has a decent Claim Settlement Ratio of 95.3% in FY20. With 19 years of service, IFFCO Tokio General Insurance has been a reliable insurer to its customers. In this article, you can read about the steps to renew your bike insurance policy with IFFCO Tokio General Insurance along with the benefits of renewing your insurance with IFFCO Tokio. 

Steps To Renew Bike Insurance Policy With IFFCO Tokio General Insurance

IFFCO Tokio General Insurance also provides easy online bike insurance renewal for two-wheeler insurance coverage. Follow the below-mentioned steps to renew your bike insurance with IFFCO Tokio General Insurance - 

1. Visit the IFFCO Tokio General Insurance Company's website at www.iffcotokio.co.in.

2. Select the ‘Two-Wheeler Policy' tab from the ‘Motor Insurance' drop-down menu.

3. This will take you to a new page. Select the ‘Buy/Renew Online' option on this new page. Pick between Renewing your bike insurance policy, and select the option ‘Renew Non-IFFCO Tokio Insurance’ if your policy is from a different insurance company. 

4. The Chat Widget on the IFFCO Tokio General Insurance website now provides the ability to Renew as well as Download Policy for the convenience of clients.

5. If you want to renew your IFFCO Tokio bike insurance coverage, go to the first tab and select ‘Renew Existing Policy.'

6. When you click the tab, you will be taken to a new page where you must fill out the information requested by the website.

7. After entering the correct information, click the 'Search' button.

8. Fill out the required fields on the next page to finish the transaction.

9. A receipt is automatically generated and sent to the enrolled email id once payment for the policy renewal is accomplished.

You may also like to read:- How To Check Bike Insurance Expiry Online?  

Why Should You Renew Bike Insurance From IFFCO Tokio?

Purchasing bike insurance from IFFCO Tokio can be very beneficial if you are looking for complete coverage. IFFCO Tokio General Insurance offers bike insurance policies that are simpler to manage and have a simple claim settlement process. The following are the benefits of purchasing bike insurance from IFFCO Tokio General Insurance -

• Reputed Company

IFFCO Tokio General Insurance has been in business for 19 years and serves customers in Japan and around the world. In addition, the AI-based claim assessment of damaged vehicles has been recognised with the 2019 IDC Digital Transformer Award for India.

• Optimal Coverage

Depending on the policy you buy, IFFCO Tokio General Insurance Company provides coverage against human-caused problems such as theft or road accidents or natural disasters with a variety of additional covers to choose from. This way, you can customize your bike insurance policies based on your needs. 

• Simple Claim Settlement Process

IFFCO Tokio General Insurance has made it possible for policyholders to claim their bike insurance online. For the fiscal year ending March 31, 2020, IFFCO Tokio has proven to be a reliable partner for its policyholders, settling 95.30 percent of claims.

Also Read:- A First-Time Bike Insurance Buyer's Guide  

Take Away

Renewing your bike insurance is very crucial. This is mainly because your insurance claim will be rejected if your policy has lapsed. Renewing your bike insurance policy on time will keep you covered from the financial liabilities that result from any accident that is caused while riding your bike. Therefore, always renew your policy on time and ride safely.

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.