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IFFCO Tokio Third Party Car Insurance

Having at least a third party policy cover is mandatory for every car owner in India under the Motor Vehicles Act. The third-party car insurance policy offered by IFFCO Tokio covers the policyholder against expenses arising out of damage incurred to a third party. This majorly includes coverage in 3 cases. It reimburses the policyholder for the damages caused to any third party vehicle and injuries caused to people involved in an accident.

The fact that repair costs are considerably high these days makes the third-party insurance cover highly important. Besides fulfilling your compulsion to have a policy cover for the car, it also saves you from the hefty expenses which might occur after an accident. Having understood its importance, let us learn how a third party cover is different from a comprehensive motor insurance policy.

Third-Party vs Comprehensive

Factors

Third-Party

Comprehensive

Coverage Covers expenses for third party property damages and damages caused due to injury/death of a third-party. Covers expenses for all third party property and life damages and damages caused to the insured vehicle
Nature of Requirement It is mandatory to have under Motor Vehicles Act. It is not mandatory under any law and solely depends on the buyer’s preference.
Add-ons Availability No add-ons are available with this cover. It comes with all add-on covers.
Cost A third-party cover is relatively cheaper as the coverage is limited. It is relatively expensive due to extensive and complete coverage.

IFFCO Tokio Third Party Coverage

A third-party car insurance policy offered by IFFCO Tokio covers the following:

  • Compensation for the injury or death to pedestrians, fare-paying passengers and non-fare-paying passengers.
  • Compensation up to Rs 7.5 lakh for damages caused to a third-party property because of the policyholder’s car.
  • Unlimited liability cover in case of death of a third party. The amount of compensation is decided by a court of law.

What All Is Not Covered Under IFFCO Tokio Third Party Policy?

  • Damages caused to the insured car.
  • Injury of the policyholder.
  • Optional personal accident cover of the policyholder.

Must Read Articles before buying Iffco Tokio Car Insurance

Iffco Tokio Car Insurance User Reviews

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What users are saying
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  • Awesome Team Support

    I recently purchased an Ifco Tokio car insurance policy, the team was very supportive during the whole process. Thankyou Insurancedekho.

    N
    By Nikhil Tiwari
    On: March 2, 2024
  • Usefull insurance

    Better price than others,easy to choose between insurance companys and better choice to choose the best one eland usefull thing

    S
    Maruti Vitara Brezza 2016-2020 Attur
    By SANTHI S
    On: November 7, 2023
  • Quick Resolution of Legal Matt...

    I had a legal issue, and InsuranceDekho's third-party coverage with the Iffco Tokio Car Insurance Policy ensured a quick and efficient resolution for my Toyota car. It saved me time and stress.

    A
    By Ayush Brar
    On: October 30, 2023
  • Efficient Claims Settlement

    Filing a claim for repairs at a cashless garage under the Iffco Tokio Car Insurance Policy through InsuranceDekho is efficient. They streamline the process, ensuring that I get back on the road with my Nissan car without unnecessary delays.

    S
    By Shekhar Dhingra
    On: October 26, 2023
  • Effortless and Secure Payment

    The payment process during renewal of the Iffco Tokio Car Insurance Policy with InsuranceDekho is effortless and secure for my BMW car, providing peace of mind that my transaction is handled with care.

    K
    By Krish Atolia
    On: October 17, 2023
  • No Surprises, Only Protection ...

    There are no surprises with InsuranceDekho's own damage coverage that I got along with the Iffco Tokio Car Insurance Policy. It provides straightforward protection for my Kia car without any unexpected exclusions.

    J
    By Jaimin Mishra
    On: October 11, 2023
  • Empowering Policyholders

    InsuranceDekho's premium calculator empowers policyholders like me. It's a tool that puts the control in your hands, helping you tailor your car insurance to your needs and budget. I could easily make changes in the Iffco Tokio Car Insurance Policy as per my requirements for my Honda car.

    By Aadi Sahney
    On: October 10, 2023
  • Smart Investment for Car Owner...

    Choosing InsuranceDekho's comprehensive policy with the Iffco Tokio Car Insurance Policy is a smart investment for car owners. It safeguards my investment and my peace of mind for my Renault car.

    Y
    By Yamini Kaura
    On: September 29, 2023
  • Transparent Policy Terms

    I appreciate the transparency of InsuranceDekho's Iffco Tokio Car Insurance Policy's own damage terms. I always know what's covered for my Hyundai bike, which is reassuring.

    `
    By `Jia Khan
    On: September 20, 2023
  • Invaluable Tool for Cost Compa...

    I consider InsuranceDekho's premium calculator an invaluable tool for comparing insurance costs. It made the process of choosing the right plan a breeze. I was able to secure the Iffco Tokio Car Insurance Policy for my Honda car after comparing costs with the help of this tool.

    By Munish Sharma
    On: September 15, 2023

525 Iffco Tokio Cashless Garages in India

IFFCO Tokio Third Party Car Insurance FAQs

  • What should I do after an accident?

    If the accident results in a serious injury of any person, it is advisable to first rush to the nearest hospital to seek medical attention. Thereafter, contact IFFCO Tokio at 1800-103-5499 as soon as possible to initiate the Claim Settlement process.

  • What is the minimum coverage tenure for IFFCO Tokio third party policy?

    For new cars, the minimum coverage period is 3 years, after which, the policy needs to be renewed annually. On the other hand, for old cars, the policy cover needs to be renewed annually.

  • How much compensation can be offered in case of death of a third party?

    The amount of compensation in case of death of a third party in an accident caused by the insured car is decided by a court of law.

  • Is there any way to get a duplicate copy of my car insurance plan?

    Yes, in case you have misplaced your insurance cover, then you can request for a duplicate copy of the same by submitting a written application to your respective insurance provider.

  • What is not covered under a third party car insurance plan?

    Generally, a third party car insurance plan does not offer coverage for their own vehicle against any kind of damage or loss incurred.

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