Bodily injury or death caused by the use of the vehicle is covered.
Commercial Vehicle Insurance
Smooth ride to buy your commercial vehicle insurance online!
Smooth ride to buy your commercial vehicle insurance online!
IFFCO-Tokio’s commercial vehicle covers your commercial vehicle against different types of external damages, along with personal and third-party liabilities.
Are you Interested ?
BUY/RENEW POLICY| Key Features | Benefits of IFFCO-Tokio |
|---|---|
| Savings | Save Upto 70% on Premium |
| Cashless Repairs | Available at 4300+ Cashless Garages |
| Customizable Add-Ons | 8 Add-ons available |
| NCB Benefits | Get up to 50% Discount |
| Easy Claims | App-based Claim Settlement within 4 Hours |
| Claim Settlement Ratio | 92.65% Claims Settled* |
| Claim Assistance | 24/7 claim assistance Customer service |
| Own Damage Cover | Available |
| Damages to Third-Party | Available |
Specific business
Specific business and its assets.
Employees or drivers
Employees or drivers who have been hired to drive the vehicles.
High risk
High risk of operating certain commercial vehicles.
Individuals Driving
Individuals driving without a valid driving license or under the influence of alcohol, drugs, and other intoxicating drinks.
Geographical area
If the accident occurs outside the geographical area covered by the commercial insurance cover for the vehicle.
Mechanical or Electrical
If the accident is due to a mechanical or electrical breakdown in the vehicle, it will not be covered by the commercial insurance cover.
Unlawful Reason
If the insured vehicle has been used for any unlawful reason, it will not be covered by the commercial insurance cover.
The Company may cancel the policy by sending seven days’ notice by recorded delivery to the insured at insured’s last known address and in such event IFFCO-Tokio will return to the insured the premium paid less the pro-rata portion thereof for the period the policy has been in force or the policy may be cancelled at any time by the insured on seven days’ notice by recorded delivery on the condition that no claim has arisen during tenure of the policy, the insured shall be entitled to a return of premium at the Company’s Short Period rates for the period the Policy has been in force.
In cases where the ownership of the vehicle is transferred, the policy cannot be canceled unless there is concrete evidence that the vehicle is insured with another insurance company. For any cancellation request, the insured can also contact IFFCO-Tokio’s Toll-Free number (1800-103-5499) or generate a service request.
