Hero Glamour is a product of Hero MotoCorp, which is one of the most popular and most sold brands in India. This company has over 45% shares in the two-wheeler category in India. According to reports, it is the largest manufacturer of bikes in the world and India. Hero is the first choice of anyone who is out there looking for a bike in India.
A lot of bikers are choosing to go for this bike and it is not a surprise if you are too. However, do keep in mind that you will be needing a bike insurance policy before riding this bike. This is because the Motor Vehicles Act of 1988 has made it mandatory for riders to get third-party insurance before they take their bikes out on the road. IFFCO-Tokio can offer you a suitable plan from one of their well-designed bike insurance plans.
Here at IFFCO-Tokio, we make it our priority to get you a bike insurance policy that suits your needs. There are two types of bike insurances that you can buy for your Hero Glamour: Third-party Hero Glamour two-wheeler insurance and comprehensive Hero Glamour two-wheeler insurance. Along with these Hero Glamour two-wheeler insurance policies, IFFCO-Tokio also provides several add-ons for your bike.
When you ride your bike, you can be cautious and do everything to avoid mishaps. But there might be instances where you just cannot avoid accidents. This is where having a Hero Glamour two-wheeler insurance policy is highly important. IFFCO-Tokio will help you with buying a Hero Glamour two-wheeler insurance policy where you can secure yourself with financial protection in such cases.
Buying a third-party Hero Glamour two-wheeler insurance plan will cover you for any financial liabilities towards the third-party if there is any mishap. However, many prefer to go for a Hero Glamour comprehensive Hero Glamour insurance plan. This is because such a policy will cover third-party liabilities and also cover your bike from damages caused by manmade or natural disasters.
Buying a third-party Hero Glamour bike insurance policy is mandatory. But there are many who prefer to go for the comprehensive Hero Glamour bike insurance policy that will offer much better coverage. This is so that the policyholder does not have to bear much financial burden in case of an accident.
There are two ways to buy a Hero Glamour two-wheeler insurance
Go to our IFFCO-Tokio office and talk to an executive who will assist you in completing all the formalities and buying a Hero Glamour insurance policy.
The second way is to go to our official website and buy your Hero Glamour insurance plan online. Here are 3 simple steps to buy such a policy online:
Go to the official website of IFFCO-Tokio. Here, you will need to fill your basic details. Then you will need to fill in the information regarding your bike.
IFFCO-Tokio provides the best Hero Glamour insurance plans to fit your needs. There are also several add-ons that you can include in your Hero Glamour insurance plan.
You will need to complete the payment online after you decide which Hero Glamour bike insurance policy you need to purchase. Your Hero Glamour bike insurance policy will be delivered to your inbox by IFFCO-Tokio as soon as possible.
Here are the benefits of buying a Hero bike insurance policy online:
You can easily complete the entire process within a few minutes.
You can buy your Hero Glamour insurance policy whenever you feel like irrespective of the time.
You will not need any papers or physical documents to complete this process, as it is completely online.
This would depend on whether you go for a third-party Hero Glamour insurance policy or a comprehensive insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive Hero Glamour 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 policy covers:
Here are some recommended add-ons that can widen the coverage of your Hero Glamour 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 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 Hero Glamour 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 Hero Glamour two-wheeler insurance policy
Premium is the cost of your Hero Glamour 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 Hero Glamour two-wheeler 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 Hero Glamour 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 Hero Glamour insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Hero Glamour 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.
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%.
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 through your Hero Glamour two-wheeler insurance policy, 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.
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.
This is the first time I have renewed the bike insurance via the IFFCO TOKIO. Great experience. Thank you.
Rated by: Sakshat Krishna
I would recommend Iffco tokio to everyone who wants to ensure their two wheelers.
Rated by: Pranab Kumar
excellent options for bike insurance renewal
Rated by: Vivek Singla
Its easy to update insurance already !
Rated by: Shweta
Very good company.
Rated by: Homi Kapadia