The Hero Maestro combines sharp looks with high performance to truly deliver delightful performance. A real stunner on the road, the Hero Maestro is easy on the pocket and will get you quickly through jam-packed traffic.
If you have decided to purchase the Hero Maestro, you certainly won’t be disappointed. However, before you take your beloved scooter out for its first run, you need to get proper two-wheeler insurance. As per The Motor Vehicles Act 1988, it is mandatory for all two-wheelers to have at least basic liability insurance. This is where IFFCO-Tokio can step in to help you get your Hero Maestro two-wheeler insurance policy.
IFFCO Tokio offers third-party Hero Maestro two-wheeler insurance and comprehensive Hero Maestro two-wheeler insurance. Get in touch with us today for coverage that suits your unique needs.
Even if you ride carefully and obey all road rules, things can still go wrong. A single accident can lead to expenses that wipe your bank account clean. If you have Hero Maestro insurance, you won’t have to worry about the costs that arise from a mishap on the roads.
Let’s look at what each type of Hero Maestro bike insurance plan gets you. A third-party Hero Maestro bike insurance plan will cover you against third-party financial and legal liabilities in an accident.
A comprehensive Hero Maestro two-wheeler insurance policy will give you coverage for third-party damages as well as your own damages. It will also cover you against man-made calamities and natural disasters like incidents of flooding, landslides, earthquakes, tempest, typhoon, riots, and theft, among others.
Now, that kind of protection gives true peace of mind.
With IFFCO-Tokio, getting your Hero Maestro two-wheeler insurance policy is really easy.
Simply walk in to any of our branches in your city and our staff will guide you in getting the Hero Maestro insurance plan you need.
Or, you may buy your Hero Maestro insurance online from our website by following these 3 quick steps
Log on to our website and quickly fill in your basic details to view our Hero Maestro insurance plans for your Hero Maestro.
Next, pick a Hero Maestro two-wheeler insurance policy that suits your needs for coverage. Once you have selected your Hero Maestro bike insurance plan, you can complete the rest of your KYC.
Finally, you will be redirected to our secure payment portal where you can pay for your Hero Maestro insurance policy using any major credit/debit card or net banking. Your Hero Maestro bike insurance policy will be emailed to you immediately as a soft-copy. The procedure is that simple!
If you decide to buy your coverage in person at one of our offices, we would be more than happy to assist you. We recommend that you get your Hero Maestro bike insurance policy online to enjoy the following benefits:
When you buy Hero two-wheeler insurance online, the whole process barely takes a few minutes
You can buy Hero Maestro insurance at a time and place that suits you
You receive a soft copy of your Hero Maestro two-wheeler insurance policy that you can access from your inbox whenever you wish to
This would depend on whether you go for a third-party Hero Maestro 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 Maestro 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 Maestro 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 Maestro 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 Maestro two-wheeler insurance policy.
Premium is the cost of your Hero Maestro insurance policy. It is the amount you have to pay to enjoy Hero Maestro two-wheeler 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 Maestro 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 Maestro 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 Maestro insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Hero Maestro two-wheeler insurance policy using some very basic information. To calculate the premium of your Hero Maestro insurance plan, 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 Maestro 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.
I went through the simple process. I did not need to do much things to buy bike insurance plan from IFFCO Tokio.
Rated by: Alakshita Mishra
I thank IFFCO Tokio for their wonderfully designed two wheeler insurance plans.
Rated by: Vignesh Chandrashekara
I am very happy with IFFCO Tokio Two wheeler insurance.
Rated by: Sachin Koranne
The customer executive helped me with two wheeler insurance nicely.
Rated by: Abhay Suryakant Parkar
IFFCO Tokio has the answer to all your queries related to IFFCO Tokio.
Rated by: Ajaya Kiran