If you are looking for a bike that is high on style and performance, the Hero Xtreme is the perfect pick. This two-wheeler is a real stunner on the road as it zips through traffic with ease. Plus, it’s light on the pocket too.
If you are planning to buy the Hero Xtreme, you have made a good choice of vehicle. However, before you take your new bike for its first ride, you need to get your Hero Xtreme two-wheeler insurance plan. Remember that The Motor Vehicles Act 1988 makes it compulsory for all car and bike owners to have at least liability insurance before plying their vehicles on Indian roads.
This is where IFFCO-Tokio can step in to help.
We offer third-party Hero Xtreme two-wheeler insurance and comprehensive Hero Xtreme two-wheeler insurance policies so that you can ride with peace of mind. Get in touch with us today to stay covered.
Even if you are really careful when riding your bike, accidents can still happen. This is why it is important for you to buy Hero Xtreme insurance to protect your savings in case of a mishap. Plus, it is legally required that you have at least liability insurance before riding your bike out on the roads.
At IFFCO Tokio, we offer you two main types of Hero Xtreme two-wheeler insurance plans. A third-party Hero Xtreme bike insurance policy will cover you for any third-party financial and legal liabilities that you may face in an accident.
A comprehensive Hero Xtreme bike insurance policy will give you coverage for third-party damages as well as your own damages in an accident. 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.
At IFFCO-Tokio, buying Hero Xtreme two-wheeler insurance is really easy.
You may just walk in to any of our office branches where our staff will guide you in getting the Hero Xtreme insurance coverage you need.
Or, you may buy your Hero Xtreme insurance online in 3 quick steps:
Log on to our website and quickly fill in your basic details to get suggestions on Hero Xtreme two-wheeler insurance plans suitable for you.
Next, pick a Hero Xtreme bike insurance policy that suits your needs and affordability. If you are opting for comprehensive Hero Xtreme insurance, do check out our wide range of add-ons.
Finally, you will be redirected to our secure payment portal where you can pay for your Hero Xtreme bike insurance policy using any major credit/debit card or net banking. Your Hero Xtreme insurance policy will then be emailed to you.
If you decide to purchase your Hero Xtreme bike insurance plan at our offices, we would be glad to help. However, we recommend that you buy your c online as the process is -
It barely takes a few minutes to get your Hero Xtreme two-wheeler insurance online
You receive a soft copy of your Hero Xtreme 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 Xtreme 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 Xtreme 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 Xtreme 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 Xtreme 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 Xtreme two-wheeler insurance policy.
Premium is the cost of your Hero Xtreme insurance policy. It is the amount you have to pay to enjoy Hero Xtreme 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 Xtreme 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 Xtreme 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 Xtreme insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your Hero Xtreme two-wheeler insurance policy using some very basic information. To calculate the premium of your Hero Xtreme 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 Xtreme 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