KTM Duke is a brand that has started becoming the first choice for many motorists in India. The KTM Duke is purely designed as per international standards that have made this model a real winner. The unmatched performance, style, power, and handling that the bike offers has made it a popular choice for youngsters.
If you are planning on buying this superbike, you also need to bear in mind that you must buy a KTM Duke insurance policy. It is mandatory for bike owners to buy at least liability bike insurance as per the Motor Vehicles Act, 1988. In this regard, IFFCO-Tokio offers extensive coverage with its well-designed KTM Duke insurance policies.
You can opt for a basic third-party KTM Duke insurance policy or can choose a comprehensive KTM Duke two-wheeler insurance policy that allows you to include add-ons as per your specifications. IFFCO-Tokio’s KTM Duke bike insurance plans cater to all your needs and are quite budget-friendly.
Even if your riding skills are amazing, you can never trust the roads. An unforeseen event can occur anytime and anywhere, hence you must protect yourself with a proper KTM Duke insurance to ensure that you are secured during a road mishap. If you choose to buy a KTM Duke insurance from IFFCO-Tokio, you will keep your finances secured if something unfortunate happens.
We, at IFFCO-Tokio, offer main two types of KTM Duke insurance policies. One is the third-party KTM Duke two-wheeler insurance policy that offers liability coverage if you cause damage to a third party or property.
The other one is our comprehensive KTM Duke insurance policy that offers coverage not only to the third-party but also to your vehicle during an accident. The comprehensive KTM Duke two-wheeler insurance policy also secures you against damages or losses caused by natural or man-made calamities such as earthquakes, floods, storms, riots, theft, and so on.
Buying a KTM Duke bike insurance policy is very simple with IFFCO-Tokio as buyers can visit the nearest IFFCO-Tokio branch for KTM Duke bike insurance policy assistance and purchase. KTM Duke insurance policy buyers can also make an online purchase via our official website. Here’s an overview of the procedure to buy your KTM Duke two-wheeler insurance policy online :
Once you log on to our website, you will have to fill in certain personal and bike information such as your name, phone number, email address, residential address, bike’s registration number, registration city, and so on.
Choose a KTM Duke insurance policy that suits your requirements and budget. You can also include add-ons if you select a comprehensive KTM Duke bike insurance policy.
After selecting a suitable KTM Duke insurance policy, click on make a payment, and use any of the online modes of payments to complete the task. Your KTM Duke bike insurance policy will be delivered to your inbox immediately!
It is recommended for you to buy your KTM bike insurance policy online to enjoy the following benefits:
You can finish the entire procedure with just a few clicks
You can purchase the KTM Duke two-wheeler insurance policy anytime and anywhere
You receive the KTM Duke two-wheeler insurance policy in your mail, thus eliminating the hassle of maintaining a complicated paper trail
This would depend on whether you go for a third-party KTM Duke insurance policy or a comprehensive insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive KTM Duke 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 comprehensive KTM Duke two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your KTM Duke 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 KTM Duke two-wheeler insurance policy 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 KTM Duke two-wheeler insurance policy covers both third-party liabilities as well as own damage to your bike. It also covers both natural and man-made calamities. These comprehensive KTM Duke two-wheeler insurance plans also allow you to include add-ons for a wider coverage!
You can also include the zero-depreciation cover to your comprehensive KTM Duke 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 KTM Duke two-wheeler insurance policy.
Premium is the cost of your KTM Duke 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 KTM Duke two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your KTM Duke two-wheeler insurance policy is known as coverage. The coverage of a bike insurance policy will vary based on the insurance provider and the type of KTM Duke two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your KTM Duke two-wheeler 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 KTM Duke insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your KTM Duke 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, 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