KTM has set the bar for all sport bikes available in India by launching its most awaited motorbikes - the RC 200 and the RC 390. With classy designs, amazing hardware, and Bosch support, KTM’s RC is winning the hearts of lakhs of Indian motorists. Although there may be many bikes in the segment, there is hardly any competition for this model from KTM.
Undoubtedly, KTM RC is an excellent choice if you are looking for a bike that has a sporty look and great features. But once you have decided to buy the bike, keep in mind that you will also need to purchase a KTM RC insurance policy. It is mandatory by law in India for every bike owner to have their vehicles insured. We, at IFFCO-Tokio, provide specially designed KTM RC bike insurance policies that cover legal and financial liabilities that could arise during an unforeseen event.
IFFCO-Tokio allows you to choose either a basic third-party KTM RC insurance policy or a comprehensive KTM RC bike insurance cover along with various specially designed add-ons. We also offer a wide range of add-ons to choose from including zero depreciation cover, invoice protection, and no-claim bonus protection cover with our comprehensive KTM RC insurance policies.
Road journeys can be unpredictable. An accident can occur anytime and anywhere. This is why it is crucial to secure yourself against the heavy financial liabilities that may arise during a road mishap. To get the best coverage for your bike, you can choose a KTM RC insurance policy from IFFCO-Tokio.
There are two types of KTM RC bike insurance policies available for motorists; third-party KTM RC insurance policy and comprehensive KTM RC bike insurance plan. If you decide to go for a third-party KTM RC bike insurance policy, you will be compensated for the legal and financial liabilities incurred if you cause property or bodily damage to a third party.
If you select a comprehensive KTM RC bike insurance policy, you will get compensated for damages caused to the third party and your own bike. The comprehensive KTM RC insurance policy also offers financial assistance for the losses caused by natural calamities like earthquakes, floods, storms, cyclones, etc, as well as man-made calamities like theft, riots, robbery, etc
You can simply choose to visit the nearest IFFCO-Tokio branch and buy a KTM RC insurance policy with the help of an experienced insurance expert. You can also choose to buy a KTM RC insurance policy online through our website. Our website is very straightforward which makes it simple for everyone to understand and navigate through the KTM RC insurance policy purchase process. To help you, here’s an overview of the steps that you need to follow for buying a KTM RC insurance policy online -
Go to our website, fill up your name and mobile number. After this, fill in the details about your bike regarding its model and registration number. You will then be able to view all the add-ons that are available with the KTM RC insurance policy.
Choose a KTM RC two-wheeler insurance policy that suits your needs and requirements. You can also select certain add-ons as per your preferences if you opt for comprehensive insurance.
When you are done selecting a KTM RC two-wheeler insurance policy, simply checkout and make the payment online. Your KTM RC bike insurance policy will be mailed to your given email address almost immediately.
It is recommended that you buy a KTM bike insurance policy online to enjoy the following benefits:
You can finish the entire procedure just with a few clicks.
You can buy the policy anytime and anywhere at your convenience.
Your KTM RC bike insurance policy is sent to you via email, thus eliminating the requirement of maintaining a complicated paper trail.
This would depend on whether you go for a third-party KTM RC 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 RC 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 RC two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your KTM RC 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 RC 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 RC 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 RC 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 RC 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 RC two-wheeler insurance policy.
Premium is the cost of your KTM RC 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 RC two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your KTM RC 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 RC 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 RC 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 RC insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your KTM RC 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.
Reliable coverage, hassle-free claims process
Rated by: Suman Bijlani
It’s been 3 years I have got the two wheeler insurance policy from IFFCO Tokio and it is extremely good.
Rated by: Kantilal Gala
Affordable premiums and comprehensive protection for my bike
Rated by: Adil Chinoy
Thank you IFFCO Tokio for your great help and assistance.
Rated by: Madhukar Chavan
I have taken my bike insurance from IFFCO Tokio
Rated by: Baban Shingade