The TVS Sport is one of the most affordable bikes out on Indian roads. This sporty bike combines fuel efficiency with a smart design that really makes it a popular choice.
If you are about to buy the TVS Sport, you need to also look into getting adequate TVS Sport two-wheeler insurance coverage for your vehicle. As per The Motor Vehicles Act, 1988, you cannot ride or drive on Indian roads without having a valid bike insurance policy. This is where IFFCO-Tokio can step in to help you get the TVS Sport bike insurance you need.
You may buy a basic third-party TVS Sport insurance policy or get a comprehensive TVS Sport bike insurance policy along with various different add-ons. IFFCO-Tokio offers TVS Sport insurance plans for every budget out there.
You might obey all the traffic rules while riding your bike. However, the road can be extremely unpredictable. A TVS Sport insurance policy from IFFCO-Tokio will ensure that you are financially covered in case a mishap occurs.
If you buy a third-party TVS Sport insurance policy, you will be covered against any third-party financial and legal liabilities in case you cause an accident.
A comprehensive TVS Sport bike insurance policy will get you coverage for third-party damages as well as own damages in an accident involving your TVS Sport. Comprehensive TVS Sport bike insurance policy will also cover you against man-made calamities and natural disasters. So, you can raise a claim if your TVS Sport is damaged due to flooding, landslides, earthquakes, tempests, typhoons, riots, theft, and so on.
This kind of protection will truly let you breathe easy!
You can walk into one of the IFFCO-Tokio office branches and our staff will be more than happy to help you get the coverage you need. Or, you can get your TVS Sport insurance policy online by heading over to our website and following these 3 quick steps:
Simply log on to our website, provide us with your personal information (name, contact details, bike registration information, etc.) to view the available TVS Sport bike insurance policy options.
Next, pick a TVS Sport insurance policy that suits your budget and needs for coverage. If you are buying comprehensive bike insurance, consider opting in for some add-ons. Once your TVS Sport bike insurance policy is customized to your liking, move on to the final step.
Now, checkout and complete the payment on our secure website. Your TVS Sport insurance policy will be sent to your inbox where it stays safe. It’s that simple!
If you decide to visit one of our offices to buy your bike insurance policy, we would be glad to help you out. However, we recommend that you buy your TVS Sport insurance online to enjoy the following benefits -
The entire purchase process barely takes a few minutes
You may buy coverage at a time and place convenient to your schedule, even at midnight
Receive a soft copy of your TVS Sport bike insurance policy that you can access whenever you need to
This would depend on whether you go for a third-party TVS Sport bike insurance policy or a comprehensive TVS Sport two-wheeler insurance policy.
Coverage under a third-party bike insurance policy
Coverage under a comprehensive bike insurance policy
A comprehensive TVS Sport 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 TVS Sport two-wheeler insurance policy covers:
Here are some recommended add-ons that can widen the coverage of your TVS 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 TVS Sport 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 TVS Sport 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 TVS Sport 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 TVS Sport 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 TVS Sport two-wheeler insurance policy.
Premium is the cost of your TVS Sport 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 TVS Sport two-wheeler insurance plans, where it is usually paid once every 3 years.
The financial protection provided by your TVS Sport two-wheeler insurance policy is known as coverage. The coverage of a TVS Sport insurance policy will vary based on the insurance provider and the type of TVS Sport two-wheeler insurance plan you purchase.
Add-ons are extra amounts of financial protection that you can purchase to widen the coverage of your TVS Sport 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 TVS Sport insurance plan.
It’s simple! Just use our bike insurance premium calculator. This online tool allows you to check the premium of your TVS Sport 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 with 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% (FY21).
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.
The add-ons on my IFFCO-Tokio comprehensive two-wheeler insurance plan are great.
Rated by: Deepak Parikh
IFFCO-Tokio provides great comprehensive insurance plans!
Rated by: Vaishali Kadam
IFFCO-Tokio has so many network garages so taking my bike insurance plan from them was a smart decision.
Rated by: Anjan Bhawalkar
I was looking for quotes on bike insurance policies and IFFCO-Tokio provided the best deal.
Rated by: Tapan Hinduja
I got my Honda Hornet insured by IFFCO-Tokio and I am very happy with my decision.
Rated by: Rohit Mehta