Coverage is provided for jewelry and other valuables kept in a bank locker.
Bank Locker Protector Policy is the first policy in the industry to protect the contents of a bank locker such as jewelry and other valuables. Here are some of the salient features of the policy:
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BUY/RENEW POLICYThe policy covers loss or damage of the contents of bank locker in the event of:
Extended Coverage
Major Exclusions
Cancellation
The policy can be canceled by the company on grounds of fraud, moral hazard or misrepresentation or non-cooperation by sending 15 days' notice. In such an event, IFFCO-Tokio will return to the insured, except in case of fraud or illegality, the premium paid less the pro-rata portion thereof for the period the policy has been in force. Insured may also cancel this policy by sending 15 days' written notice. The company will then allow a refund after retaining the premium based on specified rates.
The policy can be canceled by the company on grounds of fraud, moral hazard or misrepresentation or non-cooperation by sending 15 days' notice. In such an event, IFFCO-Tokio will return to the insured, except in case of fraud or illegality, the premium paid less the pro-rata portion thereof for the period the policy has been in force. Insured may also cancel this policy by sending 15 days' written notice. The company will then allow a refund after retaining the premium based on specified rates.
Great online experience. Iffco's car insurance is worth buying.
Rated by: Anjana Singh
Very user-friendly and adequately informative website. I completed buying my Bank Locker Policy very easily.
Rated by: Anand
Enjoyed buying the policy. The process was smooth and quick. Good work, keep it up.
Rated by: Ram
Enjoyed buying the policy. The process was smooth and quick. Good work, keep it up.
5/5
3 Reviews
