IFFCO Tokio Car Insurance Renewal

IFFCO Tokio provides various car insurance policies to offer financial protection to your car under multiple scenarios. You can easily purchase car insurance policies for a specific validity period. Policies expire after the validity period is over and need to be renewed by repayment of premium for the insurance term.

Policy renewal keeps your car insurance policy valid and active. It also mitigates all legal troubles and financial losses in case of claims. If the policy has expired and no renewals are made, you can lose all bonuses and discounts and will not be eligible to file a claim.

IFFCO Tokio Car Insurance Policy Renewal Online Process

In case your IFFCO Tokio car insurance policy expires, you can renew it in both online and offline mode. You can follow these steps for the IFFCO Tokio four wheeler insurance renewal online:

• Visit the insurer or the insurance aggregator's website.
• Input your data such as vehicle registration number, policy number, registered mobile number, and email address.
• Choose the right insurance policy to be renewed.
• It will show you the current status of your policy and the renewal premium breakdown.
• If you want, you can choose any add-on covers, if applicable.
• Agree to the term and conditions if you accept the premium amount.
• Make the payment of the renewal premium amount.
• Your policy will be renewed instantly, and the renewed policy document will be sent to your registered email id.

IFFCO Tokio Car Insurance Policy Renewal Offline Process

Here are the steps you can follow for your IFFCO Tokio car insurance renewal offline:

• Visit the nearest IFFCO Tokio insurance office with your policy and KYC documents.
• Fill out all the details in the application form for the policy renewal.
• Enter your name, address, email and mobile number, vehicle number, and policy number.
• Choose any add-on covers, if applicable.
• Agree to the term and conditions if you accept the premium amount.
• Make the payment of the renewal premium amount at the desk.
• You will get instant renewal for your insurance policy, and you can also get the renewed policy document immediately.

IFFCO Tokio Car Insurance Renewal Benefits

Switch Cover

You can opt for a different cover during your online car insurance renewal. Generally, customers purchase their car insurance policy for the first time from the car dealer. At that time, they don't spend much time exploring the insurer or the coverage. But, you can do so at the time of renewal.

No Claim Bonus (NCB)

If you renew your car insurance policy online without filing any claim during the policy tenure, you will be entitled to an NCB. You can get this insurance premium discount during policy renewal. The discount starts from a minimum of 20% for the first year. It is up to 50% for the fifth consecutive year without any claim made.

Add-ons

If you plan to include any add-ons with your existing car insurance policy, policy renewal is the right time to do so. You can choose add-ons at the time of policy renewal to extend your existing coverage. These include add-on covers such as engine cover, zero depreciation cover, return-to invoice, etc.

Opt for Car Insurance Online

In case you have chosen offline insurance, you always have the option to opt for car insurance online at the time of renewal. This is a quicker and cost-effective option. You can simply visit the website and enter your essential details to get a premium quote. Your policy renewal will get done within minutes.

Security

Renewal of your IFFCO Tokio car insurance offers you a sense of security. You can drive around confidently with renewed insurance without worrying about the financial liabilities of an accident. However, if your policy expires, you may miss out on the No Claim Bonus, and the new policy may be more expensive than the previous one.

To get all these benefits, it is crucial for IFFCO Tokio renew car insurance online to keep your vehicle insured continuously.