IFFCO Tokio - Individual Accident Insurance Plan
IFFCO Tokio General Insurance is a joint venture between Indian Farmers Fertilizer Co-operative (IFFCO) and Tokio Marine and Nichido Fire Group, one of the largest non-mutual private insurance group from Japan.
Toll-Free No.: 1800-103-5499
E-mail Id.: websupport@iffcotokio.co.in
IFFCO Tokio Individual Accident Insurance Plan
This policy offers compensation in case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.
Unique Features - IFFCO Tokio Individual Accident Insurance Plan
Children's Education Bonus: If a claim under AD or PTD is accepted for an insured person, the company shall pay a compensation as mentioned in the scale.
Loss of Employment Benefit: A Financial compensation upto specified limits shall be paid in the event of loss of employment following an accident resulting in loss of limbs/eyes or permanent total disablement.
Ambulance Benefit: Due to an accident if the insured needs to be moved to a hospital using an ambulance, then the Policy will pay the necessary charges upto the specified limits.
Cumulative Bonus: Under the Policy the Sum Insured amount for you and your family members under Individual and Family covers is automatically increased on renewal upto specified limits without payment of any extra premium.
Damage to Clothes: Cost of Clothing damaged in the Accident as described above and liability is admitted to the insurance company.
Indian Personnel working abroad: In respect of Indian personnel Corporate/Professionals working in a foreign country on civilian duties, the cover may be granted for personal accident on payment of additional premium.
Eligibility Criteria - IFFCO Tokio Individual Accident Insurance Plan
| Category | Details | ||||||
|---|---|---|---|---|---|---|---|
| Age Group | Min Entry Age: 5 Years Max Entry Age: 70 Years | ||||||
| Renewal Age | Life Long Renewal | ||||||
| Sum Insured | Based on the Monthly Income of the Person | ||||||
| Policy Tenure | 1 Year | ||||||
| Family Definition | Individual & Family - Self, Spouse, Blood relatives i.e. Dependent brothers, Sisters, Dependent Children and Parents | ||||||
Product Benefits - IFFCO Tokio Individual Accident Insurance Plan
| BENEFITS | DETAILS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Accidental Death | 100% of Sum Insured | ||||||||
| Permanent Total and absolute Disablement | 100% of Sum Insured | ||||||||
| Permanent Partial Disablement | % as assessed by Doctor | ||||||||
| Temporary Total Disablement | 1% of SI or Rs. 25000 whichever is less | ||||||||
| Expenses For Carriage of Dead Body | 2% of Capital Sum Insured or Rs. 2500 whichever is less | ||||||||
| Damage to Clothes | Rs. 1000 per insured person for any one accident or actual expenses whichever is less. | ||||||||
| Ambulance charges | Rs. 1000 per insured person for any one accident or actual expenses whichever is less. | ||||||||
| Education Fund | For 1 Child - 10% of C.S.I.; subject to a maximum of Rs. 5000/- For 2 Child - 10% of C.S.I.; subject to a maximum Rs. 10,000/- |
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| Loss of Employment | 1% of C.S.I. or Rs. 15,000 whichever is less | ||||||||
| Cumulative Bonus | In the event of no claim, 5% increase in the sum insured for each completed year, subject to max. of 50%. | ||||||||
Add-ons - IFFCO Tokio Individual Accident Insurance Plan
| Add-ons | Details | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Medical Benefit Extension | A policy can be extended on payment of extra premium to cover medical expenses necessarily incurred by the insured in connection with the injury, provided the claim otherwise is admissible under the policy. The table below will indicate the loading and the benefit limit for medical extensions. | |||||||||||||
| Benefits opted | Loading for medicals Extension | Limits | ||||||||||||
| Death Benefit | 10% | 1. Actual Expenses or 2. 10% of capital sum insured or 3. 25% of the admissible PA claim whichever shall be less. |
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| Death & Permanent Total & Absolute Disablement | 25% | 1. Actual Expenses or 2. 20% of capital sum insured or 3. 50% of the admissible PA claim whichever shall be less. |
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| Death, PTD, PPD | 50% | 1. Actual Expenses or 2. 35% of capital sum insured or 3. 75% of the admissible PA claim whichever shall be less |
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| Death, PTD, PPD & TTD | 100% | 1. Actual Expenses or 2. 50% of capital sum insured or 3. 100% of the admissible PA claim whichever shall be less. |
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| Indian Personnel working abroad | In respect of Indian personnel Corporate/Professionals working in a foreign country on civilian duties, the cover may be granted for personal accident on payment of additional | |||||||||||||
| Cost of Travel | Cost of travel for any relation, friend, colleague or any other nominated person by the Insured person or his/her spouse:- - 2% of C.S.I. or Rs. 10,000/- or actual expenses, whichever is less Travel for insured person - 1% of C.S.I. Rs. 5000/- or actual expenses, whichever is less |
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| Cost of Supporting Items | In the event of Insured person meeting with an accident and liability having been admitted - 2% of Capital Sum Insured or Rs. 10,000/- or actual expenses, whichever is less |
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Additional Discounts - IFFCO Tokio Individual Accident Insurance Plan
Not Available
Exclusion - IFFCO Tokio Individual Accident Insurance Plan
Accidental Bodily Injury that you meet with or arises out of:
- Any existing disablement prior to the inception of the policy
- Suicide, attempted suicide
- Serving in military, armed forces
- Under the influence of drugs, alcohol & other intoxicants
- Participation in felony, riots, war etc.
- Exposure to nuclear, radioactive materials
- Loss due to child birth or pregnancy, etc.
Claim Process - IFFCO Tokio Individual Accident Insurance Plan
In case you would like to know about the Claim Process or would like to register a Claim please click the link below
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