Future Generali Two-Wheeler Vs IFFCO Tokio Two-Wheeler Insurance

Future Generali Two-Wheeler Vs IFFCO Tokio Two-Wheeler Insurance

Buying a dream two-wheeler does not end your responsibility. Rater, you need to protect it just like you protect your family. For that reason, different motor insurers have come up with several two-wheeler insurance policies that offer protection to the dream vehicle. Two-wheeler policies are usually two types – Comprehensive two-wheeler policy and third-party liability-only policy. While the comprehensive policy is complete protection against all the types of road risks that the bike is exposed to, the third-party policy only covers the damage or loss to the third-party vehicle and property.

Future Generali and IFFCO Tokio General Insurance are very well-known names in the market of motor insurance. Both companies have come up with comprehensive and third-party policies to offer maximum protection to consumers. To know more about them, have a look at the following mentions.

Comparison Between Future Generali Two-Wheeler and IFFCO Tokio Two-Wheeler Insurance

The following table gives you a better idea about these insurers and their two-wheeler plans.

ParametersFuture Generali Two-Wheeler InsuranceIFFCO Tokio Two-Wheeler Insurance
Types of plans


  • Future Secure Two-Wheeler Policy
  • Third-party Two-Wheeler Policy


  • Comprehensive Bike Insurance Policy
  • Third-party Bike Insurance Policy
Own Damage (OD) coverAvailableAvailable under Comprehensive Insurance
Cover against natural disastersYesYes, available
Additional legal liabilities
  • Paid driver/conductor/cleaner employed in the operation of the bike.
  • Employees traveling in/driving the bike other than the paid driver.
  • Non-fare paying passengers.
Some are available at an extra cost
Personal accident coverCovered up to Rs. 15 lakhsCovered
Normal wear, tear, and general aging of the vehicleNot payableNot payable
Quick Claim SettlementNot availableInstant claim settlement up to Rs. 50,000 through QCS app
Online renewal of two-wheeler insuranceAvailableAvailable
No Claim Bonus (NCB) benefitThe company allows you to have an NCB advantage at the time of renewal, even if you claim in the previous yearGet up to 50% Discount
Consumables coverNot payableCan be taken as an add-on cover
Cover against third-party liabilitiesAvailableCan be purchased as a separate plan, or else comes under the comprehensive policy as an in-built cover
Online buying facilityAvailableAvailable
Customization of the two-wheeler policyCan be doneThis can be done either through customization of bike value or adding add-on cover(s)
Daily allowance coverNot availableAvailable as an add-on cover

What is Future Generali Two-Wheeler Insurance?

Future Generali Two-Wheeler Policy is essential to offer overall protection to your bike. There are more than 3,500 partner workshops spread all over India for cashless claims. The company is well-connected to its customers through 121+ official branches. Future Xpress and Xpress+ services are available for personalized service and faster claim settlements. The company’s third-party liability-only two-wheeler plan compensates for the damages against property, bodily injury, or death to a third party.

Understand IFFCO Tokio Two-Wheeler Insurance

IFFCO Tokio Bike Insurance starts at only Rs. 1.5 per day. The company offers both types of bike insurance. The comprehensive bike insurance policy of this insurer provides coverage for both man-made and natural hazards and the third-party coverage comes as an in-built cover. Vast cashless garages and customizable IDV have made this policy popular among customers. This bike insurance policy ensures that your vehicle is restored to its original condition without putting a dent in your finances.

What are the key features of Future Generali Two-Wheeler Insurance?

The major mentions are as follows.

Personal Accident Cover:

Accidents can never be predicted. Therefore, the company’s insurance provides accident cover up to Rs. 15 lakhs.

Comprehensive Coverage:

Future Secure Two-Wheeler Policy offers protection against almost all types of road risks. It is a one-time solution for all types of two-wheelers.

Bike Damages:

If your bike has suffered damages due to an accident or theft, this insurance policy will compensate for all losses.

Towing Assistance:

Towing of your bike is available in case it meets with an accident or breaks down on a public road. The cost will be borne by the insurer as per specified limits.

Automobile Technician:

The company will arrange for an automobile technician to conduct onsite repairs in case your two-wheeler breaks down due to electrical, or mechanical failure or due to an accident.

Add-on Covers:

The bike insurance policy of Future Generali has come up with five add-on covers that can be added to the policy to strengthen the bike policy by paying a little extra premium amount.

Customer Service:

The company is always at the service of the customers. They are available 24×7. Therefore, Future Generali will always have your back.

Online Services:

The bike policies of the company can be handled online, such as one can buy, renewing, or filing claims online at his/her own pace.

Cashless Facility:

The company has come up with both cashless and reimbursement claim facilities. For a cashless facility, one has to repair the two-wheeler at one of the network garages of the company.

Major highlights of IFFCO Tokio Two-Wheeler Insurance

The following are the major benefits.

Accidents or Collisions:

The insurance policy covers repair or replacement costs for your bike in case of an accident.

Third-party Losses:

These cover bodily injury, death, or property damage to a third party in an accident involving your bike.

Add-on Cover:

You can also opt for better coverage in the form of a comprehensive bike insurance policy. Such policies also allow you to include various useful add-ons such as towing, zero-depreciation, no-claim bonus, etc., available with the insurer.

Cashless Garages:

The company has more than 4500 network garages spread all over the country. Therefore, if anyone wants to avail of the cashless claim facility, he/she can find one within his/her vicinity.

Quick Claim Settlement:

Instant claim settlement up to Rs. 50,000 through the QCS app is available with the insurer. The company offers four hour claim settlement facility as well.

Wide Network:

The company is well-connected to the customers through its wide number of official branches and more than 20,000 agents.

No Claim Bonus (NCB):

There is a possibility to get up to 50% NCB under this insurer.

Online Facilities:

To keep pace with digitalization, the insurer has introduced different online services. One can buy or renew his/her bike insurance policy online. One can also file a claim using the online service of the company.

Future Generali Two-Wheeler or IFFCO Tokio Two-Wheeler Insurance- Which one is better?

If someone needs a quick successful claim, that person can go for IFFCKO Tokio. On the other hand, if someone chooses to have better roadside assistance, which is one of the prominent factors, he/she can opt for Future Generali. It totally depends on the discretion of the policy-seeker and what he/she wants. On the basis of the need, one can choose any one between them. However, it would be highly recommended to go through the exclusions of each policy religiously, compare the premium amount using the online premium calculator facility, and then choose one.

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