IFFCO-TOKIO PERSONAL ACCIDENT INSURANCE PROPOSAL

IFFCO-Tokio General Insurance (ITGI) was incorporated on 4th December 2000 with a vision of being industry leader by building customer satisfaction through fairness, transparency, and quick response. It is a joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO) and its associate and Tokio Marine and Nichido Fire Group, the largest listed insurance group in Japan.

ITGI has Pan India presence with 51 ‘Strategic Business Units’ and a wide network of over 110 offices. It offers a wide range of uniquely customized policies covering a wide range of customers, from farmers to some of India's largest automobile manufacturers. From a modest Rs 2130 Million of GWP (Gross Written Premium) in 2001-02 it has achieved an impressive Rs 12350 Million in 2007-08, thereby becoming one of India’s leading private players.

ITGI has got the Technical Support for underwriting and reinsurance from Tokio Marine and on Risk Management from Tokio Risk Consulting (TRC). It is the first company in India to underwrite mega policies for a fertilizer and an automobile company. This comprehensive policy is based on international rates and optimizes the premium outflow for clients even as it offers a one-stop, all-risk cover. Other than the conventional products, it has been able to come out niche products like Credit Insurance, Fine Arts Insurance, P & I Insurance, Errors & Omissions Policy for the IT Sector etc. At the same time it has steadfastly carried out its rural centric initiatives by launching products like Sankat Haran Bima Yojana, Mausam Bima Yojana, Mahila Suraksha Bima Yojana and Janata Bima Yojana for the masses.

It is also the only insurance company in the country to have a 100%-owned distribution channel to service its retail customers called IFFCO-TOKIO Insurance Services Ltd (ITIS). Today, ITIS has a highly motivated workforce of over a 1000 employees in over 200 towns.

As a customer focused company, it conducts bi-annual customer satisfaction surveys through independent agencies to gauge its operational efficiencies. This is backed by a robust IT infrastructure, which has enabled, among other things, speedy settlement of claims.



INDIVIDUAL PERSONAL ACCIDENT INSURANCE PROPOSAL

Salient Features:

Covers:
*Death & Permanent Disability
Compensation: 100% of C.S.I.
*Partial Disability.
Compensation: 50% of C.S.I.
*Temporary Total Disability.
Compensation: 1% of sum insured under Table C.

Special Features:
*Ambulance Charges (Rs. 1000 or actual expenses whichever is lower).
*Cost of Clothing Damaged in Accident(Rs.1000 or actual expenses whichever is lower).
*Transport Cost of Dead Body (including Funeral Expenses)(2% of C.S.I. or Rs. 2500 whichever is lower).
*In the event of Dealth/PTD, EDU. FUND FOR DEPENDENT CHILD
For Child 1 child upto 23 years (10% of sum insured subject to max of Rs. 5000).
For more than 1 child upto 23 years(10% of sum insured subject to max of Rs.10,000).
*Loss of Employment as a consequent to PTD. (Rs. 15000 or 1% of C.S.I. whichever is lower).

IFFCO-TOKIO GENERAL INSURANCE CO. LTD.

Branch offices in Goa:
Reliance House, A/2, 1st Floor,
Isidorio Baptista Raod, Pajifond, Margao-Goa
Tel: +91 832 2703712

Campal Trade Center, B-S/3, 2nd Floor, Behind Military Hospital, Panaji, Goa
Tel: +91 832 2223248

Website: http://www.itgi.co.in


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