Our Verdict
IFFCO Tokio Health Insurance provides comprehensive coverage for individuals and families, including hospitalization, surgeries, and critical illness treatments. Benefits encompass pre- and post-hospitalization expenses, cashless treatment at over 7,000 network hospitals, and coverage for 383 day care procedures. The policy offers customizable plans to meet diverse healthcare needs. Additional advantages include tax benefits up to ₹1 lakh and no medical tests for applicants up to 60 years old. Prospective policyholders should review specific exclusions and terms before purchasing to ensure the plan aligns with their requirements.
Pros
Rewarding Wellness Benefits
Includes programs promoting healthy lifestyles among policyholders.
Simple Claim Process
Streamlined procedures for hassle-free claim settlements.
Comprehensive Coverage
Offers extensive health plans for individuals and families.
Pros
Cons
Limited Online Reviews
Fewer customer testimonials available compared to larger insurers.
Co-Payment Clauses
Some plans may include co-payments, increasing out-of-pocket expenses.
Policy Exclusions
Specific treatments or conditions might not be covered.
Cons
Company Stats
Industry Avg.
IFFCO TOKIO General Insurance Company Limited
Gross Direct Premium
Industry Avg.
IFFCO TOKIO General Insurance Company Limited
ICR%
Rating 7.2/10
About the Company
IFFCO Tokio General Insurance Company Limited was established in 2000,it is a joint venture between the Indian Farmers Fertiliser Co-operative Limited (IFFCO) and Japan's Tokio Marine Group, with IFFCO holding a 51% stake and Tokio Marine 49%.
The company offers a diverse range of insurance products, including health insurance plans tailored for individuals and families. Their health insurance policies provide comprehensive coverage with sum insured options up to ₹1 crore, access to over 7,000 network hospitals across India, and benefits such as pre-hospitalization coverage (usually 60 days), post-hospitalization coverage (usually 90 days), and no pre-policy medical tests for applicants up to 60 years of age.
Additionally, they offer wellness benefits and a simple claim process, aiming to deliver peace of mind and financial security during medical emergencies.
MD and CEO of IFFCO Tokio insurance, Mr Subrata Mondal aims to make insurance accessible and affordable to a larger crowd by offering simpler claim processing and extensive coverage.
KYC Documents Required
Aadhar Card
Voter ID Card
PAN card
Passport
Claim Settlement
Cashless Claim
Reimbursement Claim
Renewal
Online Renewal
Offline Renewal
Key points to remember during Renewals
Customer Support
Talk to an OneAssure Insurance Expert for FREE.
Toll Free - 1800-103-5499,
E-mail - grievance@iffcotokio.co.in