Tata Motors launches first of its kind ‘Triple Benefit Insurance’ across its range of trucks

Tata Motors has launched a new premium ‘Triple Benefit Insurance’ across its range of M&HCV, ICV & LCV Trucks and Tippers, yet another first from Tata Motors in the Indian commercial vehicle space. Designed specifically to minimize the financial impact to Tata Motors CV customers, the new premium ‘Triple Benefit Insurance’ maximises peace of mind, to the extent of full protection from loss of time and income, caused due to accidents. In partnership with Iffco-Tokio General Insurance Company, the New Premium ‘Triple Benefit Insurance’ is available under the “Standard Motor Insurance” policy with 3 specifically designed add-on covers – Depreciation waiver / Zero Depreciation Coverage, New Vehicle Replacement Coverage and Loss of Income/ Vehicle Hire Cost. Mr. Ravi Pisharody, Executive Director, Commercial Vehicles, Tata Motors, said, “We at Tata Motors are proud to introduce the new premium ‘Triple Benefit Insurance’, yet another industry first from Tata Motors. We remain committed to listening to our customers, understanding their needs and fulfilling these with new products and services that provide greater value. While we do so, our new offerings are being backed by technology – enabled dealerships, providing all-encompassing sales, service and spares.” Mr. Yogesh Lohiya, Managing Director & CEO, IFFCO Tokio said, “We at IFFCO-Tokio General Insurance are committed to developing and providing reliable insurance products and services that work for our customers ‘real time’. Having constantly strived to enhance our customer satisfaction through fairness, transparency, and quick response, we are delighted to have found partners in industry leaders like Tata Motors, having designed with them a first-of-its-kind comprehensive insurance package which is revolutionary and complete value for money.”