What is NCB?

[dasu]

What is NCB ?

[hiren · Accepted solution]

Hi Dasu,

NCB is a discount in premium offered by insurance companies if you have not made a single claim during the term of the insurance policy.

[akanksha]

Hello Dasu,

No Claim Bonus ( NCB) - Quite simply, it's a discount in the Own Damage premium payable whenrenewing your policy after a claim-free year. It is an incentive for driving carefully and avoiding accidents.

Thanks

Akanksha

[mukeshgsachdev]

how does it work for multi year policy?

Regards

[nik]

Hey Mukesh, 

 I think benefits will be same as yearly policy.