No Claim Bonus/ No Claim Bonus In a Vehicle Insurance Policy/No Claim bonus Transfer/NCB certificate
by
Kapil Saraswat
on
November 01, 2021
No Claim Bonus/ No Claim Bonus In a Vehicle Insurance Policy/No Claim bonus Transfer/NCB certificateNo Claim Bonus or NCB is a reward given by an insurance company to an insured for not raising any claim requests during a policy period. The NCB is a discount ranging between 20%-50% and is given to the insured while policy Renewal.NCB in Vehicle...