What Is Ncb In Motor Insurance

July 6, 2022 ⚊ 1 Min read ⚊ Views 127 ⚊ NEWS

What is NCB in motor insurance – NCB is earned throughout a policy’s coverage period. It is not a benefit that is automatically included in the policy. An insured must not file any claims during the policy term to be eligible for the NCB. This means that you can only use the NCB once you have renewed your two-wheeler insurance policy for the second time. During a specific year of the policy coverage, you are limited to a certain pre-determined sum.

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Tags: insurance, Motor, NCB