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Records in this category
- What's IDV and how is it determined?
- What is voluntary deductible option?
- If my No Claims Bonus (NCB) has been earned in another country, is it still acceptable?
- Do the years I’ve spent driving a company car count towards my No Claims Bonus?
- What is No Claims Discount (NCD) or No Claims Bonus?
- If I am buying a new car, how do I transfer my existing policy over to the new vehicle?
- What is the procedure for Transfer of Insurance?
- How do I add/ delete the Hypothecation in my Car policy?
- How should I change the registration address or any vehicle information on the policy?
- What happens to my car insurance when I sell my car?
- What is the status of Car Insurance in case of death of Registered Owner during the validity of policy period?
- What will be Personal Accident claim status in case person has more than one vehicle in his name and has taken coverage for owner driver in all the policies?
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Car Insurance » General
ID #1114
What is No Claims Discount (NCD) or No Claims Bonus?
They are same.This is the term used to describe the discount insurance companies give policyholder when they have not made any claim.This is usually expressed in %.
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Related entries:
- What is a TPA?
- From where can I get the claim form to make a claim?
- In case medical treatment is required, is there any need for any pre-approval before hospitalization?
- If I am evacuated on grounds of medical reason, can I continue my treatment in India?
- How and where can I register a claim? What are the documents required?
Last update: 2010-11-22 11:42
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Revision: 1.0
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