Paragraph match score 79.0%
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What Is the NCB Slab Structure Set by IRDAI?
● 1 year claim-free: 20% NCB discount on OD premium ● 2 years claim-free: 25% ● 3 years claim-free: 35% ● 4 years claim-free: 45%
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How is NCB in insurance calculated?
1 claim-free year: 20% 2 claim-free years: 25% 3 claim-free years: 35% 4 claim-free years: 45% 5 or more years: 50%