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16.2%First documentDoes Filing a Small Claim Mean Losing Your No Claim Bonus? | Generali CentralOpen original ↗
Second documentWhat Happens to NCB After Delayed Renewal| Generali CentralOpen original ↗
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How Much NCB Can You Accumulate?
No Claim Bonus (NCB) is awarded for every claim-free year within the comprehensive or standard own-damage car insurance policy. The standard NCB slab, as per the industry practice, aligned with the guidelines from the Insurance Regulatory and Development Authority of India, is as follows:
Introduction
No Claim Bonus (NCB) is one of the most valuable benefits available in a car insurance policy. It rewards policyholders like you for maintaining a claim-free record during the policy period. NCB discourages policyholders from filing claims for every small thing, and also decreases the insurer’s liability. Eventually, the accumulated NCB discount reduces the insurance premium.