IndiaInsurance
18th November 2009, 03:57 AM
No-claim bonus (NCB) is a discount in premium offered by insurance companies if a vehicle-owner has not made a single claim during the term of the motor insurance policy.
More... (http://economictimes.indiatimes.com/ET-in-the-classroom-No-claim-Bonus-NCB/articleshow/5241485.cms)
More... (http://economictimes.indiatimes.com/ET-in-the-classroom-No-claim-Bonus-NCB/articleshow/5241485.cms)