Banner Image

Everything You Need To
Know About Protection
Of NCB In Car Insurance

Enter Your Vehicle Registration Number


Do you have a new car? Click here

Protection of NCB

As a vehicle owner, you must take the first step of insuring your car against any kind of accidental damages on the road. A sound insurance plan can protect you from heavy financial liabilities in the event of damages to your car due to road mishaps or other incidents. The Indian motor laws already mandate a third-party insurance plan to be purchased by all car owners. You should take additional measures and insure your car against damages on the road. SBI General Insurance offers Private Car Insurance Policy- Package at a very nominal premium so that you can get the best protection plan for your car. Moreover, you can avail the Protection of No Claim Bonus add-on in car insurance.

What is a No Claim Bonus?

A No Claim Bonus (NCB) in car insurance is a benefit that you can receive when you renew your insurance policy after one annual insurance term gets completed without. The No Claim Bonus in car insurance is awarded to you in the form of a discount when you renew your car insurance policy. The No Claim Bonus is only offered if you don’t make any insurance claims during your insurance policy period. The NCB in car insurance can be understood as a bonus from the insurance company to commend you for your safe and accident-free driving. The discount percentage of your No Claim Bonus can increase in subsequent years. If you keep availing the NCB in consecutive policy terms, the discount offered increases. The discount increases every claim-free year for up to 5 years.

Key Features and Benefits of NCB in Car Insurance

What is the Protection of NCB Add-On in Car Insurance?

If you are purchasing a Private Car Insurance Policy – Package from SBI General, you can opt for the Protection of No Claim Bonus add-on cover. This add-on cover provides you with coverage for your NCB even if you make an insurance claim during your policy period. You can make up to one insurance claim for your car and still avail the NCB when you opt for this add-on cover.

Anyone who is holding / enjoying no claim bonus which is more than 25% should consider opting for Protection of NCB Add-On.

Private Car Insurance Policy - Package (UIN: IRDAN144RP0005V03201112)

Protection of NCB (UIN: IRDAN144RP0005V03201112/A0006V01202122)

Disclaimer: The above information is indicative in nature, for more details on complete coverage and terms and conditions, please contact our nearest office and also read the policy document and sales brochure carefully before concluding a sale.