Motor Insurance
What is NCB in car insurance?
Not claimed for 2 years. What is No Claim Bonus and how much discount?
#motor
#ncb
#discount
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6 years ago
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3 Answers
Community Answers
Always declare the correct IDV (Insured Declared Value). Lower IDV saves premium but reduces claim amount in total loss. (Reference: 9140)
My claim was denied because I didn't have a valid license at the time.
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