NCB Full Form in Insurance

https://www.nivabupa.com/health-insurance-articles/ncb-health-insurance-benefits.html

NCB full form in insurance stands for **No Claim Bonus**. It is a reward offered by insurers to policyholders who don't file any claims during the policy year. NCB can result in discounts on the premium for the next renewal, encouraging safe and claim-free behavior. It is typically applicable to motor insurance and health policies, promoting responsible policyholder practices.
NCB Full Form in Insurance https://www.nivabupa.com/health-insurance-articles/ncb-health-insurance-benefits.html NCB full form in insurance stands for **No Claim Bonus**. It is a reward offered by insurers to policyholders who don't file any claims during the policy year. NCB can result in discounts on the premium for the next renewal, encouraging safe and claim-free behavior. It is typically applicable to motor insurance and health policies, promoting responsible policyholder practices.
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