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What is No Claim Bonus in car insurance? (Tamil) | NCB | Vehicle Insurance | SM EDUTALK

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What is No Claim Bonus in car insurance?
No Claim Bonus or NCB is a reward given by an insurance company to an insured for not raising any claim requests during a policy year. The NCB is a discount ranging between 20%-50% and is given to the insured while renewing a policy.
Watch this Tamil video @SM EDUTALK to know more about NCB in vehicle insurance.
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DISCLAIMER: This Channel DOES NOT promote or encourage any illegal activities. Whatever shared in this video is solely for viewers’ information and educational purpose only. Before applying anything that is mentioned in this video, in practice, get an expert’s opinion. SM EDUTALK has no liability or responsibility for any decision taken by the viewer.
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No Claim Bonus or NCB is a reward given by an insurance company to an insured for not raising any claim requests during a policy year. The NCB is a discount ranging between 20%-50% and is given to the insured while renewing a policy.
Watch this Tamil video @SM EDUTALK to know more about NCB in vehicle insurance.
Follow me on Instagram :
Make me your friend on Facebook :
DISCLAIMER: This Channel DOES NOT promote or encourage any illegal activities. Whatever shared in this video is solely for viewers’ information and educational purpose only. Before applying anything that is mentioned in this video, in practice, get an expert’s opinion. SM EDUTALK has no liability or responsibility for any decision taken by the viewer.
Other Videos:
What to do, if my insurance claim is rejected? | Register a complaint against an insurance company
Is it mandatory to take home loan insurance to protect the home loan?(Tamil) Find the best insurance
How does the Repo rate affect your loan interest rate? (Tamil) | SM EDUTALK #shorts
Which is the best asset to invest in? (Tamil) | Types of Assets | SM EDUTALK #shorts
Which method is best to buy a car? (Tamil) | Cash vs Loan | Advantages & disadvantages
Home loan down payment (Tamil) | Other expenses | How to raise money?
Differences between NBFCs and banks (Tamil) | NBFC vs Bank | Non-Banking Financial Company
Differences between NEFT, RTGS & IMPS in Tamil | Best fund transfer methods | payment systems
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