Bharti AXA provides a comprehensive cover for your car,so you can drive hassle-free.
Ride without worries, with Bharti AXA long term two wheeler insurance plan.
Safeguard the health of your loved ones with a wide range of Bharti AXA health insurance plans.
Secure your joyous family trips with Bharti AXA international travel insurance cover.
Car insurance is a financial safety belt which protects you in case of any accidents. It covers you and any third party liabilities. As the description suggests, there are a number of complications you might face in the hidden chamber of these policies. Let’s try and deal with one such chamber, called the No Claims discount.
The accumulation of discount in case of a claim free year on the motor insurance is referred to as No Claim Discount (NCB). This discount adds up to the number of years you go claim free, resulting in lower premium rates upon renewal. This was essentially announced to encourage people to drive safely, without any accidents.
A claim free year ensures the following years’ NCB. Some policies offer a generous amount and considerable premium rates upon renewal.
As generous and alluring it may be sound, your bonus might vanish in an instant in case you make a claim. Situations where it might get terminated include:
Situations where it might get affected include:
*check policy wording and coverage areas to see unaffected NCB and the number of claims you can make in a year to be on the safe side.
To avail lower premium rates upon renewal and in some cases added benefits and reduced add ons. In case of any claims made due to unforeseen circumstances, your NCB remains unaffected. You can avail your discounts after every renewal.
First year renewal
Second year renewal
Third year renewal
Fourth year renewal
Fifth year renewal
(The Economic Times, 2019)
*protecting NCB might not insure a static premium rate. It defers based on your claim history.
Locking In that bonus requires additional investment but losing it in an instant affects your premium negatively. This is especially important with the rates of premium rising each year.
136 BRANCHES ACROSS INDIA
27+ MILLION POLICIES ISSUED
24/7 CLAIM ASISTANCE
Disclaimer :The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Insurance needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice for Travel/Health/Motor. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.
We are facing issues in connecting to the Payment Gateway, please try after sometime or call 022-6118-8888
We are facing some technical difficulties while fetching your quote. We will get back to you as soon as we are able to get your Quote. Apologies for the inconvenience caused to you.