Bharti AXA CAR INSURANCE How to Transfer Ownership & Car Insurance from One Person to Another Quick Highlights Understand Car Insurance Name Transfer and Hidden Benefits Thereof A Step-by-Step Guide to Car Insurance Name Transfer Some Benefits that Can Be Reaped During Car Insurance Name Transfer How Can Bharti AXA help in Making Car Insurance Name Transfer Smoother Learn the Intricacies and Make an Informed Decision, Today! Understand Car Insurance Name Transfer and Hidden Benefits Thereof Transfer of a Car Insurance Policy from one person to another is a process that every policy holder must be aware of. Whenever you buy a used car or a second hand vehicle, the transfer of ownership from one individual to the other remains incomplete without the transfer of the Car Insurance Plan between the parties involved. Without the right information, the documents required for the same, and the benefits that can be reaped during the process, you could be missing out on a lot of essential aspects that every insurance policy holder or potential buyer should embrace. A Step-by-Step Guide to Car Insurance Name Transfer The first step involved in the process of Car Insurance Name Transfer is the transferring of the ownership of the car to the buyer. Some of the main documents involved in the same include the registration certificate of the car, the Insurance Certificate, Forms 29 and 30 possessing the sign of both the buyer and the present owner, address proof of the buyer, an affidavit representing the change in ownership, and a specific fee. The transfer of the insurance policy is the next step and involves aspects such as an application form for changing the name of the owner, a Valid Insurance Certificate, the updated Registration Certificate containing the buyer’s name, and the required fee. Some Benefits that Can Be Reaped During Car Insurance Name Transfer One of the most important aspects to remember during the process of transferring a Car Insurance Policy from one individual to another during the process of ownership transfer is the No Claim Bonus. As a buyer, you have the right as well as the opportunity to transfer the No Claim Bonuses that you have accumulated through your previous policy to the new car insurance plan that you avail through the transfer. Some of the main documents that you should keep in hand in order to ensure that your No Claim Bonuses are transferred to the new Car Insurance Policy include any document that signifies proof of delivery of car to the new owner, Forms 29 and 30, the original copy of policy as well as Certificate Of Insurance, and a request letter for policy cancellation. How can Bharti AXA help in Making Car Insurance Name Transfer Smoother On our web portal, you have a direct connection with our staff members who are at your beck and call at all points of time. Whatever queries and issues that might arise during the process of Insurance Policy Transfer can be communicated to them in a jiffy. If this does not solve the problem, you can connect with our Expert Team of Policy Handlers through our 24x7 Customer Care phone line, through which we have helped in the issuance of over 3.5 million policies till date. You no longer need to worry about long and complicated transfer procedures. Just leave the nitty-gritty to us, sit back and relax! Learn the Intricacies and Make an Informed Decision, Today! Before you embark on the intricate, but often misunderstood process of Car Insurance Name Transfer, make sure you read about the basics on the Bharti AXA web portal. Here, you can learn about the various documentation required to make the process a success, in as smooth a way as possible. Moreover, another important aspect that you can learn from us includes the various No Claim Bonus rates that an existing policy holder can avail on the basis of the number of claim-free years associated with the previous plan. This could help you avail discounts from anywhere between 20 to 50 percent of the premium amount. Frequently Asked Questions (FAQs) Have questions on anything and everything related to insurance? We've hand picked questions with answers that will help you understand the nitty-gritty of everything related to insurance. What is NCB? This benefit is given to a customer at the time of renewal. It applies only on the OD premium. NCB discount is available for 5 years and it increases each year with the highest being 50%. Would I need assistance while buying a policy online? We have made our online buying process super-convenient. But we want to ensure you make an informed purchase. So, if you need our help at any point in time, remember that we are just a call away. MORE FAQs Explore Our Products Car Two Wheeler Travel Health Bharti AXA Advantages We've raised the bar in being your Car's ideal insurance companion 9.8 MILLION ISSUES CLEARED 4500+ CASHLESS GARAGES IN INDIA 101 BRANCHES ACROSS INDIA 24/7 CLAIM ASSISTANCE Get Quote Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Related Posts 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 Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. 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.