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In this video, we will discuss what is No Claim Bonus? No claim Bonus (NCB) refers to the discount in premium offered by insurance companies if a vehicle owner has not made a single claim during the term of the motor insurance policy. The value of the discount depends upon the insurance claims one has made in that particular year. NCB given is as per below: After year one of no claim - 20% NCB After two consecutive years of no claim - 25% NCB After three consecutive years of no claim - 35% NCB After four consecutive years of no claim - 45% NCB After five consecutive years of no claim - 50% NCB ************************************************************** Watch our other Insurance Videos : 👉 Third Party Insurance: • थर्ड पार्टी कार इंश्योरेंस क्या है? |... 👉 Own Damage Policy: • Own Damage Car Insurance क्या है ? |... 👉 Comprehensive Car Insurance: • कॉम्प्रिहेंसिव कार इंश्योरेंस क्या है... 👉 No Claim Bonus: • No Claim Bonus क्या होता है | What is... 👉 How to buy Bike Insurance from PhonePe: • फ़ोनपे से बाइक इंश्योरेंस कैसे खरीदें|... ************************************************************************************ Join us on: Telegram : https://t.me/marketvani ************************************************************************************ Market Vani is a channel in which you will get latest informational & awareness videos related to investing, stocks, cryptos, mutual funds, insurance, bima, market news & analysis, fundamental & technical analysis of stock market, car insurance, bike insurance, health insurance, stock market, share market, value investing, financial freedom, cryptocurrencies, metaverse, personal finance, motor insurance, term insurance, vahan bima, share bazaar, ipo gmp, ipo analysis, etc. FOLLOW ME ON -- INSTAGRAM- / aviator_jitendra #noclaimbonus #ncb #carinsurance #marketvani #insurance #bima #noclaimbonusinsurance #ncbininsurance #ncbinsurance #marketvaniinsurance #onlineinsuarnce #bestinsurance what is ncb in insurance, what is no claim bonus, no claim bonus car insurance, no claim bonus motor insurance, no claim bonus bike insurance, no claim bonus in hindi, no claim bonus kya hota hai, no claim bonus benefits, no claim bonus calculation, no claim bonus kaise calculate kare, calculate ncb, ncb calculation yearwise, best ncb insuarnce in india, best ncb bima india 2022, phonepe bike insurance, phonepe insurance, phonepe online insurance, online phone insurance india 2022, best bike insurance in india 2022, online bike insurance india 2022, digit bike insurance, kotak bike insurance, liberty bike insurance, royal sundaram bike insurance, the new india assurance bike insurance, the oriental insurance, national insurance, acko bike insurance, policybazaar bike insurance, magma hdi bike insurance, bike insurance renewal, bike renewal online, united india insurance bike insurance, shriram general bike insurance, navi insurance, icici lombard bike insurance, bharti axa bike insurance, future generali bike insurance, tata aig bike insurance, hdfc ergo bike insurance, iffco tokio bike insurance, third party bike insurance, third party bike insurance in India 2022, third party bike insurance online, third party bike bima, comprehensive insurance, comprehensive bike insurance in india 2022, best third party insurance, best third party insurance online 2022, best bike insurance in india online, online bike insurance, best online bike insurance, types of bike insurance, best comprehensive bike insurance policy, best bike insurance in insurance, online bike insurance, own damage insurance plans, own damage bike insurance Disclaimer : Kindly read all important T&C before buying any insurance from PhonePe. All content, views, information shared in this video is meant solely for educational, awareness & informational purposes related to securities market i.e. Stocks, Mutual funds & Insurances. We don’t take any responsibility, neither we will be held responsible for any financial or mental loss due to misinformation, misinterpretation, miscommunication & any action taken by any individual or groups based on the information contained in this video. We are not SEBI or IRDAI registered advisors. This video is not meant to be considered as any types of investment tips & decisions. Please seek expert advice/opinions from your certified financial & insurance advisors before taking any decisions regarding investment or buying insurance plans. LIKE || SHARE || SUBSCRIBE || COMMENT