Is my No Claim bonus (NCB) transferable?

Yes, in case you are changing insurance companies and have accrued No Claim bonus (NCB) from them, you can get the same transferred in case your vehicle is insured within 90 days of your renewal due date.

If you sell your vehicle and the new owner has accrued No Claim bonus (NCB) in his name, they can obtain a certificate from the insurance provider for the same and buy a fresh policy for the vehicle anytime within the next 3 years to be eligible to transfer the NCB.

Learn more about how much NCB you earn when you do not make a claim.