What I am seeing in NCB is crazy…it is absolutely crazy. Look at the following: If there is no claim during the first year i.e., zero number of claims then HDFC Ergo General Insurance will give 45% on Own Damage (OD) premium as No Claim Bonus (NCB). NUMBER OF CLAIMS IN THREE YEARS NCB % […]
Tag: third party
5. Are you a member of Automobile Association of India?
I am dealing with the other question…’Are you a member of Automobile Association of India?’ If yes, please submit a membership copy. Firstly, there is no such association called Automobile Association of India. When I queried on my computer for the website of Automobile Association of India, I was directed to a website called Automobile […]
Motor Insurance – When the Insurers Don’t Pay?
Of all the insurance products, Motor Insurance is very popular not only in India but also across theglobe, because of its compulsory nature. Typically, motor insurance is divided into, very popularlyknown, two types: Third Party (TP) and Comprehensive. What these insurances are we shall beseeing in these series. The modus operandi of each of the […]
