What Is No Claim Bonus In Motor Insurance?

When it comes to protection and security, the first idea that comes to mind is insurance. However, insurance has much more to offer than just a safety net. One such example is the no-claim bonus. The no-claim bonus, known as NCB, is essentially a reward for not needing the service of the insurance provider. The idea is simple, you get a bonus if you go unclaimed every year. However, this feature is only available as an add-on.

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