Benefits of No Claim Bonus available at Shahpur Turk CSC

Are you safe and vigilant driver? What if you're told that you simply are going to be rewarded for having a secure pair of hands? benefits of no claim bonus does just that! you'll enjoy being safe and vigilant driver and not making a claim once you renew your policy by taking advantage of a clause referred to as the benefits of no claim bonus. The clause has been designed to reward and encourage drivers to be safe on roads. If you've got not claimed insurance for damages to your vehicle or to self within the preceding year, you're eligible for benefits of no claim bonus the next year. The greater the amount of years where one hasn’t claimed insurance, the upper the discount offered. Will explain about this in further detail within the following paragraphs. a better discount on account of “No Claims” makes your automobile insurance Policy cheaper .

Benefits of No Claim Bonus a Win-Win Mechanism

The benefits of no claim bonus may be a win-win mechanism for both the insurer and therefore the insured. The insurer benefits from not having to pay during the amount insured for. a number of that benefit gets passed on to the insured by way of benefits of no claim bonus. With benefits of no claim bonus, the insured has an indicative reference around what is going to be his/her premium amount the subsequent year. for instance , you own a hatchback car which is five years old. You haven’t claimed insurance within the preceding five years. during this case, you're eligible for a reduction of 45% on the premium. While the discount available is fairly standardized across insurers, it's subject to review and alter . Therefore, it's important to know this aspect before finalizing on your policy purchase and therefore the insurer from whom you buy the policy. Generally, the discount slabs are as follows: 20% for the second year, 25% for the third year, 35% for the fourth year, 45% for the fifth year and 50% for the sixth year. The saving potential stands at a minimum of Rs.2,400 (at 20%) to a maximum of Rs.6,000 (at 50%) on a premium of Rs.12,000 for a automobile insurance plan. benefits of no claim bonus are often carried forward provided the policy is renewed within 90 days of the expiry date. benefits of no claim bonus is applicable only to the “own damage” a part of the premium. This translates to 80% of the policy premium. The premium for third-party damage constitutes the remaining 20%.

Termination of Benefits of No Claim Bonus:

Your No Claim Bonus stands invalid under the subsequent primary conditions (besides others as specified by your insurer):

• If you've got made a claim during the preceding year, you can't claim benefits of no claim bonus within the current year. Similarly, you can't claim benefits of no claim bonus the next year, if you've got already claimed insurance within the current year.
• You can't avail benefits of no claim bonus for a lapsed policy. So it's important to make sure you renew your auto insurance plan within the stipulated time-frame . In most instances, companies provide a 90 day window for auto insurance renewal of existing policy.

Tips for benefits of no claim bonus:

Here are a couple of suggestions you would possibly want to think about while utilizing your benefits of no claim bonus:

Benefits of no claim bonus Transfer: benefits of no claim bonus are often transferred from one vehicle to a different provided the policyholder is that the same. this is often because the benefits of no claim bonus feature is linked to the insured and not the vehicle. However, please note that the vehicle type has got to be an equivalent . If you currently have two-wheeler insurance and you've got purchased a replacement hatchback car, benefits of no claim bonus you've got earned for your two-wheeler can't be availed for your new car.

You can not only transfer your benefits of no claim bonus from vehicle to vehicle but from insurer to insurer. so as to transfer your benefits of no claim bonus discount from your old insurer to your new insurer, you'll need to follow the procedures as listed by your current insurer.

In some cases, it's going to be prudent to not claim insurance if the value of repair is estimated to be less than the advantages of no claim bonus discount you'll be eligible for within the following year.

Many insurers offer a benefits of no claim bonus exclusively for patrons that purchase auto insurance online. Do background research if this is often the case with the insurer you plan to get your auto policy from and also evaluate the discount slabs and premium outgo before you opt on your car insurance Policy. Compare wisely!

Where to avail Benefits of No Claim Bonus for my Car / Bike / Vehicle Insurance

Please visit Shahpur Turk CSC, Near Govt School, VPO Shahpur Turk, Sonipat to avail any e-governance service explained here along with Benefits of no claim bonus for your car / bike /vehicle insurance.

• AADHAAR Enabled Payment System (AEPS)
• Insurance Motor, Insurance Health, Insurance Life, Insurance cattle, Insurance property, Insurance Fire, Insurance personal accident
• PAN Card application
• Passport Assistance Services
• Premium Collection Services of Insurance Companies like LIC, SBI, ICICI Prudential, AVIVA DHFL and Others
• E-Nagrik & E- District Services {Birth/ Death Certificate etc.}
• Pension Services
• NIELIT Services
• Aadhar Printing and Enrollment
• PAN Card
• Electoral Services
• Voter Card
• Ration Card
• E-Courts and Results Services
• State Electricity and Water Bill Collection Services
• IHHL Project of MoUD (Swachh Bharat)
• IRCTC, Air and Bus Ticket Services
• Mobile and DTH Recharge
• English Speaking Course
• Agriculture Kisan Services
• CSC Bazaar
• E-Learning

csc, shahpur turk csc, aeps, digipay, insurance, passport, pan card, ration card, voter card, death certificate, birth certificate, bill payment, mobile recharge, pension,

benefits of no claim bonus

benefits of bharti axa car insurance no claim bonus

benefits of bharti axa no claim bonus

benefits of bike insurance no claim bonus

benefits of bajaj allianz health insurance no claim bonus

benefits of bajaj allianz car insurance no claim bonus

benefits of allianz no claim bonus

benefits of allianz insurance no claim bonus

benefits of allianz home insurance no claim bonus

benefits of acko no claim bonus