No Claim Bonus: 10 % cumulative bonus benefit for each claim free year, maximum up to 50 % of the sum insured. (policybazaar.com)
In the case of insured person's death, his nominees shall receive the assured sum with bonus benefits throughout the plan term. (policybazaar.com)
Car owners can also avail of No Claim Bonus benefits in the form of lucrative discounts on premium at the time of renewing their auto insurance, provided no claims have been made. (policybazaar.com)