Moreover, you can transfer your No Claim Bonus if you switch your insurance company. (policybazaar.com)
After the nominee has been appointed, the insurance company can transfer the claim amount to him but at the same time other legal heirs can make claims on the insurance amount. (policybazaar.com)
If you are replacing your old car with a new one, don't ever forget to transfer the No Claim Bonus. (comparepolicy.com)