Sentences with phrase «claim free year»

Getting a claim free year may result to discount on the premium rates on the next policy renewal or an increase in the sum assured.
No claim Bonus of 50 % of the initial sum insured up to a maximum of 100 % of sum insured for every claim free year
No claim Bonus of 50 % of the basic sum insured upto a maximum of 100 % of sum insured under claim free year is given.
In case of Max Life Cancer Insurance Plan (inbuild - indexation benefit), the initial sum insured is increased by 10 % (simple rate) for every claim free year, up to five years.
The major advantage of this health plan is that it gives the benefit of no claim bonus upto 50 % in case of one claim free year and 100 % in case of two claim free years.
Also for every claim free year, the sum assured amount increases by 10 % simple rate until it reached the maximum permissible 150 % of the sum assured amount.
Getting a claim free year may result to discount on the premium rates on the renewal premium or an increase in the sum assured under the plan.
Getting a claim free year may result to discount on the premium rates on your renewal premium or an increase in the sum assured.
No claim bonus: 10 % increase in annual inpatient sum insured for every claim free year subject to a maximum of 50 %.
Bonus: Following a claim free year bonus at 50 % of the basic sum insured (max.100 %) would be allowed.
In addition, on renewal of the policy, the sum assured will be increased by 5 % for every claim free year.
It is great if you have no accidents and you naturally have a claim free year.
No Claim Bonus here refers to the bonus that is provided to the policyholder if he / she gets a claim free year.
No claim Bonus: Increase in Sum Insured @ 20 % of Base Sum Insured subject to the maximum of 100 % of Base Sum Insured for each claim free year
The sum insured may increases by 10 % for every claim free year upto 200 %.
The policy offers a cumulative bonus of 5 % for each claim free year up to a maximum of 50 %.
For every claim free year, insurers provide the policyholder with no claim bonus which is a cumulative bonus and keeps adding every year.
However, in two scenarios, floater plan proves to be more expensive 1) If the age of the claimant is higher than the other family members» or he / she has a poor medical history; 2) by accumulating no claim bonus for each claim free year, policyholders can make their individual policies cheaper.
Apart from this, there is a multiplier benefit in this plan which increases your basic sum insured by 50 % in case of a claim free year.
In this context calculate the discount you are eligible to receive if you hold a claim free year.
It gives a family bonus of 10 % and a 10 % cumulative bonus for each claim free year which can go up to 50 %.
In such cases it is advisable to pay the bills out of your own pocket and maintain a claim free year to avail the discounts in future renewals.
A cumulative bonus / No Claim Bonus benefit varies from insurer to insurer that is provided to the members of family included in the family floater policy for every claim free year.
Policyholder can either opt for a premium discount of 5 % for each claim free year till it reaches 50 % or can select the cumulative bonus option.
Each claim free year entitles you no - claim bonuses calculated against the sum assured by the policy.
Cumulative bonus: Under this policy, for every claim free year sum insured will be increased by 5 % at each renewal and maximum bonus that is applicable is 30 %.
Ergo, making claims against small medical expenditures cost more in the long run than what you can gain from a claim free year.
Additional Benefits: At the time of renewal of the policy, you will get cumulative bonus of 5 % for each claim free year, maximum up to 50 % sum assured.
For every claim free year, the car insurance company rewards the insured with a percent discount on the renewal premium.
One of the major features of this policy is that the sum assured is indexed for every claim free year.
For every claim free year, the insured is rewarded with discount on the renewal premium.
This is called as No Claim Bonus (NCB) and it keeps on increasing every claim free year up to a maximum of 50 % discount.
Renewal Benefits for Inpatient Treatment - A cumulative bonus of 10 % for every claim free year up to a maximum of 50 % of the in - patient sum insured.
You are entitled to obtain a No Claim Bonus for every claim free year.
For every claim free year you are eligible for Cumulative Bonus (CB) of 10 % of sum insured.
No Claim Bonus: 10 % cumulative bonus benefit for each claim free year, maximum up to 50 % of the sum insured.
If you were claim free another year the deductible the following year would be $ 100.
If the collision isn't your fault, our comprehensive car insurance protects your claim free years — and we'll even cover your excess too.
As it says Optima Restore - The Unbelievable Health Plan has several unbelievable benefits with one such advantage as multiplier benefit, which doubles the sum insured in 2 claim free years!
0 % of average Basic Sum Insured can be reimbursed as the cost of health check - up, once at the end of 4 claim free years block
No claim discount of 3 % after three continuous claim free years and subsequent claim free years subject to maximum of 15 %.
The multiplier benefit doubles the sum insured in 2 claim free years!
Free Medical check - up in the company's empanelled diagnostic centers after every four claims free years.
We will offer health checkup only once at the end of continuous four claim free years during which You have been insured with Us.
National car insurance online policies in India provides No Claims bonus for every claims free year on renewal
National Two wheeler insurance online policies in India provides No Claims bonus for every claims free year on renewal
This plan offers reimbursement of health check - ups on completing 4 claim free years.
Up to 1 % of sum insured per insured person, only once at the end of a block of every continuous four claim free years.
Up to 1 % of the Sum Insured per Policy subject to a maximum of Rs 5,000 per Insured Person only once at the end of a block of every continuous four claim free years.
NCB is a discount on premium offered by the company to the plan buyer in cases of claim free years.
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