Irrespective of the claims
taken during policy tenure, No Claim Bonus discount remains protected during entire policy tenure.
Not exact matches
This is valid only
during the
policy tenure and if it
takes place whilst you were travelling abroad.
Let's
take an example, if a policyholder doesn't make a claim
during the
tenure of his auto insurance
policy, he becomes eligible for No Claim Bonus, on the basis of which, a certain rebate is offered on the payable premium.
Fixed premium — No matter what length you
take the plan for, your premium will be fixed throughout, and so you don't have to appear for medical tests, etc
during the
policy tenure and have the premium increased.
The policyholder will have the option to
take the survival benefit at any time on or after its due date but
during the
tenure of the
policy.