NCB

Definition : No-Claim Bonus
Category : Business » Business Terms
Country/Region : Worldwide Worldwide
Popularity :
Type :
Initialism

What does NCB mean?

No-Claim Bonus (NCB) is a discount in premium offered by the insurance company to a policyholder for not making any claims during the policy term.
NCB discount ranges from 20% to 50% and is given to the insured while renewing a policy if there has been no claim during the past year(s). The discount is usually appliable to the Own Damage (OD) component of the comprehensive car insurance policy.

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We have found 13 more results for NCB
India NCB Narcotics Control Bureau
Governmental
>>
Departments & Agencies
Saudi Arabia NCB National Commercial Bank
Business
>>
Banking
European Union NCB National Central Bank
Business
>>
Banking
Worldwide NCB National Central Bureau
Associations & Organizations
>>
Governmental Organizations
India NCB New Cooch Behar
Transport & Travel
>>
Railway Station Codes
United States NCB National Cooperative Bank
Business
>>
Banking
United Kingdom NCB National Coal Board
Governmental
>>
Firms & Organizations
Worldwide NCB National Codification Bureau
Associations & Organizations
>>
Governmental Organizations
United States NCB Naval Construction Battalion
Governmental
>>
Military
United States NCB National Cargo Bureau
Associations & Organizations
>>
Regional Organizations
United Kingdom NCB National Children's Bureau
Associations & Organizations
>>
Regional Organizations
Hong Kong NCB Nanyang Commercial Bank
Business
>>
Banking
Denmark NCB Nordisk Copyright Bureau
Associations & Organizations
>>
Regional Organizations

Frequently Asked Questions (FAQ)

What is the full form of NCB in Car Insurance?

The full form of NCB is No-Claim Bonus

What are the full forms of NCB in Business?

National Commercial Bank | National Central Bank | No-Claim Bonus | National Cooperative Bank | Nanyang Commercial Bank

What are the full forms of NCB in Worldwide?

National Central Bureau | No-Claim Bonus | National Codification Bureau