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Originally Posted by black12rr Gurus one more info need . Does NCB % increase every year ?
Like for example this year the insurance compay will give 5 % NCB .
Next year if you dont claim anything ,it will be 10 % and next year 15 % and so on ? |
Yes, it increases till a certain percentage. Though i am not sure of the rate of increase every year or the maximum, but it does....