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Regarding the 65% no NCB, I was speaking to somebody from HDFC chubb who confirmed the rules were changed some time back. ( think its less then 3 years back but cant be certain ) the maximum NCB possible now is 50%.
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Correct. But it could be only for new policies / NCB buildup. My insurance policies, dated before this rule came into place, still read (and give the benefits of) 65% NCB.