Save tax up to ₹75,000~ u/s 80D
Save tax up to ₹75,000~ u/s 80D
Maximize your health insurance benefits with No Claim Bonus (NCB). Enjoy increased coverage and financial protection for every claim-free year. Read to know more about No Claim Bonus (NCB).
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Healthcare costs are rising rapidly, and having a steadfast health insurance policy has become more crucial than ever. People strive for coverage and additional benefits that award them for leading a healthy life. One such useful feature in health insurance policy is the No Claim Bonus (NCB), which plays a vital role in improving the value of a plan. Insurers award policyholders a bonus—usually an increased sum insured or discounted premiums—for not filing any claims during the policy year. NCB promotes accountable use, lowers risk for insurers, and creates long-term customer loyalty.
No Claim Bonus (NCB) in health insurance awards policyholders when they don't file for a claim during a policy year. Insurance providers often offer an increase in the sum insured instead of lowering the premium at no additional cost. For instance, when a policyholder doesn't file a claim, the coverage might increase by 10-50% yearly, depending on the insurance provider. The bonus encourages policyholders to lead a healthy lifestyle and prevent undue claims.
NCB accumulates over consecutive claim-free years, offering enhanced economic security. It is also movable if you swap the insurance provider—no Claim Bonus in health insurance benefits in lowering long-term costs while improving coverage benefits.
The policyholder is entitled to cumulative benefit under a no-claim bonus, wherein the sum insured increases by a specified NCB percentage in every claim-free year. With Care Insurance, if you accomplish a claim-free year, you receive a flat 10% rise in your sum insured for the next policy year. The No Claims bonus percentage will not exceed 50% of the sum insured under the policy.
The accrued no-claims bonus reduces by 10% of the sum insured, but in no case shall the total sum insured be less than the sum insured.
* Both individual and floater (Family) policies have NCB features.
For a better understanding, see the illustration below-
| Illustration | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 |
| Sum Insured | 5 | 8 | 11 | 11.5 | 12 |
| NCB | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Total Sum Insured | 5.5 | 8.5 | 11.5 | 12 | 12.5 |
If you do not claim your health insurance policy in a particular year, we raise a cheer for your good health in the form of a substantial bonus. You receive an increase of 50 % in your sum insured for every claim-free year, up to the maximum of 100 % of the sum insured. In addition to this, you also get a 10% increase in the sum insured, up to a maximum of 50%, as per the regular No Claims Bonus feature.
*NCB percentage varies from company to company.
* Terms and conditions may differ without any prior notice.
Do you know what super NCB is in health insurance? No claim bonus super, or Super NCB in health insurance, is increased coverage in the sum insured for each claim-free year. NCB Super is an add-on coverage offered by Care Health Insurance that boost the basis sum insured remarkably. Your sum insured amount is increased by 50% for each year without a claim, up to a maximum of 100%, with the NCB Super add-on cover.
>> Also Read: Health Insurance Claim Settlement Ratio
In any instance, the No Claims Bonus Super will not exceed 100% of the sum insured. If a claim is paid during a policy year, the No Claims Bonus Super earned will be reduced by 50% of the sum insured, but under no circumstances will the Total Sum Insured be less than the actual sum Insured.
Before getting health insurance, one must check whether their chosen plan has a No Claim Bonus feature.
No claim bonus is a noteworthy feature of health insurance plans that benefits a policyholder in umpteen ways:
To avail of a No Claim Bonus (NCB), notify your insurance provider during policy renewal. Here are the steps to avail of the No-claim bonus:
Cumulative bonuses improve your sum insured annually when you don't make a claim. The increase is often a fixed percentage.
Depending on the insurance provider, common bonus structures range from 10% to 50% per claim-free year. The maximum cap is usually 100% or 150% of the original sum insured. Some plans lower the bonus if you make a claim the following year.
This benefit boosts your coverage at no extra cost.
Care Health Insurance offers bonuses to policyholders who don’t make claims during the policy year. The no-claim bonus (NCB) feature is advantageous as it entitles them to make huge savings and gives them extra cushion during medical emergencies.
Policyholders can enjoy additional coverage, support, and access to quality treatment without worry. No claim bonus in health insurance is among the valuable features of medical insurance policies, which policy buyers should consider to save on medical expenditures.
Care Health Insurance believes in serving its patrons to the best of its abilities. Hence, we would never miss such important information that should be said aloud.
Care Health offers various plans, such as senior citizens' health insurance and maternity insurance, designed to meet our customers' requirements. To get the most comprehensive health insurance plans with No-Claim Bonus Benefits, contact us anytime, as we are available 24/7. We shall be happy to answer all your queries promptly.
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Every health insurance policy has a definite tenure. One can opt for a longer-term, say for two or three years. In such cases, the policyholders have the option to pay a one-time premium for all these years and save themselves from the hassle of renewing the policy annually. However, if a policyholder fails to renew the policy before the expiry date, it will lapse.
In such an event, the policyholder will not receive the benefits that come with health policy renewal. The accumulated coverage amount that comes under the no claim bonus would not be available to the policyholders if they do not renew their policies on time.
One of the advantages policyholders have under health insurance plans is the option to change their plan from individual to family floater health insurance. By changing an individual policy to a family floater, the benefits accumulated in the previous health policy can be made available to other members of the family under the new policy.
However, the sum insured amount or the percentage may vary, and it would depend on whether the plan was changed from individual to family floater or vice versa. Moreover, an increase in sum insured is also another vital factor taken into account.
Yes, the no-claim bonus is easily transferable. A policyholder can transfer the no-claim bonus benefits accumulated from a particular health insurance plan to another insurance company's new health insurance plan. It is transferable at the time of the portability of a health insurance policy or policy renewal.
Medical inflation in our country has been rising every year at double the rate of overall inflation. The costs of healthcare services are skyrocketing, and it will be difficult to bear the medical expenses in the coming future. In such a grim situation, no claim bonus in health insurance could be beneficial, and you can avail of no claim bonus as cumulative benefits in the form of a higher sum insured.
You are entitled to cumulative benefit under no-claim bonus, wherein the sum insured amount increases by a specified NCB percentage in every claim-free year. With Care Insurance, if you accomplish a claim-free year, you receive a flat 10% rise in your sum insured for the next Policy year. In any case, the No Claims bonus will not exceed 50% of the sum insured under the policy and in the event when there is a claim in a policy year. The No Claims bonus accrued reduces by 10% of the sum insured, but in no case shall the Total Sum insured be less than the sum Insured.
For every year that you enjoy uninterrupted good health, your bonus keeps adding up. It's just our way to tell you that we're there with you in good and bad times.
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^^Number of Cashless Healthcare Providers as of Feb 2025
**Number of Claims Settled as of Dec 2024.
^10% discount is applicable for a 3-year policy.
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