• NCB becomes nil in case of a Claim
• NCB follows the fortunes of the customer and not the vehicle
• The validity period to reclaim NCB is 90 days from the date of Expiry of the policy
• NCB can be utilized within 3 years (in case if the existing vehicle is sold and a new car is purchased)
• NCB recovery to be done in case of a Name Transfer
• NCB gets transferred to the legal heir in case of Death of customer
• NCB can be transferred to a new vehicle in case of Substitution of vehicle of the same class
• NCB earned abroad can be given in India

An endorsement is a document that incorporates amendments and additions in the existing terms of the policy. It is a written evidence of an agreed change to policy. If the policyholder needs to purchase more coverage, add riders or change the scope of the existing insurance policy, they can approach the insurance company to make the required changes by way of an endorsement.

An endorsement can be issued at the time of purchase, mid-term or during renewal period. It can be used to provide additional benefits and cover (e.g., legal liability to driver) or to impose restrictions (e.g., accidental damage deductible). Subsequently, any amendments regarding policyholders documents such as change of name, change of address, change of vehicle, etc. can also be implemented by way of an endorsement. The wordings of those endorsements are provided in the tariff.