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15. Do we get a discount on the premium if we don’t claim?

mahindra-finance-author

by Mahindra Finance

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January 6, 2025

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1 mins read

Yes. Insurance companies reward the customers with a 'No Claim Bonus' for not making any claim. This means the coverage increases at no extra cost. This can vary from 10% to 50% depending on the plan.

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