Yes. In case you’re our customer, or are switching to Liberty Videocon General Insurance from any other insurance company, and have accrued some NCB from your previous insurer, you can get the same transferred. But this will be applicable only if the vehicle is insured within 90 days of your renewal due date. The same applies in case you decide to switch from Liberty Videocon General Insurance to any other insurance company.
The NCB is transferred at the same rate that you were entitled to get from the previous Insurance Company on renewal of your policy. However, we’ll need some documents from you that prove your entitlement to the NCB. The evidence can be in form of:
- A renewal notice or
- A letter confirming the NCB entitlement from the previous insurer
Kindly note that in case of a false NCB declaration, the policy will be subject to cancellation.