What are the discounts that can be allowed under Private Car policies?

The discounts that can be allowed under the Private Car policies are:

• Voluntary Deductible discount.
• No Claim Bonus.
• Automobile Association Discount.
• Discount on Vintage Cars.
• No other discounts are permissible.
• Under what circumstances No Claim Bonus (NCB) can be allowed?
• It is a reward for No claim in the previous year. It can be .accumulated over some time.
• It starts at 20% and goes up to 50%.
• NCB becomes Nil in case of a Claim.
• NCB follows the fortunes of the customer and not the vehicle.
• Validity - 90 days from the date of expiry of the policy.
• NCB can be utilized within 3 years. (where 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 the New vehicle in case of the Substitution of vehicle of the same class.
• NCB earned abroad can be given in India.