If I change my insurance company to IFFCO Tokio, will my no claim bonus get transferred too?
Yes, your no claim bonus will get transferred to your IFFCO Tokio commercial vehicle insurance at the time of policy renewal. However, you will have to submit proof of the no claim bonus earned. You can do this by submitting your original policy along with a certification that proves that you have not made any claims during the policy tenure. The proof can be in the form of a renewal notice or a letter from the insurer acknowledging the bonus accrued to the insured.