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No Claim Bonus in Health Insurance

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What is No Claim Bonus in Health Insurance?

The No Claim Bonus meaning in health insurance is straightforward. It is a bonus for not raising any claim during a policy year. A no-claim bonus (NCB) is a reward given by the insurance company if you are fit & healthy and do not make any medical claims during a particular year.

The health insurance no-claim bonus provides cumulative benefits to the policyholders. The policy sum assured is increased by around 10% for every claim-free year. This additional amount gets accumulated every year and offers higher insurance coverage to the policyholders. But this increase is subject to an upper limit of 50% of the original sum assured.

Note: NCB is only applicable for group medical insurance policy not Individual health insurance policy

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When is a No Claim Bonus Provided in a Health Insurance Plan?

NCB is provided to the policyholders at the time of renewal of their health insurance policies. Some insurance providers may offer this benefit within the policy tenure. The companies that do not offer an NCB may provide a discount on the insurance premium.

The following conditions are applicable in respect of the no-claim bonus in health insurance:

The benefits of NCB are not lost if a policyholder makes a lower claim during the year. The bonus gets deducted in proportion to their claim size.

The accumulated benefits of NCB can be transferred to a new health insurance plan if the policyholders decide to shift from one insurance provider to another.

If the policyholders make low or no claims, they can be offered a discount on the insurance premium for the subsequent year.

How is a No Claim Bonus Beneficial for the Insured?

The best no-claim bonus health insurance offers the following benefits to the policyholders:

Higher Insurance Coverage

The no-claim bonus feature offers the benefit of a higher sum insured at no additional cost to the policyholders. It helps you to comfortably manage rising medical expenses and access better healthcare facilities.

Reduction in Premium

If the insurer does not enhance the sum insured, you can enjoy cost savings due to lower premiums for the same coverage.

Financial Protection

A no-claim bonus helps to provide better financial protection to individuals suffering from chronic diseases and during times of medical emergencies .


The accumulated benefits of NCB can be transferred if a policyholder decides to shift to another insurance provider.

Health Benefits

The availability of a no-claim bonus provides an incentive to the policyholders and their family members to stay fit & healthy.

Features of NCB Health Insurance

The general features of NCB health insurance are outlined below:

The benefit of a no-claim bonus is available only if the policyholder does not file any claims during the previous period.

The NCB is not offered by all health insurance policies. The health insurance plans that offer this benefit can have their terms & conditions.

The policyholder gets an NCB of around 10% for every claim-free year. It increases the sum insured limit at the time of renewing the policy. But the total increase is subject to a maximum limit of 50% of the original sum insured.

The NCB benefits shall continue to remain in force even if the policyholder decides to switch from one insurance company to another.

The no-claim bonus amount can be utilized by any family member in a family floater policy.

The policy must be renewed before the expiry date to become eligible for a no-claim bonus benefit.

How to Claim the No Claim Bonus in Health Insurance?

You can claim the no-claim bonus (NCB) in health insurance by following these steps:
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Step 1

Check your health insurance plan for details regarding NCB.

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Step 2

Ensure that you are eligible to claim the NCB (by not making any claims during the policy tenure)

Get in touch with your health insurance provider for necessary support & guidance.

Submit the required documents that include your identity proof and proof of no claims during the policy period.

Fill up the NCB claim form and submit it (along with the documents) to your insurance provider.

After successful verification & processing, you will receive the NCB benefits such as enhanced insurance coverage or a discount on premiums.

Frequently Asked Questions on NCB in Health Insurance

To get the benefit of a no-claim bonus in health insurance, it is necessary for the new policyholders to complete one full claim-free year. The NCB benefit can be availed subsequently.

Your health insurance policy will lapse if you do not renew it before the expiry date. You do not get any No claim bonus benefits under the plan if you do not renew the policy on time. The accumulated NCB will cease to exist and shall not be available to the policyholders.

No. It’s not mandatory for insurers to offer a health insurance no-claim bonus. Please check and confirm whether the NCB benefits are available before you purchase the policy.

No. All the NCB benefits accumulated under your plan will remain intact even if you switch to another insurance company. But do check the terms & conditions of the policy before you make the switch.

Generally, the insurance provider will decide whether a particular plan will offer a higher sum insured or a discount on premiums. You can check the policy features and select a suitable plan that meets your requirements.

Disclaimer: The no-claim bonus (NCB) in health insurance may have limitations, exclusions, and other terms and conditions that may affect coverage. It is important to carefully review the policy wording before making any decision.