INTERVIEW QUESTIONS INSURANCE AUTO / VEHICLE / MOTOR INSURANCE DETAILS

Question: My 2 wheeler insurance policy lapsed as I was out of town. I am now planning to renew it after a period of 15 days after the expiry date. Will this impact my NCB?

Answer: If you have failed to renew your 2 wheeler insurance in time you would be doing an illegal activity when you drive the vehicle in question. If you allow your two wheeler insurance policy to lapse for a period of more than 90 days, you will have to forfeit your no claims bonus. So in your case you can still avail NCB benefits but you will need to bring your vehicle to the insurance agent for physical verification to be able to get your insurance renewed.

If you have failed to renew your 2 wheeler insurance in time you would be doing an illegal activity when you drive the vehicle in question. If you allow your two wheeler insurance policy to lapse for a period of more than 90 days, you will have to forfeit your no claims bonus. So in your case you can still avail NCB benefits but you will need to bring your vehicle to the insurance agent for physical verification to be able to get your insurance renewed. Source: CoolInterview.com

If you have the better answer, then send it to us. We will display your answer after the approval.

Rules to Post Answers in CoolInterview.com:-

• There should not be any Spelling Mistakes.
• There should not be any Gramatical Errors.
• Answers must not contain any bad words.
• Answers should not be the repeat of same answer, already approved.
• Answer should be complete in itself.

Name :*
Email Id :*
Answer :*
Verification Code	Not readable? Load New Code
Enter the above shown code: *
	Inform me about updated answers to this question