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    Question

    Which of the following is the benefit accrued to an

    insured for not making any claims during the previous policy period?
    A No Accident Bonus Correct Answer Incorrect Answer
    B No Premium Bonus Correct Answer Incorrect Answer
    C No Claim Bonus Correct Answer Incorrect Answer
    D No Damage Bonus Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    No Claim Bonus (NCB) is the benefit accrued to an insured for not making any claims during the previous policy period. 

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