Provision for No Claim Bonus (NCB) when no claim is raised through a specified duration.
Special discounts on modified vehicles for the blind, handicapped and mentally challenged persons.
Depreciation and consequential loss.
Usage of the vehicle in sharp opposition to the terms laid out in the 'limitation as to use' document.
*Incurred Claims ratio = Ratio Of All Paid Claims Vs All Paid Premiums Of An Insurance Policy Issued. Figures above are for Financial Year 2015-16. The Information provided is available on the IRDA website.