Good news for two-wheeler owners! The Insurance Regulatory and Development Authority of India (IRDAI) has updated one of the most crucial aspects of bike insurance — the No Claim Bonus (NCB) grace period. If you’ve missed renewing your policy on time, you now get more days to retain your bonus.
Here’s what the new update means for bike insurance renewal 2025.
What Has Changed in the Bike Insurance Renewal Rule?
Starting 2025, the IRDAI NCB grace period rule gives policyholders more time to renew their policy after it has lapsed, without losing the NCB benefit.
Key Highlights
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Old grace period: 90 days from expiry
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New grace period: 120 days from expiry
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Applies to all two-wheeler insurance policies
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Implemented by IRDAI starting 2025
Why Is This Rule Important?
The No Claim Bonus (NCB) helps reduce your premium amount if you haven’t raised a claim during your policy period. Until now, if you failed to renew your policy within 90 days, your NCB would lapse.
The new IRDAI NCB grace period rule offers:
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30 extra days to renew your policy
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A chance to retain premium discounts even if you’re late
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More flexibility and peace of mind for policyholders
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Encouragement to continue claim-free safe driving
Impact on Bike Insurance Renewal 2025
Here’s a clear side-by-side comparison of how the rule has evolved:
| Feature | Before 2025 (Old Rule) | From 2025 (New Rule) |
|---|---|---|
| NCB Grace Period Duration | 90 days | 120 days |
| Renewal Flexibility | Moderate | Better |
| Premium Discount Retention | Often lost | More secured |
| Authority in Charge | IRDAI | IRDAI |
What Should Bike Owners Do in 2025?
To avoid losing NCB and enjoy uninterrupted coverage, keep the following points in mind:
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Always track your policy’s expiry date
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Use the extended 120-day window responsibly
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Renew on time via official portals or trusted apps
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Ensure your insurer updates your NCB automatically
How to Check Your NCB Status?
There are easy ways to check if your No Claim Bonus is still valid:
Methods to Check NCB
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Log in to your insurer’s customer portal
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Review your previous policy documents
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Check renewal details while making payment
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Contact customer service or use the IRDAI platform
FAQs
Q1. What is the IRDAI NCB grace period rule in 2025?
The IRDAI has increased the grace period to 120 days. This means you have 30 additional days after your policy expires to renew it without losing your No Claim Bonus.
Q2. Does this apply to all two-wheeler insurance policies?
Yes, the updated IRDAI NCB grace period rule applies to all bike insurance policies that offer an NCB benefit.
Q3. What happens if I miss the 120-day deadline?
If you fail to renew your bike insurance policy within 120 days, your accumulated No Claim Bonus will lapse, and you’ll have to start from zero.
Q4. Can I renew my policy online under this rule?
Yes, most insurance companies now allow easy online bike insurance renewal in 2025 and automatically consider your NCB within the 120-day window.
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