The No Claim Bonus (NCB) is a key feature of any insurance policy and is offered as a reward to the policyholder for not making any claims in a particular policy year.
Copay is a feature present in some health insurance policies that refers to a percentage of total medical cost that would be borne by the policyholder.
Health insurance policies provide for free medical checkup to its policyholders but there are many misconceptions associated with it and many policyholders do not opt for it.