I had bought a second hand car with NCB 50%. When i approached the car insurer to change the ownership name, he did the same and he didn't mention anything about the NCB transfer and I also was unaware about it. When the next renewal came, I was charged a huge amount with 0% NCB and when I asked them, they said the previous owner had changed the NCB to his new car bought and hence I'll not get it. I said OK since I wasn't aware of it and it's my mistake.
So, my question is that will it take another 5 years for the policy to have a 50% NCB ?