Motor Insurance: Tips & Hints
Q1) 'NCD' vs 'NCB'?
Well, No Claim Discount (NCD) and No Claim Bonus (NCB) are referring to
the same thing. NCD is an incentive given when the insureds do not make
any claims on their policy. In other words, it's a cumulative discount (from
0% to a maximum of 50%) given by the insurers when policy renewal is
made provided that no claim was made during a period of insurance before
the renewal.
Tip: NCD is transferable from insurer to insurer.
Need more Information?
Contact us and we'll provide you the information as best we can.
Q1) 'NCD' vs 'NCB'?
Well, No Claim Discount (NCD) and No Claim Bonus (NCB) are referring to
the same thing. NCD is an incentive given when the insureds do not make
any claims on their policy. In other words, it's a cumulative discount (from
0% to a maximum of 50%) given by the insurers when policy renewal is
made provided that no claim was made during a period of insurance before
the renewal.
Tip: NCD is transferable from insurer to insurer.
Need more Information?
Contact us and we'll provide you the information as best we can.
| All rights reserved. |
Star Capital Insurance
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
