All about No Claim Discount (NCD) For Car Insurance

No Claim Discount (NCD) or No Claim Bonus (NCB) is a discount on your car insurance premium. It’s based on how long you’ve been driving and your claims record. As you accumulate more years of driving without making a claim, you receive a discount on the full-priced premium.

Provided you have been insured with us for the last 12 months and if you do not have any accident(s) reported or made any claim(s) under your policy OR if you have made a claim and are not liable for the accident, we will give you a discount off your premium on the following scale when you renew your policy with us:

Your NCD will be shown on the Policy Schedule and/or Certificate of Insurance. However, if there is a claim made under your policy, we will reduce your NCD as follows:

Your NCD will be reduced to 0% when 2 (or more) claims are received under your policy in a policy term. Failure to report an incident leading to a claim on your policy within 24 hours of the incident or the next working day, may result in us reducing your NCD by an extra 10%.

However, your NCD will not be affected if:

• a claim is for windscreen or window repair or replacement only; or
• your car is involved in a wholly no-fault accident with another vehicle.
• You purchase our NCD Protector as an Optional Cover when buying your policy, subject to the terms as described under 'NCD Protector Explained'.

Your NCD entitlement is non-transferable to another person.

If you sell your car and buy another one and continue to maintain a car insurance policy with us, you will be entitled to retain your NCD for the new policy. If, however, you own more than one car, you will need to earn the NCD for each car. In such cases, we will advise you on the NCD under each car policy. 

For example: You've sold your current car and purchased another. You can transfer your existing NCD from your old car to the new car. If you bought a second car, you can decide which car will benefit from the NCD you've earned on your first car.

NCD Protector explained.

If you have 30% NCD or more, you can choose to protect your NCD under our Optional Cover. Simply select NCD Protector under our Optional Covers and your NCD will be protected when you make up to one claim under your policy and if you renew with us

Refer to the table below for more details on this Optional Cover

• Includes cases where an incident occurs during the Policy Term but the claim is made after the Policy Term has expired.

Unlike NCD, please note that any protected NCD (under an NCD Protector benefit) is not transferable from one insurer to another. 

Also, you cannot transfer your NCD from a commercial vehicle to a private car.

If you don't have our "NCD Protector"

In the event of an accident, your No Claim Discount will be reduced as described in the table below. Please declare the NCD according to your situation:

Your NCD questions answered.