No Claim Discount (NCD)
In the event of no claim being made or arising during any of the periods of insurance specified below, the next renewal premium shall be reduced by the discount as specified:
| |
No Claim Discount |
| |
Private Motor Car |
Commercial Motor Vehicle |
Motor Cycle |
| Period of Insurance |
Dah Sing/ QBE |
Zurich |
Dah Sing/ QBE/ Zurich |
Dah Sing/ QBE/ Zurich |
| One Year |
20% |
30% |
10% |
10% |
| 2 consecutive years |
30% |
35% |
20% |
20% |
| 3 consecutive years |
40% |
45% |
30% |
30% |
| 4 consecutive years |
50% |
50% |
30% |
30% |
| 5 consecutive years |
60% |
60% |
30% |
30% |
Insurance Company in alphabetic order
In the event of claim being made during the period of insurance
Private Motor Car
- If claim has been made during the period of insurance of which the No Claim Discount is 40% or less; or more than one claim have been made within one year, the No Claim Discount shall be forfeited
- If one claim has been made during the period of insurance of which the No Claim Discount is 50%, the No Claim Discount shall be reduced at the next renewal to 20% (Dah Sing/ QBE) and 30% (Zurich).
- If one claim has been made during the period of insurance of which the No Claim Discount is 60%, the No Claim Discount shall be reduced at the next renewal to 30% (Dah Sing/ QBE) and 35% (Zurich).
Commercial Motor Vehicle / Motor Cycle：
- If claim has been made during the period of insurance, the No Claim Discount shall be forfeited.
