No Claims Discount

No Claims Discount,

Definition of No Claims Discount:

The definition of No Claims Discount is: Low premium on renewals to reflect claimant driving periods. Discounts on claims are not common, but insurance companies are not required to offer them. (Also called a claimant bonus.)

Definition of No Claims Discount: Claim Return (NCD), also called Claim Bonus (NCB), is a waiver applied to a reward when no claim is made. The rebate is calculated annually. The policy should be suitable for the whole year so that the insurer can benefit from these short years.

No Claims Discount refers to If you do not claim insurance during this period, you will get a discount. This usually increases if you do not order for several years.

Literal Meanings of No Claims Discount

No:

Meanings of No:
  1. do not do that.

  2. It is used to give negative feedback.

  3. Absolutely not.

  4. do not do that.

  5. Negative reactions or decisions, for example. B. Voting.

  6. Noblem chemical element.

Sentences of No
  1. without reason

  2. It cannot automatically change from yes to yes

Synonyms of No

veto, non-acceptance, snub, refusal, absolutely not, cold-shouldering, turning down, not at all, never, rebuff, disapproval, no thanks, no, by no means, dismissal, of course not, snubbing, negative, not really, no indeed, rejection, spurning, negation, turndown

Claims:

Meanings of Claims:
  1. State or acknowledge that something happened, usually without proof or evidence.

  2. Formal request or request to say we won or won (some)

  3. Cause of loss (someone's life)

  4. A statement that something is true.

  5. Requests or demands for something appropriate.

Sentences of Claims
  1. The Prime Minister expressed concern about the debt of the Third World

  2. If no one claims the item, it belongs to the Crown

  3. Five people were killed in the attack

  4. Threatened by allegations that he had links to the CIA

  5. The court rejected his asylum application

Synonyms of Claims

assert ownership of, avow, protestation, averment, say that one owns, maintain, declaration, assert, avowal, declare, swear, formally request, affirmation, request, profession, state, lay claim to, application, profess, assertion, hold, affirm, representation, attest, protest, take, aver, insist

Discount:

Meanings of Discount:
  1. Deduction from the general cost of an item usually paid on time or in advance or for a specific category of buyers.

  2. Decrease the (normal value of an item)

  3. Consider inappropriate (possibility, reality or person) due to lack of credibility.

  4. (From a store or business) who has products to sell at a discount.

Sentences of Discount
  1. Many stores offer discounts on bulk purchases

  2. Existing users are entitled to a lower price

  3. I heard the rumors, but I put them aside

  4. Discount Pharmacy China

Synonyms of Discount

gloss over, rebate, lower price, markdown, take no notice of, deduction, brush off, overlook, take no account of, cut price, cut, disregard, dismiss, reduction, concession, pass over, take off, concessionary price, pay no attention to, ignore, deduct, price cut