No Claim Discount

[Shawnchan]

I have 2 insurance policy, one with NCD from NTUC and another one without NCD from AXA... Recently i had an accident involving the bike without the NCD... I would like to know whether my other insurance policy with NCD will be affected and my NCD will it be affected also??? Can someone guide me on this... Will be much appreciated... Thank you...

[Hydher]

You claimed in the end right? I believe it WILL be affected. Dont take my word for it. Do call.

[Demon]

I have 2 insurance policy, one with NCD from NTUC and another one without NCD from AXA... Recently i had an accident involving the bike without the NCD... I would like to know whether my other insurance policy with NCD will be affected and my NCD will it be affected also??? Can someone guide me on this... Will be much appreciated... Thank you...

 

That's a very interesting question but my guess is that your NCD of the other policy will not be affected because every policy accumulates it's own NCD.

[Shawnchan]

That's a very interesting question but my guess is that your NCD of the other policy will not be affected because every policy accumulates it's own NCD.

 

Ya man... The most i scare is affect my other insurance policy NCD cos i dun wan my NCD to be affected. If the premium goes higher i dun mind but is the NCD tat i care. Haha. Demon, Thanks alot anyway.

[three]

From my experience, nope. Not affected. But that was 3 years ago.

[Shawnchan]

From my experience, nope. Not affected. But that was 3 years ago.

 

Thanks alot three. Haha.

[Jehuty]

Different insurance different NCD la.

[Shawnchan]

Different insurance different NCD la.

 

Icic. Icic. Haha. Cos i tot NCD goes with the person and not the bikes. Haha. So even i got claims from one, the other wun be affected?

[Jehuty]

Icic. Icic. Haha. Cos i tot NCD goes with the person and not the bikes. Haha. So even i got claims from one, the other wun be affected?

 

Shouldn't be the case la. Claim is for the specific insurance ma, if you accident bike A but not bike B, then you claim from insurance A but not B, B will still be claim free.

 

Demerit points then yes, if got class 2 then recently passed car license, back to P-plate points. Might as well put P-Plate on your class 2 bike huhuhu

[Shawnchan]

Shouldn't be the case la. Claim is for the specific insurance ma, if you accident bike A but not bike B, then you claim from insurance A but not B, B will still be claim free.

 

Demerit points then yes, if got class 2 then recently passed car license, back to P-plate points. Might as well put P-Plate on your class 2 bike huhuhu

 

Haha... Okay... Thanks alot Jehudy...

[kzone]

will i get NCD for a 2nd bike with the same insurance co?

Or is NCD for 1st bike only?

[epk]

will i get NCD for a 2nd bike with the same insurance co?

Or is NCD for 1st bike only?

 

NCD for one bike only. Not necessary for 1st bike. You can transfer it to your 2nd bike. Just that out of the 2, you gotta choose which one the ncd stays with.

 

Also, ncd sticks with your ic number. Not insurance co or vehicle number.

[Demon]

will i get NCD for a 2nd bike with the same insurance co?

Or is NCD for 1st bike only?

 

Every policy accumulates its own NCD so when you get a 2nd bike, you start clocking NCD with that policy.

The trick is to use the NCD on the more expensive premium.

[epk]

Every policy accumulates its own NCD so when you get a 2nd bike, you start clocking NCD with that policy.

The trick is to use the NCD on the more expensive premium.

 

Oh really? I didn't know that. All along I thought you could only keep ncd for one bike. Thanks for the info :thumbup:

[kzone]

Also, ncd sticks with your ic number. Not insurance co or vehicle number.

 

Oh! so i can still get NCD if change insurance co?