Comments on: NCD Insurance – Understanding Insurance: What is NCD?

By: luke

luke — Mon, 09 Jul 2018 02:22:44 +0000

In reply to gt. You can transfer your NCD. Your 2nd motorcycle will start with 25% and your first with 0%.

By: gt

gt — Sun, 08 Jul 2018 16:04:14 +0000

my motorcycle current ncd is 25% on 1st party, what happen if i change to 2nd party with same insurance company? will ncd start with 0%??

By: Selina

Selina — Sat, 07 Jul 2018 00:32:50 +0000

In reply to Hasan Wazani. Hi Hasan. The Ncd remains valid and can be transferred later because it is linked to vehicle number and your Ic. However, if not used for 365 days after car is sold, the NCD will drop down to the next discount level. It can still be used though

By: Hasan Wazani

Hasan Wazani — Fri, 06 Jul 2018 10:41:50 +0000

If NCD is linked to car registration number, what if i sell my current car (with NCD 55%) and dont purchase any new car.. Meaning the car registration number sold. Will the NCD be gone?

By: luke

luke — Tue, 19 Jun 2018 14:21:55 +0000

In reply to David Lee. Hi David, no motorcycle ncd cannot be transferred to the car.

By: David Lee

David Lee — Tue, 12 Jun 2018 13:05:50 +0000

Does motorcycle ncd transfable to car?

By: luke

luke — Mon, 11 Jun 2018 06:32:49 +0000

In reply to SK. You can cancel the NCD on your old car and transfer the 38.33% to your new car. Once, you have been on 38.33% NCD for 365 days (you need to proof it to the company), you can request an endorsement to go to next level of NCD. You do not need to wait until June 2019.

By: SK

SK — Mon, 11 Jun 2018 06:14:31 +0000

Hi, my car insurance is expiring on 17 July 2018 with 38.33%. If i change a new car now (before 17 July 2018), my NCD will be 38.33% until June 2019? I am selling off the old car.

By: luke

luke — Tue, 05 Jun 2018 03:56:39 +0000

In reply to wt. If you do not use it immediately, your NCD will drop one level down, so in your case 45%. When you buy your new car, you transfer the NCD of the old vehicle to the new car. Your NCD is linked to your vehicle number and IC.

By: wt

wt — Mon, 04 Jun 2018 22:16:37 +0000

Hi. I plan to sell my current car (NCD 55%) in June 2018. If I will only be buying a new car 1 year later (eg. June 2019), can the NCD 55% still be applicable to the new car then? What would the NCD transfer process be like in this case? Is there a time limit before the NCD “expires” if not used?

Thanks!