No Claim Discount (NCD) You will enjoy a No Claim Discount (NCD) if no claim is made during the previous policy year. The NCD available is as follows : Period of insurance No claim for the preceding 1 year No claim for the preceding 2 years No claim for the preceding 3 years No claim for the preceding 4 years No claim for the preceding 5 years NCD 10% 20% 30% 40% 50% You do not need to renew your motor policy with the same insurance company to enjoy the NCD, it is transferable from one insurer to another. For administrative purposes, you will need to provide the name of the previous insurer to your new insurer in order for your new insurer to confirm with your previous insurer regarding the amount of your discount. If you have 2 vehicles or more, you will have a separate NCD applicable for each vehicle. In the event of a claim, the No Claim Discount is reduced as follows : NCD at time of claim 50% 40% 30% or less 50% or less No. of claims during period of insurance 1 1 1 2 or more NCD applicable for next renewal 20% 10% Nil