NCD

No Claim Discount (NCD)

No Claim Discount (NCD)

A No Claim Discount (NCD) is a discount on your premium if you haven't made any claims on your policy during the current period of insurance. You may still be entitled to a No Claim Discount even if you have made a claim, provided you are not liable for the accident.
 

About NCD

If you have been driving as a Named driver on somebody else's policy,
you are NOT entitled to any NCD.

If you have been driving a company car and you then buy a personal car,
you would be allowed to transfer the NCD if you can show the number of "claim-free" years you have with a letter from the HR department of your employer or from the leasing company, if the car is leased.

If you are a foreigner / expatriate living in Singapore,
you may be entitled to a NCD, if you can provide a letter from your last insurance company stating that you've been insured over the last 12 months and the number of "claim-free" years.

 


How to check your NCD level

If you've had zero 'at-fault'
claims for the last:
NCD level: Premium discount:
one (1) year NCD10 up to 10%
two (2) consecutive years NCD20 up to 20%
three (3) consecutive years NCD30 up to 30%
four (4) consecutive years NCD40 up to 40%
five (5) consecutive years NCD50 up to 50%
ten (10) or more consecutive years NCD60*
only at DirectAsia
up to 60%
only at DirectAsia


*If you have held NCD50 for at least the last five (5) consecutive years, you qualify for an additional saving exclusively with DirectAsia. Learn more.

Reduction in your No Claim Discount

When an accident occurs, your No Claim Discount will be reduced as described in the table below. Please declare the NCD according to your situation:

 

Without the optional ‘NCD Protection’ cover

Your current
No Claim Discount

Your reduced No Claim Discount
if you make 1 'at-fault' claim if you make 2 or more 'at-fault' claims
NCD60 NCD20 NCD0
NCD50 NCD20 NCD0
NCD40 NCD10 NCD0
NCD0 - NCD30 NCD0 NCD0

Transfer of your NCD

Your No Claim Discount is not transferable to another person. However you can transfer your NCD from one car to another.

For example: You've sold your 10 year old car and purchased a brand new one. You can transfer your existing NCD from your old car to the new car. If you bought a second car, you can decide which car will benefit from the NCD you've earned on your first car.

If you do not report an accident

If you do not report an accident to us within 24 hours or by the next working day and/or do not provide your car to us for inspection in accordance with the terms of the Motor Claims Framework, we may reduce your No Claim Discount upon renewal of your policy by a further additional 10%.


Frequently Asked Questions

I've been a named driver on someone else's insurance, can I still get a NCD?

If you have been a named driver on someone else's insurance, you are not entitled to any NCD.

But if you have been driving a company car and you then buy a personal car, you would be allowed to transfer the NCD provided you can show the number of claims' free years you have with a letter from the HR department of your employer or from the leasing company.

Can I protect my No Claim Discount (NCD)?

If you select NCD Protector Plus under our optional benefits then we will protect your No Claim Discount (NCD), when you make up to one claim under your policy and if you renew with us. Only applicable for NCD30, NCD40, NCD50 and NCD60 only.

What is a No Claim Discount (NCD)?

A No Claim Discount is a discount that we offer you on your renewal premium if there are no claims on your policy during the current period of insurance. You may still be entitled to a No Claim Discount even if you have made a claim, provided you are not liable for the accident and that you have been insured with us for the past 12 months.

What is NCD Protector Plus? How does it work?

NCD Protector Plus is an optional benefit to add on to your Car Insurance.

Only applicable for customers with NCD30/ 40/ 50/ 60, the NCD Protector Plus provides an opportunity for customers to protect or advance their NCD status for a nominal fee.

With NCD Protector Plus, customers can still advance to the next NCD level the following year even with 1 at-fault claim. Most insurers will only allow you to maintain your NCD status when you have an at-fault claim. Read more here.



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