Question On Ncd
#1
Posted 21 March 2012 - 08:27 AM
Thanks.
#2
Posted 21 March 2012 - 09:03 AM
Thanks.
55% is max NCD. it wil not get any lower no matter how long. Correct me, but I think you cannot let the NCD lapse by more than one year. Meaning if you sell your car,you should buy the next car within one year of the expiry of present inc.
The REALdeal
#3
Posted 21 March 2012 - 12:04 PM
Thanks.
each year lapse u drop one level...
#4
Posted 21 March 2012 - 01:57 PM
Are you sure? I think must buy car within a year as mentioned by bro. Massenger......
#5
Posted 21 March 2012 - 07:49 PM
#6
Posted 21 March 2012 - 10:24 PM
Thanks.
confirm your NCB will dry up and expire
happened to me ... total burn
no idea bout the rate of decrease but i assume it's the reverse of how we accumulate the 55%
a quick check with your agent should clear any doubts
#7
Posted 22 March 2012 - 08:55 AM
This actually makes sense,but do you think Inc Co's are interested in making sense! They only want to make max profit. Check it out with agents.
The REALdeal
#8
Posted 22 March 2012 - 09:33 AM
dont pass 1 year you will still get 55%.
#9
Posted 22 March 2012 - 11:16 AM
So what happens after 1 year? 45% or 0%?
Any members knows for sure?
#10
Posted 22 March 2012 - 12:28 PM
Any members knows for sure?
<= remain
1-2 year -1
2-3 year -2
3-4 year -3
and so on....