Which of the following is false regarding No Claim Discount (NCD)?
a) NCD is transferable from one insurer to another
b) NCD is reduced if a claim is made
c) NCD is a financial incentive for the insured for not having made any claim
d) NCD is not applicable for persons below 21 years of age
For the answer to this question and to practice on more mock exam questions, please go to:
http://cmfas-mock-papers.blogspot.com
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.