CMFAS

CMFAS

PGI Practice Exam Test Questions PDF

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

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