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      Question

      The 'No-Claim Bonus' is a discount offered by insurers

      for:
      A Claiming a large amount Correct Answer Incorrect Answer
      B No claims made during the policy period Correct Answer Incorrect Answer
      C Prompt payment of premiums Correct Answer Incorrect Answer
      D Early renewal of the policy Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The No-Claim Bonus (NCB) is a discount offered by insurers to policyholders who have not made any claims during the policy period.

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