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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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